Stanford University Law School - Securities Class Action Clearinghouse

 

MILBERG WEISS BERSHAD
  HYNES & LERACH LLP
WILLIAM S. LERACH (68581)
600 West Broadway, Suite 1800
San Diego, CA 92101
Telephone: 619/231-1058
     - and -
REED R. KATHREIN (139304)
LISA C. ATKINSON (163320)
DAVID R. STICKNEY (188574)
222 Kearny Street, 10th Floor
San Francisco, CA 94108
Telephone: 415/288-4545

BARRACK, RODOS & BACINE
EDWARD M. GERGOSIAN (105679)
MATTHEW P. MONTGOMERY (180196)
600 West Broadway, Suite 1700
San Diego, CA 92101
Telephone: 619/230-0800

KAUFMAN, MALCHMAN, KIRBY
  & SQUIRE, LLP
JEFFREY H. SQUIRE
IRA M. PRESS
919 Third Avenue, 11th Floor
New York, NY 10022
Telephone: 212/371-6600

Attorneys for Movants

[Additional counsel appear on signature page.]

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

JAMES C. SMITH, et al., On Behalf of
Themselves and All Others Similarly
Situated,

                      Plaintiffs,

           vs.

ELECTRONICS FOR IMAGING, INC.,
et al.,

                      Defendants.
____________________________________

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No. C-97-4739-CAL

CLASS ACTION

DATE: April 10, 1998
TIME: 9:30 a.m.
COURTROOM: The Honorable
     Charles A. Legge

THE KHALED GROUP'S REPLY MEMORANDUM IN SUPPORT OF
MOTION TO BE APPOINTED LEAD PLAINTIFFS PURSUANT
TO §21D(a)(3)(B) OF THE SECURITIES EXCHANGE ACT OF 1934
AND FOR APPOINTMENT OF LEAD PLAINTIFFS' CO-LEAD COUNSEL

The Khaled Group submits the following Reply Memorandum in support of their motion to be appointed Lead Plaintiffs Pursuant to §21D(a)(3)(B) of the Securities Exchange Act of 1934 ("Exchange Act") and For Appointment of Lead Plaintiffs' Co-Lead Counsel (the "motion").

To the best of the Khaled Group's knowledge, their motion is unopposed. As set forth in their opening memorandum, the Khaled Group is presumptively the most adequate plaintiff and is well-qualified to represent the Class in this action. The Khaled Group satisfies each of the requirements of the Private Securities Litigation Reform Act of 1995 ("PSLRA") for the appointment of lead plaintiff. See 15 U.S.C. §78u-4(a)(3). Movants James C. Smith and Efren Rivera have withdrawn their own application to be appointed lead plaintiff in this action and join in the Khaled Group's motion.(1)

No other Class members have filed a competing motion for appointment as Lead Plaintiff and the time period in which Class members may move to be appointed lead plaintiff has expired. Accordingly, the Khaled Group respectfully requests that the Court grant this motion to appoint them Lead Plaintiffs in this action, and any other related actions that may be consolidated herewith in the future. Further, the Khaled Group requests the Court to approve their selected counsel, Milberg Weiss Bershad Hynes & Lerach LLP, Barrack, Rodos & Bacine, and Kaufman, Malchman, Kirby & Square LLP as Co-Lead Counsel for the class.

DATED: April 8, 1998

Respectfully submitted,

MILBERG WEISS BERSHAD
HYNES & LERACH LLP
WILLIAM S. LERACH
600 West Broadway, Suite 1800
San Diego, CA 92101
Telephone: 619/231-1058

MILBERG WEISS BERSHAD
  HYNES & LERACH LLP
REED R. KATHREIN
LISA C. ATKINSON
DAVID R. STICKNEY

______________________________
     LISA C. ATKINSON

222 Kearny Street, 10th Floor
San Francisco, CA 94108
Telephone: 415/288-4545

BARRACK, RODOS & BACINE
EDWARD M. GERGOSIAN
MATTHEW P. MONTGOMERY

______________________________
     EDWARD M. GERGOSIAN

600 West Broadway, Suite 1700
San Diego, CA 92101
Telephone: 619/230-0800

KAUFMAN, MALCHMAN, KIRBY
  & SQUIRE, LLP
JEFFREY H. SQUIRE
IRA M. PRESS
919 Third Avenue, 11th Floor
New York, NY 10022
Telephone: 212/371-6600

SCHIFFRIN CRAIG &
  BARROWAY, LLP
RICHARD S. SCHIFFRIN
ANDREW L. BARROWAY
Three Bala Plaza East
Suite 400
Bala Cynwyd, PA 19004
Telephone: 610/667-7706

BERNSTEIN LIEBHARD & LIFSHITZ
MEL E. LIFSHITZ
274 Madison Avenue
New York, NY 10016
Telephone: 212/779-1414

COHEN, MILSTEIN, HAUSFELD
  & TOLL, P.L.L.C.
STEVEN J. TOLL
999 Third Avenue, Suite 3600
Seattle, WA 98104
Telephone: 206/521-0080

CHESTNUT & BROOKS
KARL L. CAMBRONNE
3700 Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Telephone: 612/339-7300

LOWEY DANNENBERG BEMPORAD
& SELINGER, P.C.
RICHARD BEMPORAD
The Gateway
One North Lexington Avenue
White Plains, NY 10601
Telephone: 914/997-0500

SPECTOR & ROSEMAN, P.C.
ELLEN GUSIKOFF STEWART
600 West Broadway, Suite 1800
San Diego, CA 92101
Telephone: 619/338-4514

CHITWOOD & HARLEY
MARTIN D. CHITWOOD
2900 Promenade II
1230 Peachtree Street, N.E.
Atlanta, GA 30309
Telephone: 404/873-3900

Attorneys for Movants

EFII\JMI03932.BRF



1. See Withdrawal of Movants' Motion for Appointment of Lead Plaintiffs And Joinder In The Khaled Group's Motion To Be Appointed Lead Plaintiff, filed on March 20, 1998.



DECLARATION OF SERVICE BY MAIL
PURSUANT TO NORTHERN DISTRICT LOCAL RULE 23-2(c)(2)

I, the undersigned, declare:

1. That declarant is and was, at all times herein mentioned, a citizen of the United States and a resident of the County of San Francisco, over the age of 18 years, and not a party to or interested in the within action; that declarant's business address is 222 Kearny Street, 10th Floor, San Francisco, California 94108.

2. That on April 8, 1998, declarant served the THE KHALED GROUP'S REPLY MEMORANDUM IN SUPPORT OF MOTION TO BE APPOINTED LEAD PLAINTIFFS PURSUANT TO §21D(a)(3)(B) OF THE SECURITIES EXCHANGE ACT OF 1934 AND FOR APPOINTMENT OF LEAD PLAINTIFFS' CO-LEAD COUNSEL by depositing a true copy thereof in a United States mailbox at San Francisco, California in a sealed envelope with postage thereon fully prepaid and addressed to the parties listed on the attached Service List and that this document was forwarded to the following designated Internet site at:

http://securities.milberg.com

3. That there is a regular communication by mail between the place of mailing and the places so addressed.

I declare under penalty of perjury that the foregoing is true and correct. Executed this 8th day of April, 1998, at San Francisco, California.

_______________________________
CATHERINE B. MARASIGAN