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"We are reminded how short life really is, and how we are just passing through. So, all the people you haven't told you love lately, tell them, and live your days like you mean it."

---Hal Sutton

about reed

REED R. KATHREIN is the partner in charge of the San Francisco office (located actually in Berkeley) in the class action law firm Hagens Berman Sobel Shapiro LLP. Prior to that he was the founding partner in the San Francisco office of Lerach Coughlin Stoia Rudman Geller & Robbins until February 2007. Prior to his partnership with Lerach Coughlin, Mr. Kathrein was partner of the San Francisco office of Milberg Weiss, which he opened in 1994. Milberg Weiss amicably split into Lerach Coughlin and Milberg Weiss in 2004. Since 1988, when Mr. Kathrein joined the David B. Gold, Mr. Kathrein has focused his practice on complex and class action litigation, principally involving securities or consumer fraud. He was lead counsel in numerous state as well as federal court actions around the country, including co-lead counsel in the In re 3Com Sec. Litig. which settled for $259 million.

Mr. Kathrein publishes and lectures extensively in the fields of litigation, consumer and securities law, class actions, and international law. He has spoken to the American Bar Association (ABA), the American Business Trial Lawyers Association (ABTLA), the Consumer Attorneys of California (CAOC), the Practicing Law Institute (PLI), the Securities Law Institute, the National Investor Relations Institute (NIRI), state and local bar groups, private seminar organizations and corporations. He annually co-chaired the Executive Enterprises program for corporate officers and counsel entitled, "Dealing With Analysts and the Press." He testified before the Senate Foreign Relations Committee on behalf of the American Bar Association in favor of advice and consent to ratification of treaties on international sales, arbitration, evidence and service of process. He testified before the California Assembly and Senate Committees on Y2K litigation, the unfair trade practice act and changes in the business judgment rule. He actively fought the passage of the Private Securities Litigation Reform Act of 1995 (PSLRA) and the Securities Litigation Uniform Standard Act of 1998. He worked behind the scenes to shape the Sarbanes–Oxley Act of 2002 on corporate responsibility and accountability.

He served as chairman of the Private International Law Committee of the American Bar Association from 1984-1990, as a director and officer of the International Business Counsel Mid-America from 1983-1988, where he also chaired the policy committee. He acted as an advisor to the U.S. State Department’s Advisory Committee on Private International Law from 1984-1990. He was a member of the executive committee of the National Association of Securities and Consumer Law Attorneys (NASCAT) from 1991-2003, and from 1998 to 2003 was a member of the Board of Governors of the Consumer Attorneys of California (CAOC). In 2004 and 2005 he served as co-chair of the Securities Working Group, tasked by the Chief Justices Marilyn Hall Patel and Vaughn Walker to propose and assist in revising the Court's local rules as they relate to securities fraud class actions.

Formerly, Mr. Kathrein was a partner in the Chicago law firm Arnstein & Lehr, where he represented national and international corporations in litigation involving antitrust, commercial, toxic tort, employment and product and public liability disputes from 1979-1988. In 1988 he moved to San Franciso to practice law with David B. Gold and Paul Bennett to whom he expresses great gratitude for teaching him how to litigate against the greedy and powerful. Mr. Gold passed away in 1994.

Mr. Kathrein graduated from the University of Miami (B.A. cum laude, 1974; J.D. 1977) where he served as the first student Editor-in-Chief of the International Law Journal. He is admitted to the Bar of the States of Illinois (1977), Florida (1978) and California (1989).


Reed Kathrein is a lawyer who represents individual and institutional investors and consumers in litigation involving corporate wrongdoing. For more about him go to
http://www.reedkathrein.com/


He can also be contacted at work at:

Reed R. Kathrein
Hagens Berman Sobol Shapiro LLP
715 Hearst Avenue, Suite 202
Berkeley, CA  94710

Telephone: (510) 725-3000
Facsimile:  (510) 725-3001

Direct: (510)725-3030
Blackberry (415)683-8566
Cell: (415) 699-6355

Email:  reed@hbsslaw.com

Go to --Corporate Fraud Blog -- to discuss reported examples of corporate corruption and ethics.

Go to --Reed Kathrein Gallery -- to view Reed's photography gallery.

Class action filed against AT&T for allegedly acting as NSA's agent in domestic spying. See the Amended Complaint.

Sony Agrees To Stop Putting Unwanted DRM Software on music CD's. We are pleased to report that in working with the Electronic Frontier Foundation ("EFF"), Sony/BMG has agreed to settle a class action over the placement of digital rights management software on it's music CD's by stopping the practice, repalcing the CD's and compensating those who purchased the CD's. The EFF has a help page and resources concerning the settlement. Claim Forms are due by December 31, 2006. If you would like to submit a Claim Form online, please click here. If you have played a CD on your computer that contains either XCP or MediaMax 5.0 content protection software, you shouldupdate or uninstall the software to reduce your risk of security vulnerabilities.

Los Angeles court rules AT&T arbitration clause is not a part of the contract with consumers. The trial on whether the coverage maps of AT&T Wireless (now Cingular) are deceptive has been delayed as defendants now are seeking to compel arbitration after 7 years of litigation.

Bait and Switch Complaint filed against Dell  To view the complaint filed in federal court seeking nationwide class action status for bait and switch tactics click here.

Illegal Advertising of Internet Gambling Suit filed against Search Engines  To view the complaint filed in state court seeking to stop sponsored ads of internet gambling to be displayed by Google, Yahoo and other search engines click here.

Proposals to Revise ND Cal Local Rules. Changes being discussed for handling securities fraud class actions. Click here to view.

Today's Securities Surprises

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