William Lerach
William Lerach
William "Bill" Shannon Lerachis a disbarred lawyer who specialized in private securities class action lawsuits. The $7.12 billion he obtained as the lead plaintiff's attorney in the case against Enron is currently the largest sum ever recovered in a group of securities class-action lawsuits in U.S. history. In 2007 he pleaded guilty to obstruction of justice and was sentenced to two years imprisonment. In 2009 he was disbarred from practicing law in California. As part of the settlement, Lerach would...
billions books books-and-reading cooked direct dollars employees enron executives investors lay lost millions thousands top victimized
Let's be direct here. These books were cooked by Lay and the other top executives who put hundreds of millions of dollars in their pockets, while the employees of Enron were victimized and hundreds of thousands of other investors lost billions of dollars.
anticipate certainly large several
I certainly anticipate that we would see several other large settlements.
maximize recovery whatever
They feel they want to maximize whatever recovery they can.
banks goes message pay sends serious settled settling soon time
It sends a very serious message to those banks that have not yet settled that they better get about settling soon or they are going to pay more and more as time goes by,
matter money successful
Unfortunately, not matter how successful we are, we will never get all of the money back,