Posted on 09/17/2007 8:26:18 PM PDT by radar101
William S. Lerach, one of the nation's best known and wealthiest plaintiff lawyers, is preparing to plead guilty as early as today to a single criminal conspiracy charge that could send him to prison for up to two years, according to sources familiar with the case.
Lerach, 61, resigned from his California law firm last month after intense speculation about his personal exposure in a lengthy federal criminal investigation. At the time, he said he wanted "to focus single-mindedly on putting the matter behind me once and for all."
During his heyday, Lerach won settlements worth billions of dollars from major companies, including a record $7.3 billion payout from firms that helped Enron disguise its financial problems
(Excerpt) Read more at washingtonpost.com ...
Four days later, the president vetoed the Securities Litigation Reform Act. The bill, which makes it more difficult for shareholders to sue their own companies for securities fraud, enjoyed wide bipartisan support, but Clinton startled his party with a last-minute veto. (In late December, Congress overrode the veto handily.)
Clinton’s veto seems to have been a “good faith” gesture to Lerach, head of the San Diego office of law firm Milberg, Weiss, Bershad, Hynes & Lerach. Milberg Weiss, the acknowledged leader in shareholder class-action litigation, secures annual settlements estimated at $225 million from this type of suit, according to the newsletter Securities Class Action Alert…
…Lerach, wife Star Soltan, and other associates of Milberg Weiss…have poured more than $1 million into Democratic coffers since 1990. According to Forbes, Lerach is among the nations’ top-paid trial attorneys, taking home an estimated $7 million per year. He is also among the most loathed men in Silicon Valley, where vacillating stock prices open the door for shareholders to sue companies if executives make incorrect predictions of corporate success. Milberg Weiss has filed such suits agains the likes of Apple, Silicon Graphics, and Intel (five times in 1994 alone). “The high-tech industry needs someone to demonize,” Lerach once told the San Francisco Examiner. “I’m the Willie Horton of securities law.”
Non-Federal Receipts “Exempt From Limits”
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
DNC NON-FEDERAL UNINCORPORATED ASSOCIATION ACCOUNT
09/30/1998 100000.00 98033642072
LERACH, WILLIAM S
SAN DEIGO, CA 92101
DSCC NON-FEDERAL INDIVIDUALS
10/29/1998 20000.00 98020270679
LERACH, WILLIAM S
SAN DIEGO, CA 92101
DCCCE NON-FEDERAL ACCOUNT #5
06/16/1998 10000.00 98033384021
DNC-NON-FEDERAL INDIVIDUAL
03/10/1998 100000.00 98032921084
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS
DNC NON-FEDERAL UNINCORPORATED ASSOCIATION ACCOUNT
01/15/1999 25000.00 99034664813
LERACH, WILLIAM S. MR.
RANCHO SANTA FE, CA 92067
SELF
DNC - BUILDING FUND
09/25/2001 250000.00 22990293041
06/28/2002 250000.00 22991355578
Total Soft Money: 755000.00
Contributions to Political Committees
LERACH, WILLIAM
,
MILBERG WEISS BERSHAD HYNES & LER
MILBERG WEISS BERSHAD HYNES & LERACH POLITICAL ACTION COMMITTEE
10/11/2000 1000.00 21037353142
LERACH, WILLIAM
LA JOLLA, CA 92037
LERACH COUGHLIN STOIA GELLER RUDM
MADRID, PATRICIA A
VIA MADRID FOR CONGRESS
03/20/2006 2100.00 26960060253
03/20/2006 2100.00 26960060254
LERACH, WILLIAM
LA JOLLA, CA 92037
LERACH LAW/ATTORNEY
EDWARDS, JOHN
VIA JOHN EDWARDS FOR PRESIDENT
01/18/2007 2100.00 27930588805
03/31/2007 200.00 27930588850
03/31/2007 200.00 27930588851
03/31/2007 2100.00 27931004521
LERACH, WILLIAM
RANCHO SANTA FE, CA 92067
DNC SERVICES CORPORATION/DEMOCRATIC NATIONAL COMMITTEE
12/01/2004 -2205.00 25980422084
LERACH, WILLIAM
SAN DIEGO, CA 92101
DAVIS, SUSAN A
VIA SUSAN DAVIS FOR CONGRESS
07/17/2000 -1000.00 20036103085
DNC SERVICES CORPORATION/DEMOCRATIC NATIONAL COMMITTEE
09/10/1997 -20000.00 98032674036
LERACH, WILLIAM
SAN DIEGO, CA 92101
ATTORNEY
DAVIS, SUSAN A
VIA SUSAN DAVIS FOR CONGRESS
07/14/2000 1000.00 20036103023
07/14/2000 1000.00 20036103023
LERACH, WILLIAM
SAN DIEGO, CA 92101
LERACH COUGHLIN STOIA & ROBBINS L
NELSON, BILL
VIA BILL NELSON FOR U S SENATE
03/31/2005 234.00 25020153329
LERACH, WILLIAM
SAN DIEGO, CA 92101
LERACH COUGHLIN STOIA ROBBINS
KENNEDY, JOHN NEELY
VIA JOHN KENNEDY FOR US SENATE INC
07/15/2004 2000.00 24020592430
07/15/2004 2000.00 24020592430
LERACH, WILLIAM
SAN DIEGO, CA 92101
MILBERG WEISS
DORGAN, BYRON L
VIA FRIENDS OF BYRON DORGAN
12/31/1997 750.00 98020051450
LEAHY, PATRICK
VIA LEAHY FOR U.S. SENATOR COMMITTEE
03/28/2003 1000.00 23020201395
SPECTER, ARLEN
VIA CITIZENS FOR ARLEN SPECTER
03/27/2002 1000.00 22020540607
03/27/2002 1000.00 22020540607
LERACH, WILLIAM
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNEST & LE
EMANUEL, RAHM
VIA FRIENDS OF RAHM EMANUEL
11/01/2001 1000.00 22990368612
LERACH, WILLIAM
SAN DIEGO, CA 92101
MILLBERG WEISS
EFFECTIVE GOVERNMENT COMMITTEE
11/19/1997 4000.00 97032534812
LERACH, WILLIAM
SAN FRANCISCO, CA 94111
MILBERG WEISS BERSHAD HYNES & LER
NATIONAL ASSOCIATION OF SHAREHOLDERS & CONSUMER ATTORNEYS PAC
06/21/2002 1666.00 22991342763
LERACH, WILLIAM B
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES & LER
SCHIFF, ADAM
VIA SCHIFF FOR CONGRESS
07/14/2000 1000.00 20036223282
LERACH, WILLIAM ESQ
SAN DIEGO, CA 92101
1 AMERICAN PLAZA
BAYH, EVAN
VIA EVAN BAYH COMMITTEE
06/18/1997 1000.00 97020090608
LERACH, WILLIAM ESQ
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES LE
BAYH, EVAN
VIA EVAN BAYH COMMITTEE
05/19/1998 1000.00 98020152088
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGHLIN STOIA ET AL, LLP/
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
05/18/2006 1000.00 26020481887
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGHLIN STOIA ET AT LLP/A
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
07/14/2006 1100.00 26020631437
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGHLIN STOIA GELLER RUDM
BIDEN, JOSEPH R JR
VIA BIDEN FOR PRESIDENT INC
05/11/2007 400.00 27990242105
05/11/2007 2300.00 27990242105
MCNERNEY, JERRY
VIA MCNERNEY FOR CONGRESS
11/04/2006 2000.00 27950085025
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGHLIN STOLE ET AL. LLP/
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
10/11/2006 1000.00 26020941692
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGHLIN/ATTORNEY
CARTER, JOHN WILLIAM
VIA CARTER FOR SENATE COMMITTEE
06/19/2006 2100.00 26020430763
06/19/2006 2100.00 26020430763
CASEY, ROBERT P JR
VIA BOB CASEY FOR PENNSYLVANIA COMMITTEE
10/17/2006 2100.00 26020902201
LERACH, WILLIAM S
LA JOLLA, CA 92037
LERACH COUGLIN/ATTORNEY
BUSBY, FRANCINE P
VIA FRANCINE BUSBY FOR CONGRESS
04/11/2006 2100.00 26930157560
05/16/2006 2100.00 26930157561
05/16/2006 2100.00 26930157561
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
ATTORNEY
ROVNER, BOB
VIA BOB ROVNER FOR US SENATE—2000
04/07/2000 500.00 20020150518
04/07/2000 2000.00 20020150518
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
LERACH COUGHLIN ET AL
KENNEDY, EDWARD MOORE SENATOR
VIA KENNEDY FOR SENATE 2012
02/17/2005 2000.00 25020142432
02/17/2005 2000.00 25020142432
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
MILBERG WEISS BERSHAD ET AL
CIRESI, MICHAEL V
VIA CIRESI FOR SENATE
01/18/2000 1000.00 20020130038
NELSON, BILL
VIA BILL NELSON FOR U S SENATE
09/09/2003 2000.00 23020421072
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
MILBERG WEISS BERSHAD HYNEST & LE
GEPHARDT, RICHARD A
VIA GEPHARDT FOR PRESIDENT INC.
12/11/2003 2000.00 24990360714
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
MILBERG WEISS ET AL/ATTORNEY
FILNER, BOB
VIA BOB FILNER FOR CONGRESS
02/23/2004 2000.00 24991028094
LERACH, WILLIAM S
RCHO SANTA FE, CA 92067
MILBERG WEISS BERSHAD
BIDEN, JOSEPH R JR
VIA CITIZENS FOR BIDEN
06/17/2002 1000.00 22020442879
06/17/2002 1000.00 22020442879
LERACH, WILLIAM S
RICHO SANTA FE, CA 92067
MILBERG WEISS BERSHARD LLP/ATTORN
DEMOCRATIC EXECUTIVE COMMITTEE OF FLORIDA
10/27/2004 10000.00 26950550786
10/27/2004 10000.00 26930415441
LERACH, WILLIAM S
SAN DIEGO, CA 92101
BLUE, DANIEL JR
VIA DAN BLUE SENATE COMMITTEE
03/31/2003 -1000.00 23020331654
BOXER, BARBARA
VIA FRIENDS OF BARBARA BOXER
11/20/2004 -1000.00 24021131400
LERACH, WILLIAM S
SAN DIEGO, CA 92101
ATTORNEY
UNKNOWN (C00332338)
02/10/1998 5000.00 98020070206
KEHOE, CHRISTINE
VIA CHRISTINE KEHOE FOR CONGRESS ‘98
05/13/1998 1000.00 98033103347
05/13/1998 1000.00 98033103347
LERACH, WILLIAM S
SAN DIEGO, CA 92101
LERACH COUGHLIN ET AL/ATTORNEY
FILNER, BOB
VIA BOB FILNER FOR CONGRESS
03/01/2005 2000.00 25991020684
03/01/2005 2000.00 25991020684
LERACH, WILLIAM S
SAN DIEGO, CA 92101
LERACH COUGHLIN STOIA GELLER RUDM
DEMOCRATIC CONGRESSIONAL CAMPAIGN COMMITTEE
08/31/2006 5000.00 26940350633
10/11/2006 3750.00 26930551537
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS
BLUE, DANIEL JR
VIA DAN BLUE SENATE COMMITTEE
10/25/2001 1000.00 22020121541
10/25/2001 1000.00 22020121540
HOLLINGS, ERNEST F
VIA HOLLINGS FOR SENATE
09/29/1997 1000.00 98020032816
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD
WEYGAND, ROBERT A
VIA WEYGAND COMMITTEE
12/08/1999 1000.00 20020080631
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD & LERACH
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
11/11/2003 3875.00 23020501458
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD ET AL
UNKNOWN (C00336032)
06/24/1998 1000.00 98020133354
06/24/1998 1000.00 98020133354
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
01/03/1997 20000.00 97020040565
SPECTER, ARLEN
VIA CITIZENS FOR ARLEN SPECTER
12/09/1997 1000.00 98020030888
12/09/1997 1000.00 98020030888
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES & LER
WEINBERG, LOIS COMBS
VIA LOIS 2002 US SENATE COMMITTEE
02/14/2002 1000.00 22020232589
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES ET AL
HOEFFEL, JOSEPH M
VIA HOEFFEL FOR CONGRESS COMMITTEE
09/15/1998 1000.00 98033724547
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS ET AL
BOXER, BARBARA
VIA FRIENDS OF BARBARA BOXER
05/20/2002 1000.00 22020581535
05/20/2002 1000.00 22020581535
10/13/2004 2000.00 24020942535
LEVIN, CARL
VIA FRIENDS OF SENATOR CARL LEVIN
02/26/2001 1000.00 21020181552
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILLBERG WEISS BERSHAD SPECTHR/PA
DEMOCRATIC CONGRESSIONAL CAMPAIGN COMMITTEE
12/31/2003 775.00 24961535133
LERACH, WILLIAM S MR.
RANCHO SANTA FE, CA 92067
SELF/ATTORNEY
DNC SERVICES CORPORATION/DEMOCRATIC NATIONAL COMMITTEE
10/26/2004 25000.00 24981640674
LERACH, WILLIAM S.
SAN DIEGO, CA 92101
SELF-EMPLOYED/ATTORNEY
PROGRESSIVE UNITY VOTER FUND
10/19/2004 5000.00 24981726267
LERACH, WILLIAM S. MR.
RICHO SANTA FE, CA 92067
MILBERG WEISS/ATTORNEY
MAINSTREAM AMERICA POLITICAL ACTION COMMITTEE
12/31/2001 5000.00 22990083405
LERACH, WILLIAM S. MR.
SAN DIEGO, CA 92101
MILLBERG WEIS PARTNERSHIP/PARTNER
GORE, AL
VIA GORE 2000 INC
12/23/1999 1000.00 20990028347
LERACH, WILLIAM TTEE
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES & LE
FEINGOLD, RUSSELL D
VIA FEINGOLD SENATE COMMITTEE
06/26/1997 1000.00 97020101748
LERACH, WILLIAM TTEE
SAN DIEGO, CA 92101
MILBERG, WEISS, BERSHAD, HYNES &
FEINGOLD, RUSSELL D
VIA FEINGOLD SENATE COMMITTEE
06/26/1997 1000.00 97020101748
Total Contributions: 157545.00
Joint Fundraising Contributions
These are contributions to committees who are raising funds to be distributed to other committees. The breakdown of these contributions to their final recipients may appear below
LERACH, WILLIAM S
RANCHO SANTA FE, CA 92067
PRODUCER
NEW YORK SENATE 2000
10/12/2000 5000.00 20020370147
LERACH, WILLIAM S
SAN DIEGO, CA 92101
PRODUCER
VICTORY IN NEW YORK
10/31/1998 2000.00 98020270888
LERACH, WILLIAM S ESQUIRE
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES AND L
DASCHLE-LEAHY VICTORY FUND
12/22/2003 1240.00 24020051151
Total Joint Fundraising: 8240.00
Recipient of Joint Fundraiser Contributions
These are the Final Recipients of Joint Fundraising Contributions
LERACH, WILLIAM
RANCHO SANTA FE, CA 92067
PRODUCER
CLINTON, HILLARY RODHAM
VIA HILLARY RODHAM CLINTON FOR US SENATE COMMITTEE INC
10/12/2000 1000.00 20020372523
LERACH, WILLIAM
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD ET AL
LEAHY, PATRICK
VIA LEAHY FOR U.S. SENATOR COMMITTEE
09/30/2004 310.00 24020832201
12/22/2004 310.00 24020832201
LERACH, WILLIAM S
SAN DIEGO, CA 92101
SCHUMER, CHARLES E
VIA SCHUMER ‘98
10/30/1998 1000.00 98020290493
LERACH, WILLIAM S
SAN DIEGO, CA 92101
ATTORNEY
Recipient of Joint Fundraiser Contributions
These are the Final Recipients of Joint Fundraising Contributions
LERACH, WILLIAM S
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD ET AL
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
02/10/1998 5000.00 98020070290
LERACH, WILLIAM S
SAN DIEGO, CA 92101
PRODUCER
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
10/31/1998 1000.00 98020270460
LERACH, WILLIAM S ESQ
SAN DIEGO, CA 92101
MILBERG WEISS BERSHAD HYNES & LER
DASCHLE, THOMAS ANDREW
VIA NEW LEADERSHIP FOR AMERICA PAC
12/22/2003 310.00 24020882274
12/22/2003 310.00 24020882271
LERACH, WILLIAM S ESQ
SAN DIEGO, CA 92101
PRODUCER
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
10/12/2000 4000.00 20020370694
Recipient Total: 15240.00
Awesome news. If this guy wasn’t on that list of the 100 people screwing up America, he should have been. The Clinton contributions are only a small misdeameanor amongst the damage this guy’s done.
A nice warm fuzzy feeling if this guy actually does time.
I’d settle for disbarment - “settle,” get it?
Thankyewverramuch - I’ll be here all week.
Too bad Slick won’t do any for “allowing” his arm to be twisted . “Culture of Corruption”, anyone?
I wonder how much his law firm, Milberg Weiss, donated ?
Very happy Lerach is going to jail and will be disbarred. He cost this country billions. He defines the term “slimy lawyer”. Hope he gets “poked” in prison.
If he wants to identify himself with a convicted rapist and murderer, who am I to object?
Many, if not most, major democrat contributors are pure criminals.
In the case of Hillary, its guaranteed.
That’s from the Donor Search at www.fec.gov. (The Federal Elections Commission.)
Any time you want to find out the political proclivities of someone in the news, that’s the first place to start.
Lerach has been worth millions to the Dems. Wouldn’t surprise me if he bundled tens-of-millions.
SPECTER, ARLEN
thanks...
Presented by the Federal Election Commission
Individual Contributions Arranged By Type, Giver, Then Recipient
Non-Federal Receipts “Exempt From Limits”(Soft money)
MILBERG WEISS BERSHAD HYNES & LE,
NEW YORK, NY 10119
DSCC NON-FEDERAL CORPORATE
10/08/2002 50000.00 22020813411
10/11/2002 30000.00 22020813418
MILBERG WEISS BERSHAD HYNES & LEAR,
NEW YORK, NY 10119
DSCC NON-FEDERAL INDIVIDUAL NO.3
10/29/2002 10000.00 22020892197
MILBERG WEISS BERSHAD HYNES & LERA,
NEW YORK, NY 10119
DCCCC NON-FEDERAL ACCOUNT #3
06/30/2001 20000.00 21990376101
DNC - NON FEDERAL REDISTRICTING
05/24/2001 200000.00 21990563736
DNC-NONFEDERAL-CORPORATE
10/27/2000 10000.00 20036584209
11/01/2000 250000.00 20036584209
04/03/2001 50000.00 21990563736
05/15/2002 100000.00 22991355460
08/09/2002 25000.00 22992104069
09/16/2002 25000.00 22992104070
10/25/2002 25000.00 22992883964
DSCC NON-FEDERAL CORPORATE
02/05/2001 25000.00 21020060333
02/05/2001 25000.00 21020060333
03/26/2001 75000.00 21020070694
MILBERG WEISS BERSHAD HYNES & LERA,
NEW YORK, NY 10119
N/A
DCCCC NON-FEDERAL ACCOUNT #3
10/16/2002 100000.00 22992461136
10/29/2002 150000.00 22992962423
MILBERG WEISS BERSHAD HYNES ET AL,
NEW YORK, NY 10119
DCCCE NON-FEDERAL ACCOUNT #5
10/26/1998 35000.00 98034024510
MILBERG WEISS BERSHAD HYNES LERACH,
NEW YORK, NY 10119
DNC-NONFEDERAL-CORPORATE
09/18/1998 50000.00 98033641984
DSCC NON-FEDERAL CORPORATE
05/24/2001 25000.00 21020081481
Total Soft Money: 1280000.00
Contributions to Political Committees
MILBERG WEISS BERSHAD HAYNES LERAC,
NEW YORK, NY 10119
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
11/17/2003 -1000.00 23020501653
Total Contributions: -1000.00
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