CAR_Public/020805.mbx                C L A S S   A C T I O N   R E P O R T E R
  
                Monday, August 5, 2002, Vol. 4, No. 153

                              Headlines

APARTHEID LITIGATION: Tutu Says Banks Should Pay For Apartheid Support
APARTHEID LITIGATIONS: South African Group To Include Shell in Lawsuit
CHARTER COMMUNICATIONS: Mounting Vigorous Defense V. Securities Suit
ENTERTAINMENT INDUSTRY: Actors, Writers To Fight Hollywood's Age Bias
FLORIDA: Judge Allows FL Suit Over Blacks' Voting Rights To Proceed

GREENLEE TEXTRON: Recalls Electrical Testing Meters For Shock Hazard
MBA POLYMERS: Injury Suit Settlement Stalled as 36T Claims Pour In
NEW MEXICO: Inmates File Suit V. Luna Jail Over Book-Banning Policy
PEMSTAR INC.: Will Vigorously Defend V. Securities Suit in Minnesota
PENNSYLVANIA: Ruling Creating Bucks County Oversight Board Upheld

RAFFLES TOWN: Closing Arguments Submitted In Breach of Contract Suit
SOURCE MEDIA: Fairness Hearing For Suit Settlement Set For October 2002
UNITED KINGDOM: Liability Insurers Told Faulty Products Suits On Rise
UNITED STATES: Americans Used As Bait To Get Public Support For WWII
US NAVY: Rep. Jones To Investigate Bias Assertions V. Chaplain Corps

                      New Securities Fraud Cases    

26% GOALS: Kirby McInerney Commences Securities Fraud Suit in S.D. NY
CAPITAL ONE: Wolf Haldenstein Commences Securities Suit in E.D. VA
CHARTER COMMUNICATIONS: Charles Piven Commences Securities Suit in CA
CITIGROUP INC.: Kaplan Fox Commences Securities Fraud Suit in S.D. NY
CITIGROUP INC.: Stull Stull Commences Securities Fraud Suit in S.D. NY

CRYOLIFE INC.: Rabin & Peckel Commences Securities Fraud Suit in GA
ECLIPSYS CORPORATION: Cauley Geller Launches Securities Suit in S.D. FL
ECLIPSYS CORPORATION: Schiffrin & Barroway Files Securities Suit in FL
EL PASO: Cauley Geller Commences Securities Fraud Suit in S.D. Texas
EMPYREAN BIOSCIENCE: Rosen Law Commences Securities Suit in N.D. OH

ICN PHARMACEUTICALS: Kirby McInerney Launches Securities Suit in NY
NICOR INC.: Charles Piven Commences Securities Fraud Suit in N.D. IL
PEMSTAR INC.: Mark McNair Commences Securities Fraud Suit in Minnesota
PERKINELMER INC.: Mark McNair Launches Securities Suit in Massachusetts
SONUS NETWORKS: Wechsler Harwood Commences Securities Suit in MA Court

TELLABS INC.: Much Shelist Commences Securities Fraud Suit in N.D. IL
UNIROYAL TECHNOLOGIES: Bernstein Liebhard Files Securities Suit in FL
VIVENDI UNIVERSAL: Mark McNair Commences Securities Suit in S.D. NY
VIVENDI UNIVERSAL: Charles Piven Commences Securities Suit in S.D. NY
XCEL ENERGY: Milberg Weiss Commences Securities Fraud Suit in MN Court

                            *********


APARTHEID LITIGATION: Tutu Says Banks Should Pay For Apartheid Support
----------------------------------------------------------------------
Swiss banks should pay compensation to the victims of South Africa's
apartheid regime, Nobel Peace Prize laureate Bishop Desmond Tutu said,
the Associated Press Newswires report.

"They should pay.  They can afford it. And they should pay it with
dignity," Bishop Tutu said, to the weekly newsmagazine Facts, in a
recent interview.  His comments followed the filing of a class action
in the United States on behalf of apartheid victims and seeking
billions of dollars in damages from corporations and banks, including
the two foremost Swiss banks, UBS and Credit Suisse.  

The banks are charged with hiding behind Swiss neutrality and
undermining a UN embargo between 1985 and 1993, by helping the white-
dominated regime of South Africa with loans and other business deals
worth billions of dollars, as foreign capital fled the country.

The lawsuit was filed by a group of lawyers in US District Court in
Manhattan, seeking to follow a precedent established in litigation on
behalf of Holocaust victims or their survivors, who gained a US$1.25
billion settlement from Swiss banks and corporations.  The lawyers are
hoping that hundreds of thousands of South Africans will join the
lawsuit.

