Released on = April 27, 2007, 10:57 pm

Press Release Author = Theodore A. Bechtold, Esq.

Industry = Law

Press Release Summary = Conflicts and distractions created by the indictment,
expanding investigation and criminal trial demonstrate the inability of Milberg
Weiss to provide fair and adequate representation to Class members

Press Release Body = Theodore A. Bechtold Esq. has been working to have the Federal
Court remove Milberg Weiss and Bershad from the IPO Securities Litigation. The
conflicts and distractions which justify the removal of the firm from those 309
cases are clearly relevant to the evaluation of Milberg Weiss and Bershad's ability
to provide fair and adequate representation to Class members in each of the dozens
of cases they remain in control of. In each case where Milberg Weiss and Bershad
serves as lead counsel the racketeering indictment of the firm and its partners,
upcoming criminal trial of the century and actual and potential conflicts of
interest raise legal and ethical questions which could result in the firms
disqualification and removal as lead counsel.

Class members in cases where Milberg Weiss and Bershad is lead counsel have a right
to ask the Court to appoint new lead counsel if they are not satisfied with the
representation provided by the firm or simply don't want an indicted law firm
running their case. While the response of any particular Court to any specific
request by one or more Class members is always uncertain, Class members are legally
entitled to ask for and receive fair and adequate legal representation.

The ongoing distraction and continuing conflicts resulting from the indictment and
upcoming high profile criminal trial of the firm and its partners create a situation
where Courts may be ready to decide that fair and adequate representation by Milberg
Weiss and Bershad is just not possible under the present circumstances. The only
thing required to provide each Court with an opportunity to make this important
decision is for at least one Class member in each case to step forward and ask the
question. Any Class member can fulfill this important role regardless of whether
they lost one dollar or one million dollars.

Almost one year after Milberg Weiss and Bershad and its partners were indicted as
racketeers the firm remains in control of dozens of cases with a responsibility to
exercise fiduciary duties on behalf of millions of class members. During this time
Milberg Weiss and Bershad has directed Supreme Court appeals that will have great
effect on the future of plaintiff rights in all securities litigation. A criminal
trial of Milberg Weiss and Bershad and its partners will surely be followed by an
exhaustive appeal process, providing no foreseeable end to the distraction of
ongoing criminal proceedings. The fundamental importance of the presumption of
innocence for criminal defendants does not create a right for conflicted, indicted
lawyers to remain as class counsel. Lead counsel authorized by Federal Courts to
represent the investing public should not involve such monumental distractions and
disqualifying conflicts.

Class members in any case where Milberg Weiss and Bershad serves as lead counsel are
encouraged to contact Theodore A. Bechtold, Esq. to discuss your legal rights. You
may retain Theodore A. Bechtold, Esq. or any attorney you choose to act as your
lawyer in these cases. Please contact us by phone or e-mail and visit the
saveourstockmarket website for information about other somewhat related topics.

About Us

Save Our Stockmarket was started by Theodore A. Bechtold Esq. in response to the
compelling tale of SEC malfeasance provided to the American public by Gary J.
Aguirre. After 10 years as a licensed attorney this historic confrontation made
clear that Officers of the Court had a duty to publicly confront the ongoing
systematic high level abuse of the legal process. Theodore A. Bechtold Esq.
resigned as Staff Counsel of the American Stock Exchange in 1997 after experiencing
extraordinary dereliction of duty by Exchange regulatory counsel. His other legal
experiences include representing policyholders against a large insurance company
pursuant to a highly publicized class action settlement and over two years leading a
team of lawyers working on the IPO Securities Litigation. Current clients include
class members in over 70 offerings intervening to remove Milberg Weiss from the IPO
Securities Litigation, objecting to their attempted settlement with issuers and
investigating lead plaintiffs and possible claims of fraud on the Court. There is
also a pending wrongful termination suit against the IPO Executive Committee for his
discharge in 2005 as an attorney on the case.


Web Site = http://saveourstockmarket.com

Contact Details = 310 94th Street
Brooklyn, New York 11209
Phone 347 668-4218
E Mail tabechtold@saveourstockmarket.com