A federal judge overseeing a class action against embattled telecom company Comverse Technology has vacated a magistrate judge's decision recommending the appointment of Lerach Coughlin Stoia Geller Rudman & Robbins as lead plaintiffs counsel. The decision is the most recent blow to the prominent securities class action firm. Last month a Texas federal judge granted lead plaintiffs' request to replace Lerach Coughlin in Archdiocese of Milwaukee Supporting Fund v. Halliburton.
Lerach's Bid for Lead Counsel Status Rejected in Comverse Class Action
New York Law Journal
March 6, 2007
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