Securities Class Action Services

Transcription

1 Securities Class Action Services The SCAS 100 for Q The SCAS Top 100 s Quarterly Report identifies the largest securities class action settlements filed after the passage of the Private Securities Litigation Reform Act of 1995, ranked by the total value of the settlement fund. The Top 100 s Quarterly Report provides a wealth of information, including the settlement date, filing court, settlement fund, and identifies the key players for each settlement. The report, which is updated and circulated quarterly, is broken down into the following categories: Top 100 s Quarterly Report The Front Page provides the complete list of the Top 100 Securities Class Action s, ranked according to the Total, and provides information on the filing court, settlement year and settlement fund. The SCAS Top 100 does not include non-us cases and the SEC disgorgements. Cases with the same settlement amount are given the same ranking. For cases with multiple partial settlements, the amount indicated in the Total is put together by combining all partial settlements. The settlement year reflects the year the most recent settlement was approved by the Court. Cases in the Top 100 settlements are limited to those that have been filed on or after January 1, Only final settlements are included. Data on SEC settlements are not included, but rather compiled in a separate list The Top 30 SEC Disgorgements. Top 100 s from The Top 100 s from section provides a chart of the cases in the Top 100 s Quarterly Report, categorized by. The corresponds to the year the settlement, or the most recent partial settlement, received final approval from the Court. Institutional Lead Plaintiff Participation The Institutional Lead Plaintiff section displays the number of cases in the Top 100 involving Institutional Lead Plaintiffs and also identifies the institutional investors serving as Institutional Lead Plaintiff. Lead Counsel Participation The Lead Counsel Participation section lists the law firms that served as lead or co-lead counsel for each litigation in the Top 100 settlements and identifies the most frequent lead or co-lead counsel appearing in the Top 100.

2 Claims Administration The Claims Administration section lists the claims administrators who handled the Top 100 settlements and identifies the most frequent claims administrators in the Top 100. Restatements The Restatements section identifies the cases in the Top 100 involving accounting restatements, and shows the ratio of restatement cases to non-restatement cases in the Top 100. Top 30 SEC Disgorgements The Top 30 SEC Disgorgements section provides a list of the largest SEC settlements, ranked according to the Total. The Total reflects the sum of disgorgement and civil penalties in settlements reached with the SEC. The Top 30 SEC Disgorgements includes only those where the distribution plan has received final approval. Cases with the same settlement amount are given the same ranking.

3 Top 100 s Quarterly Report Rank Case Name Court Total 1 Enron Corp. S.D. Tex $7,242,000,000 2 WorldCom, Inc. S.D.N.Y $6,156,100,670 3 Cendant Corp. D. N.J $3,318,250,000 4 Tyco International, Ltd D. N.H $3,200,000,000 5 AOL Time Warner, Inc. S.D.N.Y $2,500,000,000 6 Nortel Networks Corp. I S.D.N.Y $1,142,775,308 7 Royal Ahold, N.V. D. Md $1,100,000,000 8 Nortel Networks Corp. II S.D.N.Y $1,074,265,298 9 McKesson HBOC Inc. N.D. Cal $1,042,500, UnitedHealth Group, Inc. D. Minn $925,500, HealthSouth Corp. N.D. Ala $804,500, Xerox Corp. D. Conn $750,000, Lucent Technologies, Inc. D. N.J $667,000, Countrywide Financial Corp. C.D. Cal $624,000, Cardinal Health, Inc. S.D. Ohio 2007 $600,000, IPO Securities Litigation S.D.N.Y $586,000, BankAmerica Corp. E.D. Mo $490,000, Merrill Lynch & Co., Inc. S.D.N.Y $475,000, Dynegy, Inc. S.D. Tex $474,050, Adelphia Communications Corp. S.D.N.Y $466,725, Raytheon Company D. Mass $460,000, Waste Management Inc. II S.D. Tex $457,000, Global Crossing, Ltd. S.D.N.Y $447,800, Qwest Communications International, Inc. D. Colo $445,000,000 Federal Home Loan Mortgage Corp. (Freddie 25 Mac) S.D.N.Y $410,000, Marsh & McLennan Companies, Inc. S.D.N.Y $400,000, Cendant Corp. (PRIDES) D. N.J $374,000, Refco, Inc. S.D.N.Y $358,300, Rite Aid Corp. E.D. Pa $319,580, Williams Companies, Inc. N.D. Okla $311,000,000

4 Rank Case Name Court Total 31 General Motors Corp. E.D. Mich $303,000, Bristol-Myers Squibb Co. S.D.N.Y $300,000, DaimlerChrysler AG D. Del $300,000, Oxford Health Plans Inc. S.D.N.Y $300,000, El Paso Corp. S.D. Tex $285,000, Tenet Healthcare Corp. C.D. Cal $281,500, Com Corp. N.D. Cal $259,000, Charles Schwab & Co., Inc. N.D. Cal $235,000, Comverse Technology, Inc. E.D.N.Y $225,000, Waste Management Inc. N.D. Ill $220,000, Sears, Roebuck & Co. N.D. Ill $215,000, The Mills Corp. E.D. Va $202,750, WellCare Health Plans, Inc. M.D. Fla $200,000, Kinder Morgan, Inc. Kansas District Court 2010 $200,000, CMS Energy Corp. E.D. Mich $200,000, Safety-Kleen Corp. (Bondholders) D. S.C $197,622, MicroStrategy, Inc. E.D. Va $192,500, Motorola, Inc. N.D. Ill $190,000, Bristol-Myers Squibb Co. D. N.J $185,000, Maxim Integrated Products, Inc. N.D. Cal $173,000, Juniper Networks, Inc. N.D. Cal $169,000, Schering-Plough Corp. D. N.J $165,000, Dollar General Corp. M.D. Tenn $162,000, Broadcom Corp. C.D. Cal $160,500, Brocade Communications Systems, Inc. N.D. Cal $160,098, Bennett Funding Group, Inc. S.D.N.Y $152,635, Satyam Computer Services, Ltd. S.D.N.Y $150,500,000 Merrill Lynch & Co., Inc. (Bonds or Preferred 58 Shares Offerings) S.D.N.Y $150,000, AT&T Wireless Tracking Stock S.D.N.Y $150,000, Broadcom Corp. C.D. Cal $150,000, TXU Corp. N.D. Tex $149,750, Sumitomo (Copper Trading) Corp. S.D.N.Y $149,250,000

