Weiss pleaded guilty to a racketeering conspiracy charge in April as part of an agreement with prosecutors. Contending that Weiss had orchestrated the scheme, prosecutors had sought a 33-month sentence. Weiss and his attorneys asked for a reduced prison term, citing his age and contributions inside and outside courtrooms. Authorities said the law firm made [...]
Continue Reading...Weiss, who pleaded guilty to one count of racketeering conspiracy, is scheduled to be sentenced on June 2. In a binding plea agreement reached earlier this year, Weiss agreed to
pay about $10 million in fines and forfeiture and serve 18 to 33 months
in prison. In court papers, Weiss’ lawyers, Benjamin Brafman, of Brafman &
Associates, paints [...]
William Lerach, Weiss’ former law partner, recently checked into the federal prison at Lompoc, California, to begin serving 24 monthsthe maximum time allowed under his plea agreement for his part in the conspiracy. Weiss, by contrast, has expressed nothing but shame since pleading guilty on March 20. The voluminous materials filed by Weiss’ defense team [...]
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