Deadline Announced for ‘Lead Plaintiff’ Applications in Pending Shareholder Lawsuit Against First Marblehead Corporation

DENVER, April 18, 2008 (Lawfuel) — Dyer & Berens LLP
(www.berenslaw.com) today encouraged persons who purchased or otherwise
acquired the publicly-traded securities of The First Marblehead
Corporation (NYSE:FMD) between August 10, 2006 and April 7, 2008,
inclusive (the “Class Period”) to contact Jeffrey A. Berens, Esq. at
1-888-300-3362, 303-861-1764 or via email at [email protected], or
their counsel of choice, concerning their rights and interests in the
recently-filed shareholder class action lawsuits.

If you purchased or acquired First Marblehead securities during the
Class Period, you may have the legal right to petition the court to be
appointed a “lead plaintiff.” Any such request must satisfy certain
criteria and be made on or before June 9, 2008.

The shareholder lawsuits allege, among other things, that First
Marblehead and some of its officers and directors violated the federal
securities laws by making materially false and misleading statements
about the performance and quality of First Marblehead’s securitizations
in SEC filings and other statements made to the investing public.

Dyer & Berens LLP specializes in complex class action litigation on
behalf of injured investors throughout the nation. The firm’s extensive
experience in securities litigation, particularly in cases brought
under the Private Securities Litigation Reform Act, has contributed to
the recovery of hundreds of millions of dollars for aggrieved
investors. Its attorneys have served as lead or liaison counsel in many
securities fraud class actions, including: In re Qwest Comm’ns Int’l
Sec. Litig.; Croker v. Carrier Access Corp.; UFCW Local 880-Retail
Employers Joint Pension Fund v. Newmont Mining Corp.; Rasner v.
FirstWorld Comm’ns, Inc.; In re ICG Comm’ns Sec. Litig.; Angres v.
Smallworldwide, PLC; In re Ultimate Electronics, Inc. Sec. Litig.;
Kerns v. SpectraLink Corp.; Queen Uno Ltd. v. Coeur d’Alene Mines
Corp.; Toothman v. One-Stop Wireless of America; Gregg v. Sport-Haley,
Inc.; and In re Tele-Communications, Inc. Sec. Litig.

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