And the former shareholders of Enron, who will receive $1.7 billion, according to a recently approved settlement distribution plan. The law firm Coughlin Stoia Geller Rudman & Robbins (you may note the missing Lerach, there) will collect $688 million for their role in running the massive class action. If you're keeping score, both of those numbers have set new records, for settlement size and attorney fees.

-- MDT

Labels: Bill Lerach, Coughlin Stoia, Enron, settlement

Coughlin Stoia Geller Rudman & Robbins is seeking to include foreign shareholders of the embattled Societe Generale in a class action suit against the bank, to be adjudicated in the U.S.

CSG&R is one of a number of firms that had been competing for to slot in the SocGen case. As of July 23rd, they won the day and will be act as lead counsel.

A Manhattan district court will ultimately decide whether foreign citizens can be included in the class, but CSR&G has had UK public relations firm, Byfield Consultancy to drum up publicity abroad.

Labels: Byfield Consultancy, class action, Coughlin Stoia, Societe Generale

Coughlin Stoia Geller Rudman & Robbins, the firm formerly headed by the now awaiting sentencing, Bill Lerach, is broadening its base. Well known for their shareholder class action cases, Coughlin Stoia has announced the creation of a new litigation group focusing on patents.

Details via The San Siego Tribune.

-- MDT

Labels: Bill Lerach, class action, Coughlin Stoia, Lerach, patents, securities

And does a better job at it than I would. But does the verdict truly mean that Enron is "dead" as so many have claimed?

Why yes... Well, maybe... Not exactly..? Ok ok...just read this.

UPDATE: Denied! With no comment from the high court.

-- MDT

Labels: Coughlin Stoia, Enron, FinancialWeek, Stoneridge, WSJ

The former partner at Milberg Weiss claims that the firm agreed to cover his legal bills subsequent to his guilty plea on the federal kickback case pending against the firm. Schulman has also sued Bill Lerach's former spin-off firm, Coughlin Stoia. More from Peter Lattman at the WSJ Lawblog.

-- MDT

Labels: Coughlin Stoia, kickbacks, Lerach, Milberg Weiss, Steven Schulman