The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]

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9/19/2007
Lerach in Wired Circa 1996 and Update on Sentencing
Via an article entitled Bloodsucking Scumbag written by Karen Donovan of the National Law Journal. Lets call this:

Lerach: A Negative View

An interesting blast from the past and definitely a piece for those who view his current travails as comuppance.

And in case you missed it late yesterday, Lerach's statement regarding his guilty plea:

"I have always fought for my clients aggressively and vigorously in order to hold powerful corporations responsible when their actions harmed people. However, I regrettably crossed a line and pushed too far. For my actions, I apologize and accept full responsibility for my conduct."

I should also note that in addition to the $8 million (Ok, $7.8 million) mentioned yesterday as part of the settlement is a straight forfeiture. There is also a $250,000 fine. Most notably, Lerach's settlement in no way obligates him to cooperate with authorities in their investigation

-- MDT

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