"William Lerach Money"
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 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

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

New 'loser pays' standard could curb abusive lawsuits

The Wall Street Journal recently highlighted the case because this firm, formed by the now-disbarred and once-imprisoned William Lerach (who reaped billions from similar lawsuits) had rare Rule 11 san...
Posted: September 3, 2014, 3:02 pm

Lerach to Leave Law Firm As He Tries to End Probe

California plaintiff's lawyer William S. Lerach yesterday told his partners that he would resign this week to resolve a long-running criminal investigation into his tactics and business practices. Wit...
Posted: August 28, 2007, 5:00 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
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