December 2, 2008

Jay L. Himes, Former Antitrust Bureau Chief for the New York Attorney General, Has Joined Labaton Sucharow LLP as Partner and Co-Chair, Antitrust Practice Group

NEW YORK (December 2, 2008) Labaton Sucharow LLP announced today that Jay L. Himes, former Chief of the Antitrust Bureau for the Office of the Attorney General of the State of New York, has joined the Firm as a Partner and Co-Chair of its Antitrust Practice Group.

During his seven-year plus tenure as Chief of the Antitrust Bureau, Mr. Himes led significant and high-profile antitrust actions, including In re Buspirone Litigation ($100 million settlement), In re DRAM Litigation ($90 million partial settlement; case on-going), In re Cardizem Litigation ($80 million settlement), and In re Compact Disc Litigation ($67 million settlement). Under Mr. Himes' leadership, the Antitrust Bureau secured its two largest civil penalty recoveries ever under the Donnelly Act, the State's antitrust statute. Mr. Himes also was a principal representative in the marathon 2001 settlement negotiations in the government's monopolization case against Microsoft, and thereafter led on-going State enforcement activity.

"We are very privileged to have someone of Jay's caliber join our Firm," said Lawrence A. Sucharow, the Chairman of Labaton Sucharow LLP."Jay is recognized as a leader in the antitrust bar and he is the perfect addition to our growing and accomplished Antitrust Practice Group that has long been on the front lines of protecting consumers from anticompetitive activities."

Labaton Sucharow's Antitrust Practice Group has obtained major recoveries in a variety of complex disputes.The Firm represents businesses and consumers in Class Actions to combat price-fixing schemes, monopolization, and other anticompetitive, unfair, and deceptive business practices.

"In today's challenging economic environment, more than ever, we must be mindful of the anticompetitive schemes businesses may engage in which ultimately harm businesses and consumers.While I enjoyed prosecuting such wrongs for the State of New York, I am truly delighted to be joining a quality group of lawyers at Labaton Sucharow and I look forward to adding to the Firm's impressive record of successful recoveries for victims of anticompetitive conduct," said Mr. Himes.

A graduate of the University of Wisconsin Law School, Mr. Himes participates in antitrust, litigation and information technology groups in the New York State, City and American Bar Associations. Prior to his position with the Attorney General's office, Mr. Himes practiced complex litigation for more than 20 years at Paul, Weiss, Rifkind, Wharton & Garrison LLP.