Court Rejects Billionaire's Bid to Obtain Milberg Weiss Work Product
A Manhattan appeals court has rejected a billionaire investor's bid to obtain the work product of three plaintiffs firms, led by Milberg Weiss, which he claims settled a class action against software maker CA Inc., for too little. Sam Wyly, a major CA shareholder, had sought internal documents from Milberg Weiss; Stull, Stull & Brody; and Schiffrin Barroway Topaz & Kessler to support his claims that the 2003 settlement they negotiated, valued at $134 million, failed to adequately account for fraud at CA, which ultimately landed top executives -- including CEO Sanjay Kumar and general counsel Steven Woghin -- in jail.
Court Rejects Billionaire's Bid to Obtain Milberg Weiss Work Product law.com Fri, Dec 28, 2007