New Jersey Appointed Lead Plaintiff in Motorola Securities Fraud Class Action -- MOT


NEW YORK, July 21, 2003 (PRIMEZONE) -- The Honorable Rebecca R. Pallmeyer, a United States District Court Judge for the Northern District of Illinois, has appointed the State of New Jersey, Department of Treasury, Division of Investment, the lead plaintiff in a consolidated securities fraud class action pending before her. The class action covers investors who purchased Motorola (NYSE:MOT) securities during the period February 3, 2000 through May 14, 2001.

The District Court further appointed Wolf Popper LLP and Lite DePalma Greenberg & Rivas, LLP as co-lead counsel for New Jersey and the plaintiff class.

Lester L. Levy, the Chairman of Wolf Popper's Executive Committee, stated that "we are pleased that the Court recognized the qualifications of the State of New Jersey to prosecute this action on behalf of all investors."

Investors seeking additional information concerning the prosecution of this lawsuit should contact:



 Wolf Popper LLP
 Robert C. Finkel, Esq.
 845 Third Avenue, New York, NY 10022
 Tel.: 212-451-9620 or 877-370-7703 (toll free)
 Fax: 212-486-2093 or 877-370-7704 (toll free)
 Email: irrep@wolfpopper.com
 website: www.wolfpopper.com

More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca