“New York shareholder litigation powerhouse Milberg Weiss
Bershad Hynes & Lerach llp is likely to be lead counsel in the
lawsuits against VA Linux Systems Inc. and underwriter Credit
Suisse First Boston.”
“April 19, U.S. District Court Judge Miriam Cedarbaum
consolidated the 18 lawsuits filed so far against VA Linux and
Credit Suisse and tentatively named Milberg Weiss as lead counsel
on the case. Melvyn Weiss, the firm’s co-founder and known as the
dean of the class-action securities plaintiff bar, will be lead
partner on the case. The lead counsel usually is awarded the
largest fees of all the law firms involved….”
“Previously, Milberg Weiss helped bring some high-profile fraud
cases, including the $800 million award the firm won in litigation
involving Michael Milken. In the past couple of years, Weiss and
his firm played a role in negotiating a billion-dollar settlement
for survivors of the Nazi Holocaust.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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