5 Rank Case Name Court Total 63 Charter Communications, Inc. E.D. Mo $146,250, Sunbeam Corp. S.D. Fla $140,995, Biovail Corp. S.D.N.Y $138,000, The Coca-Cola Company N.D. Ga $137,500, Electronic Data Systems Corp. E.D. Tex $137,500, Informix Corp. N.D. Cal $136,500, Computer Associates International, Inc. E.D.N.Y $133,551, Doral Financial Corp. S.D.N.Y $130,000, Delphi Corp. E.D. Mich $128,350, Edward D. Jones & Co., L.P. E.D. Mo. / Missouri Circuit Court 2007 $127,500, Bristol-Myers Squibb Co. S.D.N.Y $125,000, New Century Financial Corp. C.D. Cal $124,827, Mattel, Inc. C.D. Cal $122,000, Lernout & Hauspie Speech Products N.V. D. Mass $120,520, Bank One Corp. (First Chicago NBD) N.D. Ill $120,000, Deutsche Telekom AG S.D.N.Y $120,000, Conseco, Inc. S.D. Ind $120,000,000 Chicago Board of Trade (June 2005 Ten 80 Treasury Note Futures Contracts) N.D. Ill $118,750, Peregrine Systems, Inc. S.D. Cal $117,567, Mercury Interactive Corp. N.D. Cal $ 117,500, The Interpublic Group of Companies, Inc. S.D.N.Y $115,000, Ikon Office Solutions, Inc. E.D. Pa $111,000, CVS Corp. D. Mass $110,000, DPL Inc. (Federal Class ) S.D. Ohio 2003 $110,000, Homestore.com, Inc. C.D. Cal $107,421, Prison Realty Trust Inc. M.D. Tenn $104,129, Symbol Technologies, Inc. E.D.N.Y $102,000,000 Bernard L. Madoff Investment Securities LLC 90 (Tremont Funds/Rye Funds) S.D.N.Y $100,000, American Express Financial Advisors S.D.N.Y $100,000, AT&T Corp. D. N.J $100,000, Honeywell International, Inc. D. N.J $100,000,000

6 Rank Case Name Court Total 94 Cisco Systems, Inc. N.D. Cal $99,250, American International Group, Inc. S.D.N.Y $97,500, Fleming Companies, Inc. E.D. Tex $93,950, CIGNA Corp. E.D. Pa $93,000, Gemstar-TV Guide International, Inc. C.D. Cal $92,500, Boeing Co. W.D. Wash $92,500, OM Group, Inc. N.D. Ohio 2005 $92,400,000 *** " " for cases that include multiple settlements reflects the year the most recent settlement was approved by the Court. *** s that have the same amount are given the same ranking *** To be eligible for the Top 100 s, cases must have been filed after January 1, 1996, and the settlement must have received final approval from the Court.

7 Top 100 s from Cases

8 Institutional Lead Plaintiff Participation Institutional Lead Plaintiff No Institutional Lead Plaintiff

9 Institutional Lead Plaintiff Participation Cases Listed in Top 100 s Categorized by Total Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 1 Enron Corp. $ 7,242,000, Yes Regents of the University of California 2 3 WorldCom, Inc. $ 6,156,100, Yes Cendant Corp. $ 3,318,250, Yes New York State Common Retirement Fund California Public Employees' Retirement System New York State Common Retirement Fund New York City Pension Funds 4 Tyco International, Ltd. $ 3,200,000, Yes Louisiana State Employees Retirement System Plumbers & Pipefitters National Pension Fund Teachers' Retirement System of Louisiana United Association Office Employees Pension Plan United Association of Local Union Officers & Employees Pension United Association General Officers Pension Plan Voyageur Asset Management 5 AOL Time Warner, Inc. $ 2,500,000, Yes Minnesota State Board of Investment Nortel Networks Corp. I $ 1,142,775, Yes Royal Ahold, N.V. $ 1,100,000, Yes Nortel Networks Corp. II $ 1,074,265, Yes Ontario Public Service Employees Union Pension Plan Trust Fund Public Employees Retirement Association of Colorado Generic Trading of Philadelphia, LLC Ontario Teachers Pension Plan Board Department of the Treasury of the State of New Jersey and its Division of Investment McKesson HBOC Inc. $ 1,042,500, Yes New York State Common Retirement Fund

10 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 10 UnitedHealth Group, Inc. $ 925,500, Yes California Public Employees' Retirement System 11 HealthSouth Corp. $ 804,500, Yes Xerox Corp. (2000) $ 750,000, Yes Lucent Technologies, Inc. Countrywide Financial Corp. $ 667,000, Yes $ 624,000, Yes Cardinal Health, Inc. $ 600,000, Yes IPO Securities Litigation $ 586,000, Yes Central States, Southeast and Southwest Area Pension Fund Educational Retirement Board of New Mexico New Mexico State Investment Council Retirement Systems of Alabama Michigan Retirement Systems Louisiana State Employees Retirement System Employers-Teamsters Local 175 & 505 Pension Trust Fund Plan The Parnassus Fund The Parnassus Income Trust/Equity Fund New York City Board of Education Retirement System New York City Employees' Retirement System New York City Fire Department Pension Fund New York City Police Pension Fund Teachers' Retirement System of the City of New York Amalgamated Bank California Ironworkers Field Trust Funds New Mexico State Investment Council PACE Industry Union Management Pension Fund Collegeware USA Globe Corp. 17 BankAmerica Corp. $ 490,000, No - 18 Merrill Lynch & Co., Inc. $ 475,000, Yes State Teachers Retirement System of Ohio

11 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 19 Dynegy, Inc. $ 474,050, Yes 20 Adelphia Communications Corp. $ 466,725, Yes Regents of the University of California Eminence Capital, LLC Argent Classic Convertible Arbitrage Fund L.P. Argent Classic Convertible Arbitrage Fund (Bermuda) L.P. Argent Lowlev Convertible Arbitrage Fund Ltd. UBS O Connor LLC f/b/o UBS Global Equity Arbitrage Master Ltd. UBS O Connor LLC f/b/o UBS Global Convertible Portfolio 21 Raytheon Company $ 460,000, Yes New York State Common Retirement Fund 22 Waste Management Inc. II $ 457,000, Yes Connecticut Retirement Plans and Trust Funds Global Crossing, Ltd. $ 447,800, Yes Qwest Communications International, Inc. Federal Home Loan Mortgage Corp. (Freddie Mac) Marsh & McLennan Companies, Inc. $ 445,000, Yes $ 410,000, Yes $ 400,000, Yes Ohio Public Employees Retirement System State Teachers Retirement System of Ohio New England Healthcare Employees Pension Fund Ohio Public Employees Retirement System State Teachers Retirement System of Ohio Department of the Treasury of the State of New Jersey and its Division of Investment Ohio Bureau of Workers' Compensation Public Employees' Retirement System of Ohio State Teachers Retirement System of Ohio Cendant Corp. (PRIDES) $ 374,000, Yes Refco, Inc. $ 358,300, Yes Welch & Forbes, Inc. Pacific Investment Management Company LLC RH Capital Associates LLC

