When he was on top of the world, flamboyant class-action plaintiffs lawyer William S. Lerach made more than $100 million during the 1990s for himself and even more for his now-disgraced firm, Milberg Weiss.

Silicon Valley tech executives shuddered and Fortune 500 chief executive officers reached for their checkbooks at the mere mention of being “Lerached.” At one point, Lerach boasted that he had won more than $4 billion in damages for shareholders in 400 class-action securities suits.

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