Prosecutors Step Up Pressure on Milberg Weiss

US - Reuters - American prosecutors have stepped up their criminal probe of law firm Milberg Weiss, a specialist in class-action cases, and have given immunity to two former partners at the firm, The Wall Street Journal reported on Monday.

The newspaper, citing unspecified lawyers close to the case, said a grand jury in Los Angeles heard secret testimony three weeks ago from Alan Schulman, one of the former partners who was granted immunity.

Milberg Weiss was implicated in a federal indictment unsealed in June against a client of the firm who allegedly accepted secret kickbacks to act as a plaintiff in more than 50 securities class-action suits. The law firm contends the payments were referral fees to other law firms that had been disclosed on tax documents.

Details here from Reuters via I'd noted Milberg's legal problems earlier here.