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Reuters: Class action king Weiss to plead guilty

Started by NaDiNe, March 20, 2008, 09:01:14 PM

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NaDiNe

Class action king Weiss to plead guilty
      


LOS ANGELES (Reuters) - Melvyn Weiss, the long-reigning king of multibillion-dollar U.S. class action litigation, has agreed to plead guilty to a federal racketeering charge in a case accusing his firm of paying secret kickbacks to plaintiffs, his lawyer said on Thursday.
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