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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 15 <strong>of</strong> 57<br />

was also part <strong>of</strong> the pla<strong>in</strong>tiffs’ team that secured nationwide benefits <strong>for</strong> GM vehicle purchasers as the<br />

result <strong>of</strong> defective automobile eng<strong>in</strong>e coolants. In re General Motors Dex-Cool Products Liability<br />

Litigation (S.D. Ill).<br />

Mr. Friedman has been a speaker on numerous panels <strong>for</strong> legal education sem<strong>in</strong>ars and <strong>in</strong>stitutional<br />

<strong>in</strong>vestor conferences on the issues <strong>of</strong> securities class actions, securities fraud monitor<strong>in</strong>g, account<strong>in</strong>g<br />

fraud and corporate governance. He was featured <strong>in</strong> a November 15, 1997 Wash<strong>in</strong>gton Post article<br />

about securities class actions and pr<strong>of</strong>iled <strong>in</strong> the April 14, 2000 edition <strong>of</strong> The Wash<strong>in</strong>gton Bus<strong>in</strong>ess<br />

Journal. In 2007, LawDragon named Mr. Friedman as one <strong>of</strong> the 3,000 Lead<strong>in</strong>g Pla<strong>in</strong>tiffs' Lawyers <strong>in</strong><br />

America.<br />

Prior to jo<strong>in</strong><strong>in</strong>g Cohen Milste<strong>in</strong>, Mr. Friedman served as an attorney with the U.S. Patent and<br />

Trademark Office.<br />

Mr. Friedman graduated from Tufts University with a B.A. <strong>in</strong> Psychology (1980, magna cum laude,<br />

Phi Beta Kappa) and is a 1983 graduate <strong>of</strong> the National Law Center, George Wash<strong>in</strong>gton University.<br />

Mr. Friedman is admitted to practice <strong>in</strong> the District <strong>of</strong> Columbia and New York.<br />

Daniel S. Sommers<br />

Daniel Sommers, a Partner at the Firm, jo<strong>in</strong>ed Cohen Milste<strong>in</strong> <strong>in</strong> 1988. He is co-chair <strong>of</strong> the Firm's<br />

Securities Fraud/Investor Protection practice group and is a member <strong>of</strong> the Firm's Executive<br />

Committee.<br />

Dur<strong>in</strong>g his career at Cohen Milste<strong>in</strong>, Mr. Sommers served as lead or co-lead counsel or otherwise<br />

played a significant role <strong>in</strong> numerous securities fraud class actions <strong>in</strong> federal courts throughout the<br />

United States. Many <strong>of</strong> those cases resulted <strong>in</strong> multi-million dollar recoveries <strong>for</strong> <strong>in</strong>dividual and<br />

<strong>in</strong>stitutional <strong>in</strong>vestors. For example, these cases <strong>in</strong>clude: Ste<strong>in</strong>er v. Southmark Corporation<br />

(N.D.Tex.) (over $70 million recovery ); In re PictureTel Inc. Securities Litigation (D.Mass.) ($12<br />

million recovery); In re Physician Corporation <strong>of</strong> America Securities Litigation (S.D. Fla.) ($10.2<br />

million recovery); In re Gilat Satellite Securities Litigation (E.D.N.Y.) ($20 million recovery); In re<br />

Pozen Inc. Securities Litigation (M.D.N.C.) ($11.2 million recovery); In re Montoya v. Mamma.com<br />

($3.25 million recovery); In re Nextel Communications Securities Litigation (D.N.J.) (up to $27<br />

million recovery); In re PSINet Inc. Securities Litigation (E.D. Va.) ($17.8 million recovery); In re<br />

Cascade International Inc. Securities Litigation, (S.D. Fla.) (global recovery <strong>of</strong> approximately $10<br />

million); and In re ECI Telecom Securities Ltd. Litigation (E.D.Va.) ($21.75 million recovery). He<br />

currently is actively <strong>in</strong>volved <strong>in</strong> the prosecution <strong>of</strong> the In re Fannie Mae Securities Litigation (D.D.C).<br />

Mr. Sommers is also experienced <strong>in</strong> non-class action litigation. He represented TBG Inc., a multibillion<br />

dollar privately-held overseas corporation, <strong>in</strong> a multi-party, complex action alleg<strong>in</strong>g fraud <strong>in</strong> a<br />

corporate acquisition and represented <strong>in</strong>dividuals <strong>in</strong> connection with <strong>in</strong>vestigations brought by the<br />

United States Securities and Exchange Commission. He also has represented publicly traded<br />

corporations <strong>in</strong> the prosecution and defense <strong>of</strong> claims. Mr. Sommers has litigated cases cover<strong>in</strong>g a<br />

wide-range <strong>of</strong> <strong>in</strong>dustries <strong>in</strong>clud<strong>in</strong>g the f<strong>in</strong>ancial services, computer s<strong>of</strong>tware, pharmaceutical,<br />

<strong>in</strong>surance, real estate and telecommunications <strong>in</strong>dustries among others. He also has substantial<br />

experience <strong>in</strong> cases present<strong>in</strong>g complex account<strong>in</strong>g and audit<strong>in</strong>g issues.<br />

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