Melvyn Weiss, the co-founder of plaintiff class action firm Milberg Weiss, died in his sleep on February 2 at the age of 82 as reported by ABA Journal. In 2008 Weiss and several others were convicted on racketeering charges for their roles in an alleged decades-long conspiracy in which serial plaintiffs were paid kickbacks out of the court-approved attorneys' fees for filing their shareholder lawsuits. Weiss was sentenced to thirty months in federal prison, and disbarred from practicing law. The firm also was indicted but avoided further prosecution after paying a $75 million fine and employing a compliance monitor for two years.
Apparently, Mel's last hurrah was investing $200,000 in gay publisher Multimedia Platforms which now is in bankruptcy proceedings as reported by South Florida Gay News.
Further reading that may be of interest: