Statement by Attorney for Melvyn I. Weiss Following Plea Hearing in the Central District of Los Angeles, California

NEW YORK, April 2, 2008 /PRNewswire-USNewswire/ -- Benjamin Brafman, the attorney representing Melvyn I. Weiss, today announced that Mr. Weiss has entered a guilty plea and accepted responsibility for his limited participation in a criminal Conspiracy relating to allegations that he and other former Milberg Weiss attorneys agreed to share part of the firm's fees with certain individuals who were Plaintiffs in several of the thousands of Class Action lawsuits filed by the firm during its 40 year history.

According to Brafman, Mr. Weiss deeply regrets his conduct and has formally apologized to all those who have been affected by it. Brafman stressed that he is hopeful the Court will consider at sentence, that despite his participation in the criminal conduct he has today acknowledged, Mel Weiss is nevertheless one of the true legal giants of his generation and a consummate humanitarian whose contributions to the Bar and the world community have been nothing short of spectacular.

For Further Information Contact:
Benjamin Brafman, Esq.
Brafman & Associates, P.C.
767 Third Avenue, 26th Floor
New York, New York 10017
Tel (212) 750-7800
Fax (212) 750-3906
E-mail: BBrafman@braflaw.com

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Source: Brafman & Associates, P.C.

CONTACT: Benjamin Brafman, Esq. of Brafman & Associates, P.C.,
+1-212-750-7800, fax: +1-212-750-3906, BBrafman@braflaw.com


2008-04-02 16:57:43 0326878 PRNEWSWIRE

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