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William “Bill” Shannon Lerach (created March 14, 1946, Ohio River Valley, Midwestern United States) is a former attorney who specialized in private securities class action lawsuits. The $7.12 billion he got as the lead plaintiff’s lawyer in the case against Enron is now the largest amount ever regained in a group of securities class-action lawsuits in U.S. history. In 2009 he was disbarred from practicing law in California.
Lerach had turned his views on Halliburton and Cheney, the previous CEO. In Lerach’s suit against Halliburton, he claimed that Cheney had fled the business just ahead of the stock fall, finding recourse in the White House. The lawyer was ready to subpoena and demand public testimony in the vice president, and he doubted that Cheney could be capable of successfully hide behind a claim of executive privilege. Lerach’s on camera remarks were prominently featured in the Oscar-nominated 2006 documentary concerning the monumental fall of the 7th largest corporation in the U.S., “Enron: The Smartest Guys in the Room.” For a long time he was listed among the “Best Attorneys in The United States.”