“Lerach, feds spar over Wall St. woes class”

by Walter Olson on August 10, 2010

The disgraced class action king plans to teach an ethics-of-capitalism course at Irvine. Prosecutors wonder whether it’s really aimed at doing penance for his ethical failings, or instead will offer him a chance to blast away at his enemies while garnering “community service” credit. [Josh Gerstein, Politico; David Lat, Above the Law]

Update (sub-only NLJ via Ted at PoL): Judge John Walter denies Lerach’s request for the course credit and lambastes the unrepentant felon more generally:

“He misled and fooled the court into believing he had remorse at the time of his sentencing.” Walter said that he now believes the sentence was “way too lenient” and regretted having accepted Lerach’s plea deal.

(& welcome Bainbridge readers)

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08.10.10 at 8:05 am

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