12 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 29 Rite Aid Corp. $ 319,580, No - 30 Williams Companies, Inc $ 311,000, Yes General Motors Corp. $ 303,000, Yes Bristol-Myers Squibb Co. $ 300,000, Yes DaimlerChrysler AG $ 300,000, Yes Oxford Health Plans, Inc. $ 300,000, Yes El Paso Corp. $ 285,000, Yes Tenet Healthcare Corp. $ 281,500, Yes Arkansas Teacher Retirement System Ontario Teachers Pension Plan Board Deka International S.A. Luxembourg Deka Investment GMBH Louisiana State Employees Retirement System Fresno County Employees' Retirement Assoc. Teachers' Retirement System of Louisiana General Retirement System of the City of Detroit Florida State Board of Administration Policemen's Annuity & Benefit Fund of Chicago Municipal Employees' Annuity & Benefit Fund of Chicago Denver Employees' Retirement Plan Colorado Public Employees' Retirement Association PBHG Funds, Inc. Jacksonville Police & Fire Pension Fund Oklahoma Firefighters Pension and Retirement System Department of the Treasury of the State of New Jersey and its Division of Investment Com Corp. $ 259,000, Yes Charles Schwab & Co., Inc. $ 235,000, No - Louisiana School Employees' Retirement System Louisiana Municipal Police Employees' Retirement System

13 Rank Case Name Total 39 Comverse Technology, Inc. Institutional Plaintiff $ 225,000, Yes Institutional Lead Plaintiff Menorah Insurance Co. Ltd. Mivtachim Pension Funds Ltd Waste Management Inc. I $ 220,000, Yes Sears, Roebuck & Co. $ 215,000, Yes Jackson Grosvenor, Ltd. Innovative Technologies Corp. RML Limited Group Department of the Treasury of the State of New Jersey and its Division of Investment The Mills Corp. $ 202,750, Yes WellCare Health Plans, Inc. $ 200,000, Yes Kinder Morgan, Inc. $ 200,000, No Iowa Public Employees' Retirement System Public Employees' Retirement System of Mississippi New Mexico State Investment Council Policemen's Annuity and Benefit Fund of Chicago Public Employees Retirement Association of New Mexico Teachers' Retirement System of Louisiana Public School Teachers' Pension & Retirement Fund of Chicago - 43 CMS Energy Corp. $ 200,000, Yes Andover Brokerage, LLC 46 Safety-Kleen Corp. (Bondholders) $ 197,622, Yes American High-Income Trust State Street Research Income Trust 47 MicroStrategy, Inc. $ 192,500, Yes Local 144 Nursing Home Pension Fund 48 Motorola, Inc. $ 190,000, Yes Department of the Treasury of the State of New Jersey and its Division of Investment 49 Bristol-Myers Squibb Co. $ 185,000, Yes Long View Collective Investment Fund of the Amalgamated Bank

14 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 50 Maxim Integrated Products, Inc. $ 173,000, Yes Mississippi Public Employees' Retirement System The Cobb County Government Employees' Pension Plan The Dekalb County Pension Plan 51 Juniper Networks, Inc. $ 169,000, Yes New York City Employees' Retirement System Teachers Retirement System of the City of New York New York City Fire Department Pension Fund New York City Police Pension Fund New York City Police Superior Officers' Variable Supplements Fund New York City Police Officers' Variable Supplements Fund New York City Fire Officers' Variable Supplements Fund New York City Firefighters Variable Supplements Fund New York City Teachers Retirement System of the City of New York Variable Annuity Program Schering-Plough Corp. $ 165,000, Yes Dollar General Corp. $ 162,000, Yes Florida State Board of Administration Teachers' Retirement System of Louisiana Florida State Board of Administration Broadcom Corp. $ 160,500, Yes Brocade Communications Systems, Inc. Bennett Funding Group, Inc. $ 160,098, Yes $ 152,635, No - New Mexico State Investment Council Arkansas Public Employees Retirement System

15 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 57 Satyam Computer Services, Ltd. $ 150,500, Mississippi Public Employees' Retirement System Mineworkers Pension Fund SKAGEN A/S Sampension KP Lifsforsikring A/S 58 Merrill Lynch & Co., Inc. (Bonds or Preferred Shares Offerings) $ 150,000, Yes Louisiana Municipal Police Employees' Retirement System Louisiana Sheriffs' Pension and Relief Fund AT&T Wireless Tracking Stock $ 150,000, Yes Broadcom Corp. $ 150,000, Yes Soft Drink and Brewery Workers Union Local 812 Retirement Fund Minnesota State Board of Investment TXU Corp. $ 149,750, Yes Sumitomo (Copper Trading) Corp. 63 Charter Communications, Inc $ 149,250, No - $ 146,250, Yes Sunbeam Corp. $ 140,995, Yes Biovail Corp. $ 138,000, Yes The Coca-Cola Company $ 137,500, Yes Plumbers & Pipefitters National Pension Fund Stoneridge Investment Partners CWA/ITU Negotiated Pension Plan Generic Trading Associates, LLC Smith Asset Management Local 282 Welfare Trust Fund Ontario Teachers' Pension Plan Board 1199 SEIU Greater New York Pension Fund (f/k/a Local 144 Nursing Home Pension Fund) Carpenters Health & Welfare Fund of Philadelphia & Vicinity 66 Electronic Data Systems Corp. $ 137,500, Yes Department of the Treasury of the State of New Jersey and its Division of Investment 68 Informix Corp. $ 136,500, Yes Gateway Partner LLC

16 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 69 Computer Associates International, Inc. 70 $ 133,551, Yes Doral Financial Corp. $ 130,000, Yes Employers-Teamsters Local 175 & 505 Pension Trust Fund Plan Local 144 Nursing Home Pension Fund West Virginia Investment Management Board 71 Delphi Corp. $ 128,350, Yes Mississippi Public Employees' Retirement System Raiffeisen Kapitalanlage- Gesellschaft Stichting Pensioenfonds ABP Teachers' Retirement System of Oklahoma 72 Edward D. Jones & Co., L.P. 73 Bristol-Myers Squibb Co. $ 127,500, No - $ 125,000, Yes Ontario Teachers' Pension Plan Board New Century Financial Corp. $ 124,827, Yes Mattel, Inc. $ 122,000, Yes New York State Teachers' Retirement System Birmingham Retirement & Relief Fund 76 Lernout & Hauspie Speech Products N.V. $ 120,520, No - 77 Bank One Corp. (First Chicago NBD) $ 120,000, No - 77 Deutsche Telekom AG $ 120,000, No - 77 Conseco, Inc. $ 120,000, Yes Anchorage Police & Fire Retirement System Louisiana State Firefighters' Retirement System 80 Chicago Board of Trade (June 2005 Ten Treasury Note Futures Contracts) $ 118,750, No - 81 Peregrine Systems, Inc. $ 117,567, No -

