Monday, May 7, 2007
Not-lanta News of the Weird
Posted by Chuck Shepherd on Mon, May 7, 2007 at 10:33 PM
Can’t Stop the Greed: The three Kentucky lawyers who won $200 million for their clients in a 2001 settlement with the manufacturer of the diet drug fen-phen and whose contract called for a maximum of one-third commission (about $67 million) actually took $59 million more than that, according to clients who testified before a federal grand jury in March, which is expected to indict the lawyers soon for fraud, according to a New York Times dispatch. The lawyers had explained that they were taking an extra $20 million because they had decided to create a “charity†and were simply entitled to the other $39 million because they had to work extra hard. The Kentucky Bar Association has suspended the lawyers.
© 2007 Chuck Shepherd
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