LAWFUEL- The Law News Wire – Plaintiff lawyer William S. Lerach, who h…

LAWFUEL- The Law News Wire – Plaintiff lawyer William S. Lerach, who has brought scores of cases on behalf of defrauded shareholders, has told clients and others that he is leaving the California law firm he started three years ago, according to two people briefed on the issue, the Washington Post reports.

Over the course of his lengthy career, Lerach has sued companies such as as AOL and WorldCom. He collected more than $7.3 billion for victims of Enron’s collapse in 2001. He also fended off bitter complaints from industry and drew scrutiny from federal prosecutors examining whether his firm improperly kicked back money to plaintiffs in exchange for their help in filing lawsuits.

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