World's Leading Class Action Law Firm, Milberg Weiss, Retains TransMedia Group For Public Relations BOCA RATON, November 4, 2003 -- Think of the world's biggest class action lawsuits and the law firm name that invariably comes to mind is Milberg Weiss. Today this most admired or feared law firm - depending on which side you're on -wants to make sure it's known throughout the Southeast for recovering over $30 billion for its clients. Thus, the nation's largest plaintiff's contingency fee-based law firm has retained TransMedia Group, Palm Beach County's largest PR firm, to publicize its expanding Boca Raton office. "No other firm in the country has the depth in staff, including the attorneys, forensic accountants, investigators and paralegals, who are as effective in representing plaintiffs in class action securities litigation as Milberg Weiss," said TransMedia's founder and chairman Thomas J. Madden. "With the remarkable string of litigation victories achieved by Milberg Weiss, we've got the strongest case any PR firm could hope for to bring to the court of public opinion," he said. With 35 years of experience litigating complex securities actions on behalf of institutional and individual clients, Milberg Weiss has been responsible for more than $30 billion in aggregate recoveries. The law firm currently serves as lead or co-lead counsel in major cases throughout the country. The firm chairs an executive committee of lawyers in the most massive securities class action in history: In re Initial Public Offering Securities Litigation. It consists of 309 separate class actions with over 900 plaintiffs. The defendants include nearly all the major Wall Street investment banks - 55 total - and approximately 300 companies that were brought public during the so-called tech boom of the late 90s. The complaints allege a vast scheme to defraud the investing public by manipulating the price of stock in hundreds of companies in their IPOs and after. Currently the firm is championing the rights of mutual fund investors who have sustained loss as a result of such illegal schemes. Schemes such as "late trading" and "timing" enrich privileged investors at the expense of ordinary shareholders. Milberg Weiss is proceeding with lawsuits on behalf of classes of investors who purchased Janus, Strong, One Group, Nations, Alliance, Putnam, Morgan Stanley and Federated Investors mutual funds and who are now seeking to recover some of the money allegedly taken from the funds. # # # CONTACT: Ali Berliner, +1-561-750-9800, ext. 21, or ABerliner@transmediagroup.com