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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

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 l...
Posted: February 11, 2008, 4:00 pm

KKR, Blackstone sued by Lerach Group over hedge-fund returns

The lawsuit was filed on behalf of state taxpayers and the Kentucky Retirement Systems’ pension plans by a group whose lawyers are advised by William Lerach, a now-disgraced, former class-action lawye...
Posted: December 27, 2017, 8:13 pm

KKR, Blackstone face demand to reveal secrets in black box suit

The move seems to be a warning that lawyers supported by former class-action kingpin William Lerach intend to use hardball tactics in a legal fight with KKR & Co., Blackstone Group and their founders. ...
Posted: January 17, 2018, 6:25 pm

Is Teaching at Law School a Form of Community Service? Bill Lerach Thinks So

There is certainly an argument that law professors who aren’t part of the solution are part of the problem. But the notorious William Lerach, the securities plaintiffs’ lawyer turned convicted felon, ...
Posted: August 8, 2010, 5:00 pm

Lerach Is Sentenced to 2 Years in Prison

William Lerach, a former partner at a prestigious New York law firm, was sentenced Monday to two years in federal prison for his role in a lucrative kickback scheme involving class-action lawsuits aga...
Posted: February 11, 2008, 7:11 am
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