Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-04518/USCOURTS-cand-3_05-cv-04518-13/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1331 Fed. Question: Securities Violation

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United States District Court

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

RONALD SIEMERS, individually and on

behalf of all others similarly situated,

Plaintiff,

 v.

WELLS FARGO & CO.; WELLS FARGO

FUNDS MANAGEMENT, LLC; WELLS

CAPITAL MANAGEMENT, INC.; H.D.

VEST INVESTMENT SERVICES; WELLS

FARGO INVESTMENTS, LLC; STEPHENS,

INC.; and WELLS FARGO FUNDS TRUST,

Defendants. /

No. C 05-04518 WHA

ORDER APPROVING CHANGE

OF LEAD COUNSEL

Lead plaintiff Ronald Siemers asks to change the law firm that serves as lead counsel for

him and the putative class. He wishes to remain with his main attorney, Michael Reese, who

recently left Milberg Weiss Bershad & Schulman LLP and has become a partner at Gutride

Safier LLP. Based on the Court’s review of statements from lead plaintiff and Mr. Reese, the

elimination of Milberg Weiss and the substitution in of Gutride Safier as lead counsel are

justified. Milberg Weiss was indicted recently. Its prospects are uncertain. Mr. Reese has

demonstrated skill and has a wealth of knowledge about this action. Lead plaintiff’s desire to

Case 3:05-cv-04518-WHA Document 114 Filed 06/30/06 Page 1 of 2
United States District Court

For the Northern District of California

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change firms is a proper exercise of his fiduciary duties to the class. Milberg Weiss Bershad &

Schulman LLP is no longer counsel in this action. It is replaced with Gutride Safier LLP. 

IT IS SO ORDERED.

Dated: June 30, 2006 

WILLIAM ALSUP

UNITED STATES DISTRICT JUDGE

Case 3:05-cv-04518-WHA Document 114 Filed 06/30/06 Page 2 of 2