Breaking News: Mel Weiss Gets 30 Months in Prison

The following was reported by the WSJ’s Rhonda Rundle in Los Angeles and Nathan Koppel in New York. This just in: Melvyn Weiss, the plaintiffs’ lawyer who pioneered a controversial and lucrative area of law suing corporations on behalf of shareholders, was sentenced today in federal court in Los Angeles to 30 months in prison. [...]