MILBERG WEISS INVESTIGATION ROLLS ON . . . From The Recorder via Law.com: "Grand Jury Busy in Milberg Weiss Probe," by Justin Scheck--
Federal prosecutors have taken a couple of strides forward in the investigation of former plaintiff firm Milberg Weiss and its star securities lawyer, William Lerach.
Last week, a Los Angeles grand jury heard testimony from Melvyn Kinder, a Beverly Hills psychologist and author of "Smart Women/Foolish Choices." Kinder served as a lead plaintiff for Milberg Weiss in securities suits in the 1990s. Kinder and his attorney, Peter Morris, declined to discuss his testimony.
According to the article, the grand jury was also scheduled to hear from "accountants from Milberg's New York office." Some are speculating that "the stepped-up grand jury activity may indicate that an indictment of Milberg Weiss or Lerach is imminent."