Political scandals surrounding the Democratic Party of Japan [DPJ], and its inability to deliver on campaign promises, could bring an abrupt end to the new era of hope and change the DPJ promised to bring about.

We rarely think about the sheer magnitude of power in the hands of government attorneys.

Milberg Weiss Bershad & Schulman and a spinoff firm led by William Lerach dominated securities class actions over the last twenty years. But in 2006 and 2007, prosecutors indicted the Milberg firm, Lerach, Mel Weiss, David Bershad, and Steven Schulman for paying kickbacks to “class representative” plaintiffs, who were supposed...

Introduction

In the late 1990s, the lawyers at Milberg Weiss Bershad Hynes & Lerach were the undisputed kings of securities fraud class actions. Melvyn Weiss, the dean of the securities class action bar and a co-founder of the firm, ran its New York office. Bill Lerach, frequently described as the most...

Media Inquiries: Sara Hunekesara.huneke@aei.org; 202.862.4870

FOR IMMEDIATE RELEASE: May 30, 2008

Yesterday, the AEI Legal Center for the Public Interest released an important new empirical study with implications for the...

This Brieflyreviews therole of deferred prosecution agreements in corporate criminal investigations.

American assistance programs aimed at helping Yemen build and maintain counterterrorism forces will not suffice in the face of a real and growing al Qaeda-affiliated insurgency.