Solomon B. Cera

Mr. Cera joined the Firm in 1983 and is its managing partner. While at the Firm, Mr. Cera has obtained experience in a variety of fields, including the oil and gas industry, executive compensation, insurance and tax-advantaged investments. In addition, Mr. Cera has obtained significant experience in the fields of mergers and acquisitions, accounting and auditing.

Among the more significant cases in which Mr. Cera has played a leading role on behalf of the Firm are the following. In Roberts v. Heim, No. 84-8069 THE (N.D. Cal), Mr. Cera represented a class of approximately 3,000 investors who lost money in an oil and gas limited partnership investment. The Firm recovered $33 million in cash for the investors and obtained injunctions which barred collection from the limited partners on $500 million worth of promissory notes. In this same case, Mr. Cera obtained more than 10 judgments on behalf of his clients against various defendants for in excess of $ 100 million each. In commenting on the Firm's representation of its clients in the case, the Chief Judge of the United States District Court for the Northern District of California stated as follows:

[T]his action has been extraordinarily complex, resulting in over 300 orders by this court, several of which have been published, and many of which addressed difficult issues of first impression, and were eventually published . . . [T]hroughout this action, class counsel has demonstrated superior legal abilities, and has submitted to the court briefs, memoranda and oral argument of the highest quality... [C]ounsel's efforts have conferred substantial benefits on the class.

Roberts v. Heim, [1991 Tr. Binder] Fed. Sec. L.Rep. (CCH) 96,221 at 91,155-56 (N.D. Cal. August 28, 1991).

In Higley v. Donahue, et al.. No. 93-CV-4288 (Denver District Court), Mr. Cera acted on behalf of the firm as co-lead counsel in an action in Colorado state court against several large, nationally known brokerage firms, based on their involvement in a hedged options trading scheme. A settlement with a value of $50 million was reached for the benefit of a class of approximately 800 investors in the space of 15 months.

In Joseph v. Wiles. 223 F.3d 1155 (10th Cir. 2000), Mr. Cera obtained reinstatement of a case against officers and directors, underwriters and accountants in a class action securities fraud case involving a disk drive manufacturer. The decision is important insofar as it approves the filing of securities law claims by purchasers in the aftermarket of an initial offering of securities, and further analyzes the statute of limitations in a way which benefits investors.

Mr. Cera graduated from Pomona College, Claremont, California, and received his J.D. from the University of San Francisco School of Law where he was the recipient of the American Jurisprudence Award in Corporations. He is admitted to practice before the Supreme Court of the United States, and is a member of the State Bar of California.

Mr. Cera also is a member of the American Bar Association, including its Litigation Section, as well as the Association of Trial Lawyers of America.

Mr. Cera has published an article entitled "Control Person Liability of the Outside Director" which appeared in the ABA Section of Litigation, Committee on Securities Litigation Journal Securities News, Vol. II, No. 2 Winter 1993. Mr. Cera has been given an "AV" rating by Martindale-Hubbell.