Another fine mess for Milberg; lies of lead plaintiff threaten control of Oxford class action

Article Abstract:

The securities fraud class actions against Oxford Health plans Inc and the problems created for Milberg Weiss Bershad Hynes and Lerach in this litigation are discussed. Milberg tried to represent plaintiffs in this case but the lead plaintiff committed perjury.

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A case of ill-fitting Oxfords? Milberg's leading role in big class action is under attack

Article Abstract:

The controversial tactics of Milberg Weiss Bershad Hynes and Lerach in trying to become lead counsel of the large securities class action against Oxford Health Plans In care discussed. Oxford's counsel charged that Milberg Weiss clients filed misleading affidavits to make it seem that they had lost substantially in trading in Oxford stock.

Management

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Milberg Weiss' $50M mistake; the inside story of why jurors didn't buy the firm's testimony

Article Abstract:

Lexecon Inc was named as one of the many defendants in Milberg Weiss Bershad Hynes and Lerach's Lincoln Savings and Loan Association suit, but naming Daniel R Fischel, a principal in the corporation, as a defendant as well turned out to be an expensive mistake for the law firm, as the jury returned a $45 mil verdict against the firm on charges of abuse of the legal system. The law firm agreed to pay $50 mil to settle the case rather than allow the jury to consider punitive damages.

Lincoln Savings and Loan Association, Savings and Loan Associations Bailout Crisis, 1987-, Lexecon Inc., Fischel, Daniel R.

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