17 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 82 Mercury Interactive Corp. $ 117,500, Yes City of Sterling Heights General Employees Retirement System City of Dearborn Heights Police and Fire Retirement System Steamship Trade Association/International Longshoremen's Association Pension Fund Charter Township of Clinton Police & Fire Pension System 83 The Interpublic Group of Companies, Inc. $ 115,000, Yes Private Asset Management 84 Ikon Office Solutions, Inc. $ 111,000, Yes Philadelphia Board of Pensions & Retirement 85 CVS Corp. $ 110,000, Yes Plumbers & Pipefitters National Pension Fund 85 DPL Inc. (Federal Class ) $ 110,000, Yes The Buckeye Electric Company Retirement Plan Pipefitters Local 522 & 633 Pension Trust Fund 87 Homestore.com, Inc. $ 107,421, Yes California State Teachers' Retirement System 88 Prison Realty Trust Inc. $ 104,129, No - 89 Symbol Technologies, Inc. $ 102,000, Yes Louisiana Sheriffs' Pension and Relief Fund Louisiana Municipal Police Employees' Retirement System City of Miami General Employees' & Sanitation Employees Ret. Trust 90 Bernard L. Madoff Investment Securities LLC (Tremont Funds/Rye Funds) $ 100,000, Yes Group Defined Pension Plan & Trust 90 American Express Financial Advisors $ 100,000, No -

18 Rank Case Name Total Institutional Plaintiff Institutional Lead Plaintiff 90 AT&T Corp. $ 100,000, Yes New Hampshire Retirement System 90 Honeywell International, Inc. $ 100,000, Yes Local 144 Nursing Home Pension Fund City of Monroe Employees' Retirement System Jefferson State Bank 94 Cisco Systems, Inc. $ 99,250, Yes Carpenters Pension Fund of Illinois Central States, Southeast and Southwest Areas Pension Fund Plumbers & Pipefitters National Pension Fund 95 American International Group, Inc. $ 97,500, Yes Ohio Police and Fire Pension Fund Ohio Public Employees Retirement System State Teachers Retirement System of Ohio Fleming Companies, Inc. $ 93,950, Yes CIGNA Corp. $ 93,000, Yes Jackson Capital Management, LLC Pennsylvania State Employees Retirement System 98 Gemstar-TV Guide International, Inc. $ 92,500, Yes Teachers' Retirement System of Louisiana General Retirement System of the City of Detroit 98 Boeing Co. $ 92,500, No OM Group, Inc. $ 92,400, Yes Policemen & Firemen Retirement System of the City of Detroit

19 Lead Counsel Participation Barrack Rodos & Bacine Grant & Eisenhofer Labaton Sucharow Robbins Geller Rudman & Dowd** Milberg* Bernstein Litowitz Berger & Grossmann # of Cases * Includes 14 cases settled by Milberg Weiss Bershad Hynes & Lerach, 5 cases settled by Milberg Weiss Bershad & Schulman, 3 cases settled by Milberg Weiss & Bershad, 1 case settled by Milberg Weiss, and 3 cases settled by Milberg ** Includes 1 case settled by Lerach Coughlin Stoia & Robbins, 6 cases settled by Lerach Coughlin Stoia Geller Rudman & Robbins, 4 cases settled by Coughlin Stoia Geller Rudman & Robbins, and 3 cases settled by Robbins Geller Rudman & Dowd

20 Lead Counsel Participation Most Frequent Lead/Co-Lead Counsel in Top 100 s Case Name Total 1 Enron Corp. $ 7,242,000, WorldCom, Inc. $ 6,156,100, Cendant Corp. $ 3,318,250, Lead Counsel Coughlin Stoia Geller Rudman & Robbins Barrack Rodos & Bacine Barrack Rodos & Bacine 4 5 Tyco International, Ltd. $ 3,200,000, AOL Time Warner, Inc. $ 2,500,000, Grant & Eisenhofer Schiffrin Barroway Topaz & Kessler Milberg Weiss Heins Mills & Olson Nortel Networks Corp. I $ 1,142,775, Royal Ahold, N.V. $ 1,100,000, Nortel Networks Corp. II $ 1,074,265, McKesson HBOC Inc. $ 1,042,500, Milberg Weiss Bershad & Schulman Entwistle & Cappucci Barrack Rodos & Bacine UnitedHealth Group, Inc. $ 925,500, Coughlin Stoia Geller Rudman & Robbins 11 HealthSouth Corp. $ 804,500, Xerox Corp. $ 750,000, Lucent Technologies, Inc. $ 667,000, Countrywide Financial Corp. $ 624,000, Cunningham Bounds Labaton Sucharow Robbins Geller Rudman & Dowd Berman DeValerio Pease Tabacco Burt & Pucillo Johnson & Perkinson Milberg Milberg Weiss Bershad Hynes & Lerach Labaton Sucharow 15 Cardinal Health, Inc. $ 600,000, Lerach Coughlin Stoia Geller Rudman & Robbins

21 Case Name Total 16 IPO Securities Litigation $ 586,000, Lead Counsel Barroway Topaz Kessler Meltzer & Check Bernstein Liebhard Howard B. Sirota, Esq Milberg Stull Stull & Brody Wolf Haldenstein Adler Freeman & Herz BankAmerica Corp. $ 490,000, Merrill Lynch & Co., Inc. $ 475,000, Dynegy, Inc. $ 474,050, Abbey Gardy Chitwood & Harley Green Schaaf & Jacobson Stull Stull & Brody Barrack, Rodos & Bacine Berger & Montague Kaplan Fox & Kilsheimer Lerach Coughlin Stoia Geller Rudman & Robbins 20 Adelphia Communications Corp. $ 466,725, Abbey Spanier Rodd & Abrams Kirby McInerney Raytheon Company $ 460,000, Waste Management Inc. II $ 457,000, Global Crossing, Ltd. $ 447,800, Qwest Communications International, Inc. Federal Home Loan Mortgage Corp. (Freddie Mac) $ 445,000, $ 410,000, Milberg Weiss Bershad & Schulman Goodkind Labaton Rudoff & Sucharow Grant & Eisenhofer Coughlin Stoia Geller Rudman & Robbins Barrett & Weber Waite Schneider Bayless & Chesley 26 Marsh & McLennan Companies, Inc. $ 400,000, Bernstein Liebhard Grant & Eisenhofer 27 Cendant Corp. (PRIDES) $ 374,000, Kirby McInerney & Squire

