NETLIST, INC. (NASDAQ: NLST) INSIDERS SELL

JUNE 6, 2007


Netlist, Inc. (NASDAQ: NLST) had its Initial Public 
Offering on or about November 30, 2006. 

It has been alleged that the Company was not forthcoming 
at the time of its IPO and that there was a failure to 
conduct an adequate due diligence investigation into the
Company prior to the IPO. Specifically, it is alleged the
Company failed to reveal prior to the IPO that it was 
already witnessing adverse effects of an oversaturated 
computer memory market. This was not disclosed despite 
the fact that defendants knew or should have known that 
the Company had no exit strategy to allow it to minimize
adverse market conditions, contrary to prior 
representations in road-show presentations to analysts 
and investors prior to the IPO. Nor did Netlist disclose 
these facts in media interviews following the IPO. 

But eventually the true condition of the Company would 
be revealed. On April 16, 2007, after the close of 
trading, Netlist disclosed that problems which existed 
at the time of the IPO would result in extremely 
disappointing results for the first quarter of 2007. 
Moreover, the Company admitted that it was performing 
well below guidance, earnings would be almost 75% lower 
than previous forecasts and that expenses were higher 
than expected. 

Not surprisingly, Netlist stock collapsed the next 
trading day. The stock dropped almost 30% on a huge 
volume. 

This was devastating news for shareholders who were 
stunned by the announcement. However, before the bad 
news was revealed, Company insiders liquidsted over 
$6.5 million of their shares. We are investigating 
this matter and if you are an affected investor you 
may wish to contact us to discuss your options. 


Trouble for Sterling Financial Corp (NASDAQ: SLFI) Investors

Investors of Sterling Financial Corp (NASDAQ: SLFI) 
have been stunned by two announcements. 

First, on April 30, 2007, the Company announced that 
it expected to restate its previously issued financial
statements for Fiscal Year through and including Fiscal 
Year 2006 in connection with certain accounting 
irregularities at its EFI wholly owned subsidiary. At 
the same time, Sterling announced that EFI's CEO and 
President had voluntarily relinquished his positions. 
After this announcement. Sterling's stock dropped 
nearly 20%. 

Subsequently, on May 24, 2007, Sterling announced the
preliminary results from its ongoing investigation. It 
is alleged that the investigation revealed evidence of 
a sophisticated loan scheme, orchestrated deliberately 
by certain EFI officers and employees over an extended 
period of time to conceal credit delinquencies, falsify 
financing contracts and related documents, and subvert
established internal controls established by Sterling.
Following this announcement, Sterling's stock fell 
almost 40% on May 25, the following trading day. 

Investors who purchased Sterling Financial between 
April 24, 2004 and May 24, 2007 are affected. If you 
are affected investor you may wish to contact is to 
discuss your options. 


Now with respect to securities cases that have recently settled. If you are an affected investor - you purchased any of these stocks during the relevant class period, you may wish to contact the claims administrator to obtain additional information. Remember, if you don't submit your claim form, you won't receive your share of any settlement.

Catalina Marketing Corp. (POS)
Class Period: October 14, 1999 to August 25, 2003
Claim Deadline: May 21, 2007
Claims Administrator: Gilardi

Spear & Jackson, Inc. (SJCK)
Class Period: February 1, 2002 to April 1, 2003
Claims Deadline: June 26, 2007
Claims Administrator: Garden City

Information regarding other recent settled cases, including the cases listed below can be found at www.securitiessleuth.com.

Winstar Communications (WCII)
Ibis Technology Corp. (IBIS)
Astropower, Inc. (APWR)

Again, you should contact the claims administrator (rather than us). However, if you are an affected investor in any of the companies under investigation, you many wish to contact us so that you can consider your options. 

Likewise, if you happen to be aware of corporate restatements or other financial fraud -- especially if you're a victim -- you're encouraged to contribute to the Sleuth by giving your own tip-offs at http://securitiessleuth.typepad.com or by e-mailing info@securitiessleuth.com.

You can also call Mark McNair at 877-511-4717. If you have a friend or colleague you think would benefit from The Sleuth, please pass along this issue and ask them to sign up at 
http://www.cartville.com/app/join.asp?MerchantID=47994.

Warmest regards,

Mark McNair


 ©2007, ALL RIGHTS RESERVED, SECURITIES SLEUTH