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Prosecutors ask for 33 months in jail for Weiss

May 24 2008, 06:21 AM
1 Federal prosecutors on Friday recommended Melvyn Weiss, the long-reigning king of multibillion-dollar U.S. class action litigation, spend no more than 33 months in jail for paying secret kickbacks to clients.

Weiss, 72, pleaded guilty to a single federal racketeering charge in April. He has also agreed to pay $10 million in fines and forfeiture.

Read more at uk.reuters.com

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