MILBERG WEISS BERSHAD
HYNES & LERACH LLP
WILLIAM S. LERACH (68581)
PATRICK J. COUGHLIN (111070)
RANDI D. BANDMAN (145212)
HENRY ROSEN (156963)
600 West Broadway, Suite 1800
San Diego, CA 92101
Telephone: 619/231-1058
- and -
LENA C. CHANG (156280)
355 South Grand Avenue
Suite 4170
Los Angeles, CA 90071
Telephone: 213/617-9007
[Proposed] Chair of the Executive Committee for Plaintiffs
BARRACK, RODOS & BACINE
STEPHEN R. BASSER (121590)
600 West Broadway, Suite 1700
San Diego, CA 92101
Telephone: 619/230-0800
BERNSTEIN LITOWITZ BERGER &
GROSSMANN LLP
JEFFREY A. KLAFTER
VINCENT R. CAPPUCCI
1285 Avenue of the Americas
33rd Floor
New York, NY 10019
Telephone: 212/554-1400
KAUFMAN, MALCHMAN, KIRBY
& SQUIRE, LLP
JEFFREY H. SQUIRE
IRA M. PRESS
919 Third Avenue, 11th Floor
New York, NY 10022
Telephone: 212/371-6600
[Proposed] Executive Committee for Plaintiffs
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
ALAN FRIEDMAN, On Behalf of Himself and
All Others Similarly Situated,
Plaintiff,
vs.
SYBASE, INC., et al.,
Defendants.
___________________________________
No. C-98-0252-CAL
CLASS ACTION
DATE: May 1, 1998
TIME: 9:30 a.m.
COURTROOM: The Honorable
Charles A. Legge
DECLARATION OF RANDI D. BANDMAN IN SUPPORT OF THE SYBASE
PLAINTIFFS' GROUP'S MOTION TO BE APPOINTED LEAD PLAINTIFFS
PURSUANT TO §21D(a)(3)(B) OF THE SECURITIES EXCHANGE ACT OF 1934
AND FOR APPROVAL OF LEAD PLAINTIFFS' CHOICE OF LEAD COUNSEL
I, RANDI D. BANDMAN, declare:
1. I am an attorney duly licensed to practice law. I am a partner in the law firm of Milberg Weiss Bershad Hynes & Lerach LLP, counsel for Movants -- the Sybase Plaintiffs' Group.
2. I make this declaration in support of the Sybase Plaintiffs' Group's Motion to be Appointed Lead Plaintiffs Pursuant to §21D(a)(3)(B) of the Securities Exchange Act of 1934 and for Approval of Lead Plaintiffs' Choice of Lead Counsel. I have personal knowledge of the facts stated in this declaration and, if called as a witness, could competently testify to them.
3. Attached hereto are true and correct copies of the following documents:
Exhibit 1: Chart of Movants' Purchases, Sales and Losses for Sybase, Inc. stock;
Exhibit 2: Relevant excerpts of §21D of the Securities Exchange Act of 1934 (15 U.S.C. §78u-4);
Exhibit 3: Notice published in Friedman v. Sybase, Inc., C-98-0252-CAL, on January 23, 1998;
Exhibit 4: Order re Appointment of Lead Plaintiff and Lead Counsel, In re Diamond Multimedia Systems, Inc. Sec. Litig., No. 96-2644-SBA (N.D. Cal. Jan. 13, 1997);
Exhibit 5: Order re Motion to Appoint Lead Plaintiff, City Nominees Ltd. v. Macromedia, Inc., Lead No. C-97-3521-SC (N.D. Cal. Jan. 23, 1998);
Exhibit 6: Order Granting Plaintiffs' Motion for Appointment of Lead Plaintiff and Lead Counsel, In re Read-Rite Corp. Sec. Litig., No. C-97-20059-RMW (N.D. Cal. May 23, 1997);
Exhibit 7: Order Granting Plaintiffs Group's Motion for Appointment of Lead Plaintiffs, Malin v. IVAX Corporation, et al., No. 96-1843-CIV-MORENO (S.D. Fla. Nov. 1, 1996);
Exhibit 8: Order Granting Joint Motion for Lead Plaintiffs and Lead Counsel, Zuckerman v. Foxmeyer Health Corp., No. 3:96-CV-2258-T (N.D. Tex. Mar. 28, 1997);
Exhibit 9: Order, Chan v. Orthologic Corp., No. CIV 96-1514 PHX RCB (D. Ariz. Dec. 19, 1996);
Exhibit 10: Order Granting Plaintiffs' Motion to be Appointed Lead Plaintiffs, Powers v. Eichen, Civ. No. 96-1431-B(AJB) (S.D. Cal. Nov. 15, 1996);
Exhibit 11: Movants' Signed Certifications Pursuant to Federal Securities Laws;
Exhibit 12: Firm Resume of Milberg Weiss Bershad Hynes & Lerach LLP;
Exhibit 13: Firm Resume of Barrack Rodos & Bacine;
Exhibit 14: Firm Resume of Bernstein Litowitz Berger & Grossmann, LLP; and
Exhibit 15: Firm Resume of Kaufman, Malchman, Kirby & Squire, LLP.
I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. If called as a witness, I could and would competently testify thereto. Executed this 23rd day of March, 1998, at San Diego, California.
___________________________________
RANDI D. BANDMAN
SYBASE2\ML00245.DEC
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 Diego, over the age of 18 years, and not a party to or interested in the within action; that declarant's business address is 600 West Broadway, Suite 1800, San Diego, California 92101.
2. That on March 23, 1998, declarant served the DECLARATION OF RANDI D. BANDMAN IN SUPPORT OF THE SYBASE PLAINTIFFS' GROUP'S MOTION TO BE APPOINTED LEAD PLAINTIFFS PURSUANT TO §21D(a)(3)(B) OF THE SECURITIES EXCHANGE ACT OF 1934 AND FOR APPROVAL OF LEAD PLAINTIFFS' CHOICE OF LEAD COUNSEL by depositing a true copy thereof in a United States mailbox at San Diego, 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 23rd day of March, 1998, at San Diego, California.
______________________________
SUSAN MILLER