"William Lerach bio"
William Lerach
William Lerach Net Worth is $900 Million. William Shannon Lerach was an American lawyer, with a net worth of $900 million. William Lerach has earned his net worth from specializing in class action lawsuits, in the case against Enron he obtained larg. William Shannon Lerach (Bill...

William Lerach Net Worth is $900 Million.

William Lerach Net Worth is $900 Million. William Shannon Lerach was an American lawyer, with a net worth of $900 million. William Lerach has earned his net worth from specializing in class action lawsuits, in the case against Enron he obtained larg William Shannon Lerach was an American lawyer who specialized in class action lawsuits before pleading guilty to obstruction of justice charges in 2007. He was appointed by President Clinton to the U.S. Holocaust Memorial Council in 1998. The $7.12 billion he obtained in the case against Enron is currently the largest sum ever recovered in a group of securities class-action lawsuits in U.S. history. About 75% of the class action suits filed and led by Lerach involved insider trading, stock fraud and stock manipulation. Over the course of his legal career, Lerach recovered approximately $45 billion on behalf of defrauded shareholders. Lerach pled guilty to one count of obstruction of justice and began a two year prison sentence in 2007. He was disbarred in 2009. Lerach was a major Democratic donor for many years. His case and sentencing were presided over by US District Court Judge John F. Walter, nominated ...
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William Lerach Latest News

Unsettling Days for King of Class Actions

Ironically, that could make him even wealthier and more powerful than before. If so, it wouldn't be the first time that William S. Lerach slipped a lasso meant to catch him. His firm's fat book of business is also sweet revenge on members of Congress and ...
Posted: July 22, 2006, 5:00 pm

Lerach Gets Two Years In Prison for Kickbacks

William S. Lerach, who won billions of dollars for defrauded investors in class-action cases, was sentenced yesterday to two years in prison, ending up on the wrong end of the justice system after a legendary legal career. The prominent California ...
Posted: February 11, 2008, 4:00 pm

Enron plaintiff lawyer guilty of kickbacks

William Lerach, 61, whose high-profile legal victories include a $7 billion judgment against now-defunct energy giant Enron Corp., entered his plea to one count of conspiracy to obstruct justice and make false statements. Under the plea deal, he also ...
Posted: October 29, 2007, 5:27 pm

Who are the world's richest practicing lawyers? Some on the list went to prison

No. 3 is Wichai Thongtang, described as a powerful lawyer in Thailand who is worth $1.1 billion. No. 4 is another disbarred lawyer, William Lerach, who pleaded guilty to paying kickbacks to lead plaintiffs in class actions. Money Inc. says he is worth $900 ...
Posted: June 30, 2016, 5:43 am

Founder of firm suing Trump U a felon

William Lerach, best known for winning more than $7 billion in legal settlements of a class action suit he brought against Enron, was found guilty in 2007 of a kickback scheme in which he his firm used intermediaries to pay clients with large stock ...
Posted: December 20, 2007, 4:00 pm
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