Lerach Coughlin Stoia & Robbins LLP Joined By Geller Rudman PLLC

Leading Law Firm Representing Investors

Strengthens Forces, Adds Three New Offices

Jun 10, 2004, 01:00 ET from Lerach Coughlin Stoia & Robbins LLP

    SAN DIEGO, June 10 /PRNewswire/ -- The leading national law firm
 representing investors and consumers in class action litigations today
 announced a premier boutique firm with similar specialties will be joining it.
     William S. Lerach announced that Lerach Coughlin Stoia & Robbins LLP would
 be joined by the lawyers of Geller Rudman PLLC. Both firms specialize in class
 action and individual cases on behalf of shareholders and institutional
 investors, as well as consumers, in pursuit of financial recoveries and
 corporate governance changes to protect against abuses by company management.
     The firms also are involved in nationwide litigation relating to
 fraudulent life, health and auto insurance company practices and numerous
 anti-trust matters, including abusive practices by the major credit card
     William S. Lerach of Lerach Coughlin said, "We are delighted that Paul
 Geller, Sam Rudman and their colleagues will be joining us. We have worked
 with them for many years and know them to be lawyers of the highest quality.
 They are also great people."
     Geller stated, "We are thrilled to be joining the Lerach Coughlin
 powerhouse. Their achievements in representing stockholders and consumers are
 unrivaled and we look forward to working with them."  Rudman, who previously
 worked with the Lerach Coughlin partners in a predecessor firm, said he was
 delighted to be rejoining them.
     Effective August 1, 2004, the firm will be known as Lerach Coughlin Stoia
 Geller Rudman & Robbins LLP.  It will have approximately 140 lawyers.  It will
 be responsible for prosecuting several of the largest and most high-profile
 securities class action suits in the United States, including the Enron,
 HealthSouth, Qwest, Vivendi, Dynegy, New York Stock Exchange Specialists,
 Cisco and AT&T cases, as well as private litigations on behalf of large
 institutional investors arising out of the WorldCom and AOL/Time Warner
     The firm also announced that in addition to the New York and Florida
 offices, they have also opened a new office in Seattle, WA.  These three
 offices now provide Lerach Coughlin with offices throughout the United States
 -- San Diego, Los Angeles, San Francisco, CA; New York City; Houston, TX;
 Washington, DC, Philadelphia, PA; Seattle and Boca Raton, FL.  The firm
 represents more public and Taft-Harley funds and other institutional investors
 than any other securities litigation firm in the United States.
     Recent studies by Securities Class Action Services (SCAS) confirm that the
 Lerach Coughlin (as part of its predecessor firm Milberg Weiss Bershad Hynes &
 Lerach LLP), is by far the leading firm in securing recoveries for defrauded
 investors in the United States. According to SCAS, the Lerach Coughlin/Milberg
 Weiss firms achieved over $2 billion in 65 recoveries during 2003, achieving
 an average settlement of $32.4 million, the largest among the top five
 securities class action firms. Over the past 25 years, the firm has recovered
 over $40 billion for victimized shareholders.
     The firm also has successfully stopped national and global life insurance
 companies from using fraudulent and improper tactics to sell life insurance
 policies and annuities and recouped losses for victimized buyers. Lerach
 Coughlin's antitrust practice has weighed in on behalf of victims of price-
 fixing and price discrimination practices. And Lerach Coughlin consumer
 attorneys represent plaintiffs in diverse cases involving cellphone
 termination fees, fraudulent healthcare charges, unfair practices in the
 residential mortgage business and false advertising claims.

SOURCE Lerach Coughlin Stoia & Robbins LLP