Replies to post #28324 on Wave Systems Corp. (fka WAVXQ)

[Vacationhouse]

88 Carrera,Bet we'd get more people!LOL!eom/VH2

[november 4th]

88, no. But can't help but think a summary judgement will kill this.

[Burpzilla]

Looks like a competent firm.


About Milberg Weiss

With 35 years of experience litigating complex securities actions on behalf of institutional and individual clients, Milberg Weiss is the nation's largest plaintiff's contingency fee-based law firm and has been responsible for more than $30 billion in aggregate recoveries. Milberg Weiss has the strength of more than 200 attorneys and a support staff of more than 250, which includes over two dozen forensic accountants, investigators and damage analysts. To best serve its national client base, Milberg Weiss maintains offices in New York, San Diego, San Francisco, Los Angeles, Philadelphia, Seattle and Boca Raton.

Consistent with Milberg Weiss' stature, the firm is well-capitalized, allowing it to dedicate considerable resources and to advance expenses in contingent class action cases to the fullest extent necessary to achieve the best possible result for class members. The firm has grown internally (and not through acquisitions of other firms) through years of success and reinvestment. No other firm in the country representing plaintiffs in class action securities litigation has the staff depth -- attorneys, forensic accountants, investigators and paralegals -- offered by Milberg Weiss. Significantly, as a result of Milberg Weiss' long and successful track record and strong capitalization, the firm enjoys a unique level of respect in the defense bar and D&O insurance carriers, which provides it with exceptional negotiating strength and credibility. Defendants' counsel expect a vigorous prosecution from Milberg Weiss in all of its class action litigations, including the very real threat of trial. Indeed, as the examples below demonstrate, some of the firm's largest class action recoveries have occurred shortly before or at trial.

Milberg Weiss is uniquely well qualified to prosecute claims alleging financial and accounting fraud. Milberg Weiss tried the first accounting fraud class action under the federal securities laws over 30 years ago. Since then, Milberg Weiss has spearheaded the prosecution of thousands of securities fraud cases which have resulted in the recovery of billions of dollars for defrauded investors, including the Drexel Burnham/Michael Milken Litigation where Milberg Weiss put together settlements in excess of $2 billion; the Washington Public Power Supply System Securities Litigation, where Milberg Weiss took the case to trial, and in the process, negotiated a series of settlements eventually totaling in excess of $750 million for defrauded bondholders; the American Continental/Lincoln Savings Litigation where, as co-lead and trial counsel, the firm obtained settlements in excess of $250 million and a jury verdict in excess of $1 billion against non-settling defendants; and the NASDAQ Market-Makers Antitrust Litigation, where the firm acted as one of the co-lead counsel against 37 major brokerage firms accused of price-fixing and obtained settlements in excess of $1 billion, among the largest recoveries ever obtained under the antitrust laws. Milberg Weiss has also been a pioneer in prosecuting major cases resulting in important decisions establishing legal precedents, strengthening investors' rights under the federal securities laws and state corporate laws.

In addition to the recoveries mentioned above, some of Milberg Weiss' other notable and substantial securities fraud recoveries include: 3Com Corp. ($259 million); Rite Aid Corp. ($200 million); MicroStrategy, Inc. ($155 million); Informix ($142 million); IKON Office Solutions, Inc. ($111 million); Sunbeam Corp. ($110 million); Aetna Inc. ($82.5 million); MTC Electronic Technologies ($70 million); National Health Labs ($64 million); U.S. Financial ($60 million recovery); National Medical Enterprises ($60 million); Sensormatic Electronics Corp. ($53.5 million); America Online ($35 million); Wickes ($35 million recovery); Oak Industries ($35 million recovery); U.S. Surgical ($25.5 million), and many others. All of these recoveries were obtained after extensive discovery and after defendants' counsel understood that Milberg Weiss was fully prepared for trial.

http://www.milberg.com/mil-cgi-bin/mil?templ=about-milberg.html

[lugan]

Re: Can we file a class action lawsuit against Milberg Weiss??

I 2nd that.