He once ranked among the most feared members of the legal profession. Now he's about to become a jailbird.
The disgraced attorney Bill Lerach on Monday was sentenced to two years in prison for his involvement in a kickback scheme involving class action lawsuits. As part of the deal, he agreed to forfeit $7.75 million in unlawful gains.
So closes the books on one of the more controversial bit players in Silicon Valley's history--at least in this incarnation. Americans love second acts, so who knows? Maybe after getting out of stir, Lerach will reinvent himself. But I'… Read more