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Investor Protection

Widespread corporate fraud at some of the nation's leading corporations, such as Enron, WorldCom, and AOL Time Warner, has harmed countless institutional and individual investors. Scores of hardworking Americans have suffered losses in their pension funds, retirement accounts, college and general savings accounts as a result of fraudulent conduct. We believe that investors deserve zealous representation in their fight for a return of those assets.

Mehri & Skalet often represents institutional investors concerned about securities fraud and corporate governance, as well as 401(k) beneficiaries enforcing ERISA violations. Our representation begins with monitoring: we provide fraud recovery and portfolio monitoring for institutional investors. By tracking warning signs in a portfolio and then assessing the risk to holdings, we can make recommendations on what, if any, action should be taken by the investor. Our monitoring service provides valuable information and expertise useful to the institutional investor and its trustees in assessing the risks posed by business fraud and other corporate misconduct.

Founding partner Cyrus Mehri has represented shareholders in securities class actions since the late 1980's and has a long history of representing defrauded investors, pensioners and consumers, as well as small businesses subjected to price-fixing. His extensive experience includes recovering assets for those involved in the elaborate scandals involving junk bonds committed by Ivan Boesky and Michael Milken in the 1980's, as well as savings and loan institutions. In addition, Mr. Mehri served as class counsel in Florin v. NationsBank in 1993, which restored $16 million to a pension plan that was bilked by company insiders at Simmons Mattress Company. And in 1991, In re Bolar Pharmaceutical Co. he helped to return over $25 million to defrauded shareholders. Mr. Mehri was also the principal attorney in Roosevelt v. E. I. Dupont de Nemours and Co. , which established the right for shareholders to go to federal court to require corporations to include proxy resolutions.

Mr. Mehri has also co-authored a series of articles on securities enforcement and corporate governance including Labor & Corporate Governance articles entitled "Stock Option Equity: Building Democracy While Building Wealth" (November 2002) and "The Latest Retreat By The SEC" (February 2003). Mr. Mehri also co-authored an article in The Journal of Investment Compliance (Winter 2002/2003) entitled "Slipping Back to Business as Usual, Six Months After the Passage of Sarbanes-Oxley". In addition, Mr. Mehri co-authored a letter to the SEC regarding diversity in Board appointments. We believe our experiences in the shareholder arena and on behalf of employees place us in a unique position to help protect shareholder assets. If you believe that you have suffered losses due to fraudulent activity, please contact us regarding your potential claims.

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