Appearing Monday in federal court, Milberg Weiss co-founder Melvyn I. Weiss pleaded not guilty to charges that he orchestrated a conspiracy to pay kickbacks to individual plaintiffs in securities class actions. While Weiss has pledged to clear his name, one of his few remaining co-defendants prepared to plead guilty. Lawyers for Seymour Lazar, one of the individual plaintiffs who allegedly received kickbacks from Milberg Weiss, said Monday their client had reached an agreement with prosecutors.
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