Lerach Is Back (Or at Least Out)

Lerach. Is Back.

Say it slowly and it (a) sounds dramatic and (b) rhymes. Actually, though, Bill Lerach is not really “back.” He has been disbarred following his felony conviction in connection with a class action kickback scheme and is most definitely in “early retirement,” as he puts it.

But if Lerach is not back, he is at least a free man, out of federal custody. Full details are available in this post on my Enforcement Action blog over at Compliance Week.