Sarraf Gentile LLP Announces Class Action Lawsuit Against Municipal Mortgage & Equity, LLC

NEW YORK, NY between January 30, 2003 and January 28, 2008, inclusive (the "Class Period"). The class action was filed in the Southern District of New York.

The complaint alleges that during the Class Period the Company, and certain of its officers and/or directors, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities.

No class has yet been certified in the action. Until a class is certified, you are not represented by counsel unless you retain one. Sarraf Gentile LLP has not filed a lawsuit against the defendants.

If you hold or otherwise acquired shares of MMA during the Class Period and want to discuss your legal rights, you may e-mail or call Sarraf Gentile LLP who will, without obligation or cost to you, attempt to answer your questions. Sarraf Gentile LLP is active in major class action litigations pending across the nation. You may contact Sarraf Gentile LLP at 11 Hanover Square, New York, New York 10005 (telephone: [phone]; e-mail: [e-mail]).

ATTORNEY ADVERTISING. Prior results do not guarantee a similar outcome.

Contact: Joseph Gentile Email Contact SARRAF GENTILE LLP 11 Hanover Square New York, NY 10005 T 212.868.3610 F 212.918.7967 www.sarrafgentile.com