Report: Feds Not Charging Mel Weiss, Bill Lerach, But Law Firm Could Be Indicted

Citing people close to the investigation, the New York Times is reporting that the Justice Department is expected to end its five-year investigation into the tactics used in shareholders lawsuits by the famed class-action lawyers William Lerach and Melvyn Weiss. According to the NYT, the DOJ will bring no charges against either lawyer.