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Plaintiff Class Action Law Firm Milberg Weiss Named As Defendant In Class Action Filed By Former Class Members

In a case of “boy bites dog,” plaintiff class-action law firm Milberg Weiss Bershad & Schulman was named August 2, 2007, as a defendant in a class action complaint filed in the United States District Court for the Southern District of New York by six individuals who were class members in class action lawsuits where Milberg Weiss served as lead class counsel. The putative class action also names the well known plaintiff class action law firm of Lerach Coughlin Stoia Geller Rudman & Robbins as a defendant. The five-count, 48-page class action complaint is premised and relies heavily on the allegations underlying the criminal indictment filed against Milberg Weiss and two former partners, David Bershad and Steven Schulman, that the law firm secretly paid millions of dollars to certain individuals to serve as named plaintiffs in numerous class action lawsuits. A copy of the class action complaint may be found here.