22 Case Name Total 28 Refco, Inc. $ 358,300, Lead Counsel Grant & Eisenhofer Rite Aid Corp. $ 319,580, Williams Companies, Inc. $ 311,000, Berger & Montague Milberg Weiss Bershad Hynes & Lerach General Motors Corp. $ 303,000, Bristol-Myers Squibb Co. $ 300,000, DaimlerChrysler AG $ 300,000, Oxford Health Plans, Inc. $ 300,000, El Paso Corp. $ 285,000, Tenet Healthcare Corp. $ 281,500, Com Corp. $ 259,000, Grant & Eisenhofer Labaton Sucharow Berman DeValerio Pease Tabacco Burt & Pucillo Barrack Rodos & Bacine Entwistle & Cappucci Grant & Eisenhofer Milberg Weiss Bershad Hynes & Lerach Grant & Eisenhofer Chitwood & Harley Berman DeValerio Pease Tabacco Burt & Pucillo Labaton Sucharow & Rudoff Lite DePalma Greenberg & Rivas Schiffrin Barroway Topaz & Kessler Barrack Rodos & Bacine Kaplan Kilsheimer & Fox Milberg Weiss Bershad Hynes & Lerach 38 Charles Schwab & Co., Inc. $ 235,000, Hagens Berman Sobol Shapiro

23 Case Name Total 39 Comverse Technology, Inc. $ 225,000, Lead Counsel Pomerantz Haudek Grossman & Gross Waste Management Inc. I $ 220,000, Sears, Roebuck & Co. $ 215,000, The Mills Corp. $ 202,750, WellCare Health Plans, Inc. $ 200,000, Kinder Morgan, Inc. $ 200,000, Abbey Gardy & Squitieri Kirby McInerney & Squire Berger & Montague Milberg Weiss Bershad & Schulman Barrack Rodos & Bacine Labaton Sucharow Chimicles & Tikellis The Nygaard Law Firm Robbins Geller Rudman & Dowd 45 CMS Energy Corp. $ 200,000, Entwistle & Cappucci Milberg Weiss & Bershad 46 Safety-Kleen Corp. (Bondholders) $ 197,622, Berger & Montague Pomerantz Haudek Block Grossman & Gross Wechsler Harwood MicroStrategy, Inc. $ 192,500, Motorola, Inc. $ 190,000, Wolf Haldenstein Alder Freeman & Herz Milberg Weiss Bershad Hynes & Lerach Lite DePalma Greenberg & Rivas Wolf Popper 49 Bristol-Myers Squibb Co. $ 185,000, Labaton Sucharow & Rudoff 50 Maxim Integrated Products, Inc. $ 173,000, Chitwood Harley Harnes

24 Case Name Total 51 Juniper Networks, Inc. $ 169,000, Lead Counsel Lowey Dannenberg Cohen & Hart Schering-Plough Corp. $ 165,000, Dollar General Corp. $ 162,000, Broadcom Corp. $ 160,500, Brocade Communications Systems, Inc. $ 160,098, Bennett Funding Group, Inc. $ 152,635, Barrack Rodos & Bacine Milberg Weiss Bershad Hynes & Lerach Entwistle & Cappucci Grant & Eisenhofer Labaton Sucharow Nix, Patterson & Roach Patton Roberts Kirby McInerney & Squire 57 Satyam Computer Services, Ltd. $ 150,500, Grant & Eisenhofer Labaton Sucharow Kessler Topaz Meltzer & Check Merrill Lynch & Co., Inc. (Bonds or Preferred Shares Offerings) $ 150,000, AT&T Wireless Tracking Stock $ 150,000, Broadcom Corp. $ 150,000, TXU Corp. $ 149,750, Sumitomo (Copper Trading) Corp. $ 149,250, Charter Communications, Inc. $ 146,250, Sunbeam Corp. $ 140,995, Kirby McInerney & Squire Heins Mills & Olson Lerach Coughlin Stoia Geller Rudman & Robbins Provost & Umphrey Law Firm Lovell Stewart Halebian Pomerantz Haudek Block Grossman & Gross Milberg Weiss Bershad Hynes & Lerach Barrack Rodos & Bacine Berger & Montague Wolf Popper

25 Case Name Total 65 Biovail Corp. $ 138,000, The Coca-Cola Company $ 137,500, Lead Counsel Milberg Coughlin Stoia Geller Rudman & Robbins Chitwood Harley Harnes Electronic Data Systems Corp. $ 137,500, Informix Corp. $ 136,500, Lowenstein Sandler Barrack Rodos & Bacine Milberg Weiss Bershad Hynes & Lerach Kaplan Kilsheimer & Fox 69 Computer Associates International, Inc. $ 133,551, Milberg Weiss Bershad Hynes & Lerach Schiffrin & Barroway Stull Stull & Brody Doral Financial Corp. $ 130,000, Delphi Corp. $ 128,350, Edward D. Jones & Co., L.P. $ 127,500, Lerach Coughlin Stoia Geller Rudman & Robbins Grant & Eisenhofer Nix, Patterson & Roach Schiffrin Barroway Topaz & Kessler Stull Stull & Brody Weiss & Lurie Milberg Weiss & Bershad Hulett Harper Stewart Goodin MacBride Squeri Ritchie & Day Blitz Bardgett & Deutsch Stanley, Mandel & Iola Bristol-Myers Squibb Co. $ 125,000, New Century Financial Corp. $ 124,827, Mattel, Inc. $ 122,000, Milberg Weiss Bershad Hynes & Lerach Wolf Popper

26 Case Name 76 Lernout & Hauspie Speech Products N.V. Total $ 120,520, Lead Counsel Berman DeValerio Pease Tabacco Burt & Pucillo Cauley Bowman Carney & Williams Shalov Stone & Bonner Bank One Corp. (First Chicago NBD) $ 120,000, Deutsche Telekom AG $ 120,000, Conseco, Inc. $ 120,000, Sussman Watkins & Wylie Milberg Weiss Bershad & Schulman Bernstein Liebhard & Lifshitz Chicago Board of Trade (June 2005 Ten Treasury Note Futures Contracts) $ 118,750, Peregrine Systems, Inc. $ 117,567, Lovell Stewart Halebian Jacobson Abraham, Fruchter & Twersky Gold Bennett Cera & Sidener Stull Stull & Brody 82 Mercury Interactive Corp. $ 117,500, Glancy Binkow & Goldberg Labaton Sucharow 83 The Interpublic Group of Companies, Inc. $ 115,000, Schiffrin & Barroway Ikon Office Solutions, Inc. $ 111,000, CVS Corp. $ 110,000, Milberg Weiss Bershad Hynes & Lerach Berger & Montague Keller Rohrback Milberg Weiss Bershad & Schulman Schiffrin & Barroway 85 DPL Inc. (Federal Class ) $ 110,000, Milberg Weiss Bershad Hynes & Lerach Waite Schneider Bayless & Chesley 87 Homestore.com, Inc. $ 107,421, Cotchett, Pitre & McCarthy

