SEATTLE, Feb. 15 2005 – LAWFUEL – The Law News Network – The Law Firm …

SEATTLE, Feb. 15 2005 – LAWFUEL – The Law News Network – The Law Firm of Klayman & Toskes, P.A. (“K&T”)( http://www.nasd-law.com ), representing numerous Microsoft, Inc. (Nasdaq: MSFT) Employee Stock Option Plan (“ESOP”) participants in securities
arbitration lawsuits, continues to pursue claims on behalf of Microsoft
employees after receiving favorable arbitration decisions.

K&T has filed numerous claims on behalf of Microsoft ESOP participants and
other investors with concentrated stock holdings against securities firms who
have mismanaged their clients’ portfolios. The claims focus on the
mismanagement of clients’ portfolios, due to the fact that there were risk
management strategies available that would have protected the value of the
concentrated margined portfolio. One such strategy is implementing a “zero
cost” collar. Recently, K&T obtained a favorable award against UBS/Paine
Webber for a Microsoft ESOP participant. The amount awarded represented 47%
of the claimant’s out-of-pocket losses. However, the amount awarded against
UBS/PaineWebber represented 100% of the employee’s damages had UBS/PainWebber implemented the “zero cost” collar strategy.

Similarly, K&T received another
favorable award against Smith Barney for a WorldCom ESOP participant. In both
cases, K&T was able to successfully demonstrate that these ESOP participants
received unsuitable investment advice from their full service brokerage firms.
Due to these recent successes, K&T firmly believes that it can and will
continue to aid investors under similar circumstances.

The sole purpose of this release is to investigate, on behalf of our
clients, sales practice violations of licensed brokers at major brokerage
firms. Presently, K&T continues to represent many Microsoft employees, as well
as numerous others, who have claims against Wall Street brokerage firms before
the New York Stock Exchange and the National Association of Securities Dealers
for securities violations including the misuse of margin, the misuse of stock
option plans, failure to supervise, unsuitability claims, misrepresentation
and material omissions of fact.

K&T has offices in California, Florida and New York and represents
investors throughout the nation. If you wish to discuss this announcement or
have information relevant to our securities arbitration claims, please contact
Lawrence L. Klayman, Esquire of Klayman & Toskes, P.A., 888-997-9956 or visit
us on the web at http://www.nasd-law.com .

http://www.nasd-law.com

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