Winnick's lawyer. (Wall Street West).Attorney Terry Christensen has been tapped by Global Crossing Ltd. founder and Chairman Gary Winnick Gary Winnick was a founder of Global Crossing Limited, a telecommunications company providing worldwide computer networking services. He was CEO from the company's inception, 1997, until 2002. to fight off dozens of shareholder lawsuits filed against the telecom executive. Christensen, nameplate partner at Westside-based Christensen Miller Fink Jacobs Glaser Weil & Shapiro, anticipates the "60 to 70" shareholder lawsuits against Winnick will ultimately be consolidated into one by a federal panel known as the multi-district litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. panel. More than a dozen suits have been filed by San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. shareholder plaintiff firm Milberg Weiss Founded in 1965 by attorneys Larry Milberg and Melvyn I. Weiss, Milberg Weiss (formerly known as Milberg Weiss & Bershad LLP) is a U.S. plaintiffs' law firm. Based in New York City, it is widely known for representing investors in securities class actions. Bershad Hynes & Lerach LLP LLP - Lower Layer Protocol . Christensen gives William the flamboyant William Lerach a good chance of becoming lead plaintiff counsel, which could lead to a battle royale in federal court, possibly the Central District facility in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . Among Christensen's clients: Kirk Kerkorian, Robert Weingarten (founder of the old First Capital insurance company, which was seized by the State of California) and Ed Roski. Christensen pooh-poohed reports that Global Crossing, now in Chapter 11 bankruptcy, is not providing a legal umbrella to its founder. "Winnick has director's and officer's insurance; that's how officers are always covered," Christensen said. Last week, Christensen decried the "mob mentality" with which the press and public office holders are treating corporate executives, and asked for patience until "all the facts come out" on the Global Crossing case. "I want to see him get a fair shake," he said. "I look forward to giving him that fair shake in court." Contributing columnist Benjamin Mark Cole writes about the local investment community. He can be reached at sevencontinents@mindspring.com. |
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