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Law Practice

Jan. 10, 2006

Attorney Fee Reduction Skirts Kickback Scandal

SAN FRANCISCO - Securities class action king Bill Lerach's firm, already under federal scrutiny in a kickback probe, must pay back nearly half of $5 million in attorney fees in a San Francisco securities case because a judge has decided the plaintiffs' lawyers were overpaid.

By Donna Domino
Daily Journal Staff Writer
        Securities class action king Bill Lerach's firm, already under federal scrutiny in a kickback probe, must pay back nearly half of $5 million in attorney fees in a San Francisco securities case because a judge has decided the plaintiffs' lawyers were overpaid.
       &n...

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