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Declaration of K. Rehns in Support of Plaintiffs' Motion for - Lehman ...

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Case 1:09-md-02017-LAK Document 666-2 Filed 01/13/12 Page 48 <strong>of</strong> 57<br />

While at HUD, Mr. Liles also handled numerous politically sensitive cases <strong>in</strong>volv<strong>in</strong>g issues <strong>of</strong><br />

bankruptcy and <strong>for</strong>eclosure.<br />

Mr. Liles has also worked <strong>in</strong> several political positions, <strong>in</strong>clud<strong>in</strong>g <strong>in</strong> the <strong>of</strong>fice <strong>of</strong> United States<br />

Representative Bob Etheridge (D-NC) and the North Carol<strong>in</strong>a Senate Democratic Caucus.<br />

Mr. Liles received his degree <strong>in</strong> Economics and Political Science from the University <strong>of</strong> North<br />

Carol<strong>in</strong>a at Chapel Hill, with dist<strong>in</strong>ction (B.A., 2005). He received his law degree from the University<br />

<strong>of</strong> North Carol<strong>in</strong>a School <strong>of</strong> Law (J.D., 2008). In law school, Mr. Liles focused on public <strong>in</strong>terest law<br />

and was a Board Member <strong>of</strong> the UNC Pro Bono Program. Mr. Liles organized and led several groups<br />

to New Orleans to address the legal issues dur<strong>in</strong>g the Hurricane Katr<strong>in</strong>a recovery. Mr. Liles was<br />

recognized <strong>for</strong> his exemplary public service by the Louisiana State Supreme Court <strong>for</strong> his contributions<br />

to the recovery ef<strong>for</strong>ts.<br />

Dur<strong>in</strong>g law school Mr. Liles was on the Holderness Moot Court. Mr. Liles also worked on the North<br />

Carol<strong>in</strong>a Journal <strong>of</strong> International Law and Commercial regulation and is the author <strong>of</strong> Did Kim Jong-Il<br />

Break the Law A Case Study on How North Korea Highlights the Flaws <strong>of</strong> the Non-Proliferation<br />

Regime, 33 N.C. J. Int’l L. & Com. Reg. 103 (Fall 2007).<br />

Mr. Liles is admitted to practice <strong>in</strong> the state <strong>of</strong> North Carol<strong>in</strong>a.<br />

Christopher Lometti<br />

Christopher Lometti jo<strong>in</strong>ed Cohen Milste<strong>in</strong> <strong>in</strong> 2009 as Of Counsel. Prior to that time, he was a member<br />

<strong>of</strong> Schoengold Sporn Laitman & Lometti, P.C. (“SSLL”), where he practiced <strong>for</strong> more than thirteen<br />

years <strong>in</strong> the area <strong>of</strong> securities class action litigation.<br />

While at SSLL, Mr. Lometti oversaw the firm’s <strong>in</strong>stitutional client development ef<strong>for</strong>ts. Under his<br />

supervision, the firm established relationships with dozens <strong>of</strong> Taft-Hartley pension and benefit funds<br />

whom the firm represented <strong>in</strong> numerous securities class action lawsuits over the years. In addition, Mr.<br />

Lometti participated <strong>in</strong> the litigation <strong>of</strong> many <strong>of</strong> these and other cases while at his <strong>for</strong>mer firm,<br />

<strong>in</strong>clud<strong>in</strong>g WorldCom, Bank One, USN Communications, Nicor, PNC, Westar, SpectraVision and SPX.<br />

In re WorldCom, Inc. Securities Litigation, 02-CV-3288 (S.D.N.Y.), Mr Lometti represented an<br />

additional named pla<strong>in</strong>tiff and certified class representative with a significant f<strong>in</strong>ancial <strong>in</strong>terest <strong>in</strong><br />

WorldCom bonds. That case was settled <strong>in</strong> 2005 <strong>for</strong> over $6.15 billion, the second-largest securities<br />

fraud settlement <strong>of</strong> all time. A majority <strong>of</strong> the settlement proceeds <strong>in</strong> the WorldCom case was allocated<br />

to the bond claims <strong>of</strong> Mr. Lometti’s client. In addition, <strong>in</strong> In re Nicor Securities Litigation, 02-CV-<br />

5168 (N.D. Ill.), Mr Lometti represented a Taft-Hartley pension and benefit fund as sole lead counsel.<br />

Despite the fact that the case asserted claims under Section 10b <strong>of</strong> the Securities Exchange Act <strong>of</strong> 1934<br />

which centered on complex account<strong>in</strong>g rules govern<strong>in</strong>g the f<strong>in</strong>ancial report<strong>in</strong>g <strong>of</strong> natural gas leases, the<br />

case was eventually settled <strong>for</strong> $39 million.<br />

Prior to SSLL, Mr. Lometti was associated with Shea & Gould, a large New York City-based<br />

commercial litigation firm, where he practiced <strong>in</strong> the Litigation Department. While there, he<br />

represented an array <strong>of</strong> clients, <strong>in</strong>clud<strong>in</strong>g several Fortune 500 companies, <strong>in</strong> a wide variety <strong>of</strong><br />

commercial litigation disputes, <strong>in</strong>clud<strong>in</strong>g SEC <strong>in</strong>vestigations and en<strong>for</strong>cement proceed<strong>in</strong>gs, securities<br />

class actions and ERISA matters.<br />

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