Second Circuit Blocks Investors' Suit Against Mel Weiss and Co-Counsel in Computer Associates Class Action

, The Litigation Daily

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The billionaire Sam Wyly and his lawyers at Bickel & Brewer have long campaigned against a $143 million class settlement that Computer Associates International reached with its shareholders in 2003, in the wake of a massive accounting scandal. Their primary targets have been the plaintiffs lawyers that secured the deal, including the infamous Melvyn Weiss, formerly of the firm now known as Milberg. But Wyly's claims that the plaintiffs firms bungled the case keep missing their mark.

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