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Milberg Accused of Conspiring with Expert Witness in Securities Fraud Case, Sued for $54 Million

March 25, 2009

A Minnesota casino company settled a securities class action in 2000 after Milberg's expert witness estimated damages against it to be $165 million. But now the company claims Milberg's expert was working on contingency and had a strong incentive to inflate his damages estimate. The casino wants its money back, plus treble damages.

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