Bruce Carton at Securities Litigation Watch has thoughts on this subject, and responds here to the going debate between Milberg's counsel, William Taylor of Zuckerman Spaeder and professor John C. Coffee of Columbia Law School. Coffee authored a recent editorial in the National Law Journal critical of Milberg, which touched off the tete-a-tete.

All of the above should be required reading for those of you following the years long Milberg's investigation.

-- MDT

Labels: Milberg Weiss