University of Pittsburgh
May 5, 2003

Leading Securities Lawyer William Lerach To Speak at Pitt School of Law Commencement May 24

Contact:  412-624-4147

PITTSBURGH—William S. Lerach, one of the leading securities lawyers in the United States and a partner in Milberg Weiss Bershad Hynes & Lerach LLP in San Diego, Calif., will deliver the keynote address at the University of Pittsburgh School of Law's commencement ceremony at 11 a.m. May 24 at Soldiers and Sailors Memorial Hall, Fifth Avenue and Bigelow Boulevard, in Oakland.

Lerach is known for leading class action lawsuits against large corporations with questionable practices. Lerach is credited with going after jailed junk bond king Michael Milken and Charles Keating's Lincoln Savings and Loan, which paid $250 million to settle a lawsuit.

A 1970 graduate of Pitt's law school, Lerach is a member of the American Bar Association Litigation Section's Committee on Class Actions and Derivative Skills. He has been involved in many of the largest and highest-profile securities class action and corporate derivative lawsuits in recent years, including those filed against Enron, Dynegy, Qwest, and WorldCom.

Lerach is listed in the Best Lawyers in America and is a Master of the American Inns of Court. He has served as president of the National Association of Securities and Commercial Lawyers, a national group of attorneys specializing in commercial and securities litigation.

A member of the editorial board of Class Action Reports, Lerach frequently lectures on class and derivative actions, accountants' liability, and attorneys' fees. He has lectured at Stanford University, the University of California at Los Angeles and University of California at San Diego, San Diego State University, Pitt, the Council of Institutional Investors, and the International Corporate Governance Network. He also is a member of the American Law Institute faculty on federal and state class action litigation.

Lerach has testified before federal and state legislative committees concerning corporate governance and securities matters and is frequently quoted in the national media regarding corporate issues. He is the author of numerous articles and op-ed pieces.

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5/6/03kwh