On June 2, 2003, in approving an extraordinary $334 million settlement on behalf of Rite Aid shareholders, which was negotiated by Sherrie Savett, Esq., Chair of Berger & Montague's Securities Litigation Department, Judge Stewart Dalzell of the United States District Court for the Eastern District of Pennsylvania stated as follows:

"Co-lead counsel here -- Berger & Montague, P.C. . . . -- were extraordinarily deft and efficient in handling this most complex matter.  They were at least eighteen months ahead of the United States Department of Justice in ferreting out the conduct that ultimately resulted in the write-down of over $1.6 billion in previously reported Rite Aid earnings.  Their attention to detail was such that when Rite Aid's financial concerns led to its willingness to consider renegotiating the non-cash portion of the Rite Aid I settlement, counsel -- aided by investment advisors Wilber Ross and Bear Stearns -- ultimately monetized the entire settlement and gained the class interest of $14,435,104 when interest rates were the lowest they have been in over forty years.  In short, it would be hard to equal the skill class counsel demonstrated here."

In Re Rite Aid Corp. Securities Litig., 2003 U.S. Dist. LEXIS 9459 (E.D. Pa. June 2, 2003) (emphasis added).