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At New York Law Firm, the Pot Calls the Kettle Black

Posted by Andrew J. Barovick | Feb 21, 2009 | 0 Comments

This story made my day.  In yesterday's DealBook Blog in the NY Times , it was reported that Milberg (formerly Milberg Weiss, before its leading partners became felons)  is courting victims of Bernard Madoff's infamous Ponzi-scheme based fraud, so that its lawyers can sue Madoff on their behalf.  But hold on a minute.  Isn't Milberg the firm that pioneered fraudulent ways to collect big money from unsuspecting parties?  You remember, don't you? Mr. Wiess and Mr. Lerach?  They systematically hired fake plaintiffs to become shareholders of corporations vulnerable to shareholder lawsuits, so that the Milberg lawyers could then engineer such lawsuits completely on their own, collect huge verdicts, and pay kickbacks to their “straw-man” plaintiffs.

So, it is really heartwarming to see that they are now taking the high road, and going after those bad people who lie, cheat and steal to enrich themselves unjustly–like Bernie Madoff–and like Milberg Weiss.

About the Author

Andrew J. Barovick

Mr. Barovick is a graduate of Columbia College and Cardozo School of Law. He began his legal career at the Queens District Attorney’s Office, where he tried over 20 felonies to verdict, and argued an equal number of appeals before the Appellate Division, Second Department, the New York Court of Appeals and the United States Court of Appeals for the Second Circuit.

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