Levi & Korsinsky, LLP - LEVI & KORSINSKY, LLP ANNOUNCES A NATIONWIDE CLASS ACTION INVESTIGATION IN AUCTION RATE SECURITIES LOSSES

NEW YORK, March 11, 2008 - Levi & Korsinsky, LLP (zlk.com) is investigating declared balance artifice in affiliation with the auction of Auction Rate Securities by Citigroup, Inc (NYSE: C), Bear Sterns (NYSE: BSC), Goldman Sachs (NYSE: GS), J.P. Morgan Securities, Lehman Brothers Holdings (NYSE: LEH), Merrill Lynch (NYSE: MER), Morgan Stanley (NYSE: MS), RBC Dain Rauscher, Wachovia Corp. (NYSE: WB), UBS (NYSE: UBS), H&R Block (NYSE: HRB), E*Trade (NASDAQ: ETFC)(collectively “Broker-Dealers”).

On May 31, 2006, an analysis conducted by the Securities Exchange Commission (“SEC”) appear that the Auction Rate Securities were manipulated by assertive broker-dealers administering the auctions. Among added things, the SEC declared that these broker-dealers break intervened in sales and collaborated with advantaged barter by allurement them to bid at auctions and again compensating them with higher-than-clearing ante in the accessory market. The broker-dealers affianced in such bazaar manipulations in adjustment to abutment the “no bootless auction” business affirmation so that investors would accept the Auction Rate Securities arrangement bazaar was convalescent than it in actuality was. As a result, assertive of the Broker Dealers declared aloft paid a absolute of $13 actor in fines, were accusable by the SEC and ordered to “cease and desist” from committing approaching violations.

Any individuals who purchased Auction Rate Securities from the Broker-Dealers may accept acknowledged rights to balance for any amercement incurred. Information about Auction Rate Securities is accessible at www.auctionratehelp.com.

For added advice apropos your acknowledged rights, amuse acquaintance Eduard Korsinsky, Esq. or Juan E. Monteverde, Esq. of Levi & Korsinsky, LLP at 212-363-7500 or via e-mail at info@zlk.com.

CONTACT: Levi & Korsinsky, LLP
39 Broadway, Suite 1601
New York, NY 10006
Eduard Korsinsky, Esq.
Juan E. Monteverde, Esq.
Tel: (212) 363-7500
Fax: (212) 363-7171
Email: info@zlk.com
Website: www.zlk.com

Levi & Korsinsky, LLP has ability in prosecuting broker balance action and all-encompassing acquaintance in accomplishments involving banking fraud. Levi & Korsinsky, LLP represents investors throughout the nation, apperception its convenance in balance and actor litigation.