Spitzer campaign to return $124,455 from Milberg
NEW YORK (Reuters) – New York Attorney General Eliot
Spitzer will return $124,455 in contributions he received for
the governor’s race from lawyers at Milberg Weiss, the law firm
that was accused last week of paying kickbacks to clients, a
spokeswoman for his campaign said on Monday.
“The campaign has strict standards when it comes to who it
accepts money from. Clearly this was an instance where the
money should be returned,” said spokeswoman Christine Anderson.
Milberg Weiss Bershad & Schulman LLP, the most prominent
class-action securities law firm, was indicted last week by a
grand jury on charges of fraud and conspiracy related to an
alleged kickback scheme. The law firm has denied the charges.
Spitzer, a Democrat who has built a name railing against
sweetheart deals on Wall Street and ethical lapses in Corporate
America, has a campaign war chest of $19 million, Anderson
The governor’s race takes place on general election day on
November 7, and the primary is on September 12.