27 Case Name Total 88 Prison Realty Trust Inc. $ 104,129, Symbol Technologies, Inc. $ 102,000, Lead Counsel Milberg Weiss Bershad Hynes & Lerach Berman DeValerio & Pease Cauley Geller Girard & Green Berman DeValerio Pease Tabacco Burt & Pucillo 90 Bernard L. Madoff Investment Securities LLC (Tremont Funds/Rye Funds) $ 100,000, Entwistle & Cappucci Hagens Berman Sobol Shapiro Wolf Haldenstein Adler Freeman & Herz Bernstein Liebhard Robbins Geller Rudman & Dowd 90 American Express Financial Advisors 90 $ 100,000, AT&T Corp. $ 100,000, Stull Stull & Brody Milberg Weiss & Bershad Girard Gibbs Lerach Coughlin Stoia Geller Rudman & Robbins 90 Honeywell International, Inc. $ 100,000, Lerach Coughlin Stoia & Robbins 94 Cisco Systems, Inc. $ 99,250, Lerach Coughlin Stoia Geller Rudman & Robbins Levin Papantonio Thomas Mitchell Echsner & Proctor 95 American International Group, Inc. $ 97,500, Hahn Loeser & Parks Labaton Sucharow Fleming Companies, Inc. $ 93,950, CIGNA Corp. $ 93,000, Gemstar-TV Guide International, Inc. $ 92,500, Berger & Montague Susman Godfrey Berger & Montague Bernstein Liebhard & Lifshitz 98 Boeing Co. $ 92,500, Milberg Weiss Bershad Hynes & Lerach Hagens & Berman

28 Case Name Total Lead Counsel 100 OM Group, Inc. $ 92,400, Climaco, Lefkowitz, Peca, Wilcox & Garofoli LPA

29 Claims Administration Analytics Inc. Heffler Radetich & Saitta LLP Rust Consulting* Gilardi & Co. LLC Garden City Group # of Cases * Includes 8 settlements administered by Rust Consulting and 5 settlements administered by Complete Claim Solutions

30 Claims Administration Most Frequent Claims Administrators in Top 100 s RANK Case Name Total Claims Administrator 1 Enron Corp. $ 7,242,000, Gilardi & Co. LLC 2 WorldCom, Inc. $ 6,156,100, Garden City Group 3 Cendant Corp. $ 3,318,250, Heffler Radetich & Saitta LLP 4 Tyco International, Ltd. $ 3,200,000, Garden City Group 5 AOL Time Warner, Inc. $ 2,500,000, Gilardi & Co. LLC 6 Nortel Networks Corp. I $ 1,142,775, Garden City Group 7 Royal Ahold, N.V. $ 1,100,000, Garden City Group 8 Nortel Networks Corp. II $ 1,074,265, Garden City Group 9 McKesson HBOC Inc. $ 1,042,500, Analytics Inc. 10 UnitedHealth Group, Inc. $ 925,500, Gilardi & Co. LLC 11 HealthSouth Corp. $ 804,500, Rust Consulting 12 Xerox Corp. $ 750,000, Gilardi & Co. LLC 13 Lucent Technologies, Inc. $ 667,000, Garden City Group 14 Countrywide Financial Corp. $ 624,000, Rust Consulting 15 Cardinal Health, Inc. $ 600,000, Gilardi & Co. LLC 16 IPO Securities Litigation $ 586,000, Garden City Group 17 BankAmerica Corp. $ 490,000, Heffler Radetich & Saitta LLP 18 Merrill Lynch & Co., Inc. $ 475,000, Rust Consulting 19 Dynegy, Inc. $ 474,050, Gilardi & Co. LLC 20 Adelphia Communications Corp. $ 466,725, Valley Forge Administrators 21 Raytheon Company $ 460,000, Analytics Inc. 22 Waste Management Inc. II $ 457,000, Complete Claim Solutions 23 Global Crossing, Ltd. $ 447,800, Garden City Group 24 Qwest Communications International, Inc. $ 445,000, Gilardi & Co. LLC 25 Federal Home Loan Mortgage Corp. (Freddie $ 410,000, Garden City Group Mac) 26 Marsh & McLennan Companies, Inc. $ 400,000, Rust Consulting 27 Cendant Corp. (PRIDES) $ 374,000, Valley Forge Administrators 28 Refco, Inc. $ 358,300, Garden City Group 29 Rite Aid Corp. $ 319,580, Gilardi & Co. LLC 30 Williams Companies, Inc. $ 311,000, Garden City Group 31 General Motors Corp. $ 303,000, Epiq Systems, Inc. 32 Bristol-Myers Squibb Co. $ 300,000, Garden City Group 32 DaimlerChrysler AG $ 300,000, Garden City Group

31 RANK Case Name Total Claims Administrator 32 Oxford Health Plans, Inc. $ 300,000, Garden City Group 35 El Paso Corp. $ 285,000, AB Data, Ltd. 36 Tenet Healthcare Corp. $ 281,500, Garden City Group 37 3Com Corp. $ 259,000, Gilardi & Co. LLC 38 Charles Schwab & Co., Inc. $ 235,000, Gilardi & Co. LLC 39 Comverse Technology, Inc. $ 225,000, Berdon LLP 40 Waste Management Inc. I $ 220,000, Heffler Radetich & Saitta LLP 41 Sears, Roebuck & Co. $ 215,000, Garden City Group 42 The Mills Corp. $ 202,750, Garden City Group 43 WellCare Health Plans, Inc. $ 200,000, Garden City Group 43 Kinder Morgan, Inc. $ 200,000, Garden City Group 43 CMS Energy Corp. $ 200,000, Garden City Group 46 Safety-Kleen Corp. (Bondholders) $ 197,622, Heffler Radetich & Saitta LLP 47 MicroStrategy, Inc. $ 192,500, Gilardi & Co. LLC 48 Motorola, Inc. $ 190,000, Complete Claim Solutions 49 Bristol-Myers Squibb Co. $ 185,000, Garden City Group 50 Maxim Integrated Products, Inc. $ 173,000, Garden City Group 51 Juniper Networks, Inc. $ 169,000, Rust Consulting 52 Schering-Plough Corp. $ 165,000, Heffler Radetich & Saitta LLP 53 Dollar General Corp. $ 162,000, Garden City Group 54 Broadcom Corp. $ 160,500, Garden City Group 55 Brocade Communications Systems, Inc. $ 160,098, Epiq Systems, Inc. 56 Bennett Funding Group, Inc. $ 152,635, Garden City Group 57 Satyam Computer Services, Ltd. $ 150,500, Rust Consulting 58 Merrill Lynch & Co., Inc. (Bonds or Preferred $ 150,000, Analytics Inc. Shares Offerings) 58 AT&T Wireless Tracking Stock $ 150,000, Gilardi & Co. LLC 58 Broadcom Corp. $ 150,000, Gilardi & Co. LLC 61 TXU Corp. $ 149,750, Gilardi & Co. LLC 62 Sumitomo (Copper Trading) Corp. $ 149,250, ACS Financial Securities Services 63 Charter Communications, Inc. $ 146,250, Berdon LLP 64 Sunbeam Corp. $ 140,995, ACS Financial Securities Services 65 Biovail Corp. $ 138,000, Complete Claim Solutions 66 The Coca-Cola Company $ 137,500, Gilardi & Co. LLC 66 Electronic Data Systems Corp. $ 137,500, Poorman-Douglas 68 Informix Corp. $ 136,500, Heffler Radetich & Saitta LLP 69 Computer Associates International, Inc. $ 133,551, Gilardi & Co. LLC

32 RANK Case Name Total Claims Administrator 70 Doral Financial Corp. $ 130,000, Gilardi & Co. LLC 71 Delphi Corp. $ 128,350, Garden City Group 72 Edward D. Jones & Co., L.P. $ 127,500, Edward D. Jones & Co., L.P. 73 Bristol-Myers Squibb Co. $ 125,000, Garden City Group 74 New Century Financial Corp. $ 124,827, Analytics Inc. 75 Mattel, Inc. $ 122,000, Gilardi & Co. LLC 76 Lernout & Hauspie Speech Products N.V. $ 120,520, AB Data, Ltd. 77 Bank One Corp. (First Chicago NBD) $ 120,000, Strategic Claims Services 77 Deutsche Telekom AG $ 120,000, Garden City Group 77 Conseco, Inc. $ 120,000, Poorman-Douglas 80 Chicago Board of Trade (June 2005 Ten Treasury Note Futures Contracts) $ 118,750, Rust Consulting 81 Peregrine Systems, Inc. $ 117,567, Gilardi & Co. LLC 82 Mercury Interactive Corp. $ 117,500, Complete Claim Solutions 83 The Interpublic Group of Companies, Inc. $ 115,000, Garden City Group 84 Ikon Office Solutions, Inc. $ 111,000, Gilardi & Co. LLC 85 CVS Corp. $ 110,000, Garden City Group 85 DPL Inc. (Federal Class ) $ 110,000, Fifth Third Bank 87 Homestore.com, Inc. $ 107,421, Rust Consulting 88 Prison Realty Trust Inc. $ 104,129, Gilardi & Co. LLC 89 Symbol Technologies, Inc. $ 102,000, AB Data, Ltd. 90 Bernard L. Madoff Investment Securities LLC (Tremont Funds/Rye Funds) $ 100,000, Garden City Group 90 American Express Financial Advisors $ 100,000, Garden City Group 90 AT&T Corp. $ 100,000, Gilardi & Co. LLC 90 Honeywell International, Inc. $ 100,000, Gilardi & Co. LLC 94 Cisco Systems, Inc. $ 99,250, Gilardi & Co. LLC 95 American International Group, Inc. $ 97,500, Complete Claim Solutions 96 Fleming Companies, Inc. $ 93,950, Heffler Radetich & Saitta LLP 97 CIGNA Corp. $ 93,000, Heffler Radetich & Saitta LLP 98 Gemstar-TV Guide International, Inc. $ 92,500, Garden City Group 98 Boeing Co. $ 92,500, Gilardi & Co. LLC 100 OM Group, Inc. $ 92,400, Garden City Group

33 Restatements Restatement Non-Restatement

34 Restatements Cases Involving Accounting Restatements in Top 100 s Rank Case Name Total Restatement 1 Enron Corp $7,242,000,000 Yes 2 WorldCom, Inc $6,156,100,670 Yes 3 Cendant Corp $3,318,250,000 Yes 4 Tyco International, Ltd 2007 $3,200,000,000 No 5 AOL Time Warner, Inc $2,500,000,000 Yes 6 Nortel Networks Corp. I 2006 $1,142,775,308 No 7 Royal Ahold, N.V $1,100,000,000 Yes 8 Nortel Networks Corp. II 2006 $1,074,265,298 Yes 9 McKesson HBOC Inc $1,042,500,000 Yes 10 UnitedHealth Group, Inc $925,500,000 Yes 11 HealthSouth Corp $804,500,000 Yes 12 Xerox Corp $750,000,000 Yes 13 Lucent Technologies, Inc $667,000,000 Yes 14 Countrywide Financial Corp $624,000,000 Yes 15 Cardinal Health, Inc $600,000,000 Yes 16 IPO Securities Litigation 2009 $586,000,000 No 17 BankAmerica Corp $490,000,000 No 18 Merrill Lynch & Co., Inc $475,000,000 No 19 Dynegy, Inc $474,050,000 Yes 20 Adelphia Communications Corp $466,725,000 Yes 21 Raytheon Company 2004 $460,000,000 Yes 22 Waste Management Inc. II 2003 $457,000,000 No 23 Global Crossing, Ltd $447,800,000 Yes 24 Qwest Communications International, Inc $445,000,000 Yes Federal Home Loan Mortgage Corp. (Freddie 25 Mac) 2006 $410,000,000 Yes 26 Marsh & McLennan Companies, Inc $400,000,000 No 27 Cendant Corp. (PRIDES) 2006 $374,000,000 Yes 28 Refco, Inc $358,300,000 Yes 29 Rite Aid Corp $319,580,000 Yes 30 Williams Companies, Inc $311,000,000 No

