• Plea Agreement with Bill Lerach

    The U.S. Attorney’s Office has announced a plea agreement with Bill Lerach, former partner at Milberg Weiss. He will plead guilty one one count of conspiracy, forfeit $7.75 million, and pay a $250,000 fine. He will receive a prison sentence […]

  • Whistleblowers and Sarbanes-Oxley

    One of the major selling points of the Sarbanes-Oxley Act of 2002 was the protection for whistleblowers. The legislation required public companies to put into place “anonymous reporting mechanisms” (like hotlines) so that employees could report suspected fraud without fear […]

  • Sam Antar dishes out some free advice on staying out of prison

    In today’s post entitled Advice from a convicted felon: How the government investigates and prosecutes white collar criminal cases, Sam Antar gives us an education on how the federal government goes after the “fish” in a criminal case. And Sam […]

  • Six signs of internal fraud

    This is taken from the White-Collar Crime Fighter newsletter. You can subscribe to the full newsletter here, as well as access other fraud-fighting resources.

  • Supreme Court of Wisconsin – Lawyer License Suspension

    SUPREME COURT OF WISCONSIN CASE NO.: 2006AP578-D COMPLETE TITLE: In the Matter of Disciplinary Proceedings Against Hazel J. Washington, Attorney at Law: Office of Lawyer Regulation, Complainant, v. Hazel J. Washington, Respondent. OPINION FILED: May 30, 2007 David R. Schanker […]

  • Milberg Weiss Partner Pleads Guilty

    David Bershad, former senior partner at Milberg Weiss & Bershad LLP, has pleaded guilty to conspiracy in federal court. He admitted to concealing secret payment agreements with plaintiffs in class action suits, and will forfeit $7.75 million and pay a […]

  • Settlement Discussed With Milberg Weiss

    Milberg Weiss & Bershad LLP is talking with federal prosecutors about a potential settlement regarding the accusations of improper kickbacks in class-action suits. Milberg partner David Bershad is also in talks with prosecutors about a personal guilty plea. The firm […]

  • Computer Associates Founder Accused of Fraud

    Charles Wang, founder and former chairman of Computer Associations International Inc. ( now CA Inc.) has been accused of fraudulent accounting practices. A special committee of the board of directors has recommended that CA file suit against Wang to recover […]

  • Fraud Not a Priority for the FBI Since 9/11

    I’ve heard it before… that since 9/11 all the federal law enforcement officers are working on “Homeland Security” and don’t have time to look at white collar crime. I don’t profess to know the inner workings of all these agencies, […]

  • Stock Option Backdating: What’s the Big Deal?

    The list of companies involved in stock option backdating and related investigations continues to grow. The Wall Street Journal currently lists more than 120 companies under scrutiny, including the likes of UnitedHealth, Broadcom, Apple, and Home Depot. These companies are […]