35 Rank Case Name Total Restatement 31 General Motors Corp $303,000,000 Yes 32 Bristol-Myers Squibb Co $300,000,000 No 32 DaimlerChrysler AG 2003 $300,000,000 No 32 Oxford Health Plans Inc $300,000,000 No 35 El Paso Corp $285,000,000 Yes 36 Tenet Healthcare Corp $281,500,000 No 37 3Com Corp $259,000,000 Yes 38 Charles Schwab & Co., Inc $235,000,000 No 39 Comverse Technology, Inc $225,000,000 Yes 40 Waste Management Inc $220,000,000 Yes 41 Sears, Roebuck & Co $215,000,000 Yes 42 The Mills Corp $202,750,000 Yes 43 WellCare Health Plans, Inc $200,000,000 Yes 43 Kinder Morgan, Inc $200,000,000 No 43 CMS Energy Corp $200,000,000 Yes 46 Safety-Kleen Corp. (Bondholders) 2006 $197,622,944 Yes 47 MicroStrategy, Inc $192,500,000 Yes 48 Motorola, Inc $190,000,000 No 49 Bristol-Myers Squibb Co $185,000,000 No 50 Maxim Integrated Products, Inc $173,000,000 Yes 51 Juniper Networks, Inc $169,000,000 Yes 52 Schering-Plough Corp $165,000,000 No 53 Dollar General Corp $162,000,000 Yes 54 Broadcom Corp $160,500,000 Yes 55 Brocade Communications Systems, Inc $160,098,500 Yes 56 Bennett Funding Group, Inc $152,635,000 No 57 Satyam Computer Services, Ltd $150,500,000 Yes Merrill Lynch & Co., Inc. (Bonds or Preferred 58 Shares Offerings) 2009 $150,000,000 No 58 AT&T Wireless Tracking Stock 2006 $150,000,000 No 58 Broadcom Corp $150,000,000 Yes 61 TXU Corp $149,750,000 No 62 Sumitomo (Copper Trading) Corp $149,250,000 No

36 Rank Case Name Total Restatement 63 Charter Communications, Inc $146,250,000 Yes 64 Sunbeam Corp $140,995,187 Yes 65 Biovail Corp $138,000,000 Yes 66 The Coca-Cola Company 2008 $137,500,000 No 66 Electronic Data Systems Corp $137,500,000 No 68 Informix Corp $136,500,000 Yes 69 Computer Associates International, Inc $133,551,000 No 70 Doral Financial Corp $130,000,000 Yes 71 Delphi Corp $128,350,000 Yes 72 Edward D. Jones & Co., L.P $127,500,000 No 73 Bristol-Myers Squibb Co $125,000,000 No 74 New Century Financial Corp $124,827,088 Yes 75 Mattel, Inc $122,000,000 No 76 Lernout & Hauspie Speech Products N.V $120,520,000 Yes 77 Bank One Corp. (First Chicago NBD) 2005 $120,000,000 No 77 Deutsche Telekom AG 2005 $120,000,000 No 77 Conseco, Inc $120,000,000 Yes 80 Chicago Board of Trade (June 2005 Ten Treasury Note Futures Contracts) 2011 $118,750,000 No 81 Peregrine Systems, Inc $117,567,922 Yes 82 Mercury Interactive Corp $ 117,500,000 Yes 83 The Interpublic Group of Companies, Inc $115,000,000 Yes 84 Ikon Office Solutions, Inc $111,000,000 No 85 CVS Corp $110,000,000 No 85 DPL Inc. (Federal Class ) 2003 $110,000,000 Yes 87 Homestore.com, Inc $107,421,216 Yes 88 Prison Realty Trust Inc $104,129,480 No 89 Symbol Technologies, Inc $102,000,000 Yes Bernard L. Madoff Investment Securities LLC 90 (Tremont Funds/Rye Funds) 2011 $100,000,000 No 90 American Express Financial Advisors 2007 $100,000,000 No 90 AT&T Corp $100,000,000 No 90 Honeywell International, Inc $100,000,000 No

37 Rank Case Name Total Restatement 94 Cisco Systems, Inc $99,250,000 No 95 American International Group, Inc $97,500,000 Yes 96 Fleming Companies, Inc $93,950,000 Yes 97 CIGNA Corp $93,000,000 Yes 98 Gemstar-TV Guide International, Inc $92,500,000 Yes 98 Boeing Co $92,500,000 No 100 OM Group, Inc $92,400,000 No

38 Top 30 SEC Disgorgements Cases

39 Top 30 SEC Disgorgements Cases Listed in Top 30 Disgorgements Categorized By RANK Case Name Total 1 American International Group, Inc. (SEC) (2006) $ 800,000, WorldCom, Inc. (SEC) $ 750,000, Adelphia Communications Corp. (SEC) (2002) $ 715,000, Enron Corp. (SEC) $ 450,000, Banc of America Capital Management, LLC (SEC) $ 375,000, Federal National Mortgage Association (Fannie Mae) (SEC) $ 350,000, Invesco Funds (SEC) $ 325,000, Time Warner, Inc. (SEC) $ 308,000, Prudential Securities (SEC) $ 270,000, Qwest Communications International Inc. (SEC Fair Fund) $ 252,869, Alliance Capital Management L.P. (SEC) $ 250,000, Bear Stearns (SEC) $ 250,000, PBHG Mutual Funds (SEC) $ 250,000, NYSE Specialist Firms (SEC) $ 247,557, Massachusetts Financial Services Co. (SEC) $ 225,629, Computer Associates International, Inc. (CRIMINAL) $ 225,000, Smith Barney Family of Funds (SEC) $ 183,704, Millennium Partners, L.P. (SEC) $ 180,575, SEC Analyst Suit 2 - Citigroup Global Markets f/k/a Salomon Smith Barney $ 157,500,

40 RANK Case Name Total 20 Putnam Investment Management, LLC (SEC) $ 153,524, Bank of America Corporation (SEC) $ 150,000, Bristol-Myers Squibb Company (SEC) $ 150,000, AOL Time Warner, Inc. (DOJ) $ 150,000, Strong Capital Management, Inc. (SEC) $ 140,750, Columbia Funds (SEC) $ 140,000, American International Group, Inc. (SEC) (2004) $ 126,366, Canadian Imperial Holdings Inc./CIBC World Markets $ 125,000, Corp. (SEC) 28 Royal Dutch Petroleum / Shell Transport (SEC) $ 120,000, Schwab Funds (SEC) $ 110,000, Janus Capital Management LLC (SEC) $ 100,000, HealthSouth Corp. (SEC) $ 100,000, Capital Consultants, LLC (SEC) $ 100,000, *"Total " reflects the sum of disgorgement and civil penalties in settlements reached with the U.S. Securities and Exchange Commission. ** s that have the same amount are given the same ranking. *** To be eligible for the Top 30 SEC Disgorgements, the Distribution Plan for the distribution of the Fair Fund must have been approved by the SEC ISS An MSCI Brand