Bishop Tutu, the former archbishop of Capetown, who headed South
Africa's Truth and Reconciliation Commission following the end of
apartheid, said demands that foreign companies stop dealing with the
apartheid company fell on deaf ears.  Bishop Tutu said that the banks
were asked to give no more credit to the apartheid regime, but they
said "business is business; don't talk to us about morality."  
Archbishop Tutu says, "They would have done business with the devil."

Apartheid was an oppressive web of laws starting in 1948 that
classified all South Africans by race and stripped even the most basic
right from those who were not white.  As efforts to overthrow the white
regime grew, the government authorities began jailing opponents,
killing others without benefit of a trial and chasing still others from
their homes.  The regime ended in 1994 with the election of Nelson
Mandela as president in the nation's first all-race elections.

The South African government has distanced itself from this class
action for apartheid reparations.  While Citigroup, the largest
financial institution in the United States, says there are no grounds
for the class action, Bishop Tutu says that compensation is the least
that firms that supported the apartheid government can do.

"All corporations that did business with the apartheid regime should
know that they are in the line of fire," he added.


APARTHEID LITIGATIONS: South African Group To Include Shell in Lawsuit
----------------------------------------------------------------------
The Apartheid Claims Taskforce, a South African task force seeking
billions of dollars from foreign companies alleged to have bolstered
white apartheid rule, intends to add Royal Dutch Shell to a planned
lawsuit, Reuters reports.

Taskforce spokesman John Ngcebetsha told Reuters that lawyers would
cite oil giant Shell (RD)(SHEL), alleged to have helped white-ruled
South Africa circumvent an anti-apartheid oil embargo, next.  "We have
filed against seven companies and corporations so far and, in the next
few weeks, probably before August 9, we will file against another two
or three companies including Royal Dutch Shell," Ngcebetsha said.

The first apartheid suit, filed by prominent US attorney Ed Fagan is
set to go to court in August 9.  Mr. Fagan will ask the court to create
an order preserving evidence in corporate files of complicity in the
racist system.

Mr. Ngcebetsha told Reuters lawyers, churches and civic groups met in
Johannesburg on Thursday to assess progress in their class action suit
on behalf of millions of blacks.  "It was resolved that claims against
banks, companies and corporations that profiteered from apartheid
should go ahead in a more united way in the future," he said.

Mr. Fagan told Reuters in July that the case could involve dozens of
companies that continued to invest in South African during apartheid,
defying international sanctions.  He said the process could win
reparations of up to $100 billion for the black victims.

U.S. lawyer Michael Hausfeld, who has worked with Fagan on some cases
and has a similar track record of class actions on behalf of victims of
war and racism, arrived in South Africa on Wednesday to explore a
similar action, Reuters reports.

"What is probably one of the grossest violations of human rights was
imposed by apartheid. It left a wake of victims that have never been
accounted to by those who assisted and furthered the commission of the
crime," he told Reuters.


CHARTER COMMUNICATIONS: Mounting Vigorous Defense V. Securities Suit
--------------------------------------------------------------------
Charter Communications, Inc. (Nasdaq:CHTR) faces a securities class
action in the United States District Court for the Central District of
California on behalf of all persons who purchased the Company's
securities. (Nasdaq:CHTR) between November 9, 1999 and July 17, 2002,
inclusive.

The suit charges the Company and certain of its officers and directors
with violations of federal securities laws.  Among other things,
plaintiff claims that defendants' material omissions and the
dissemination of materially false and misleading statements regarding
the nature of the Company's revenue and earnings caused Company stock
price to become artificially inflated, inflicting damages on investors.

David Andersen, Charter Senior Vice President of Communications, said
in a statement, "Our financial statements comply with generally
accepted accounting principles, in all material respects, and they, and
the related SEC filings, provide an accurate picture of the Company,
its financial condition, results of operations, and the assumptions
underlying them. KPMG was retained as our new outside independent
auditors on April 22, 2002."

He added, "They have issued a review report that will be included with
our second quarter 10-Q filing with the SEC. In this report, KPMG has
indicated that they are not aware of any material modifications that
should be made to the financial statements they have reviewed in order
for our financial statements to be in conformity with generally
accepted accounting principles."

He further said, "We intend to vigorously defend ourselves against this
action, and believe that our financial reports and disclosures will be
validated."


ENTERTAINMENT INDUSTRY: Actors, Writers To Fight Hollywood's Age Bias
---------------------------------------------------------------------
When it came time to hire a crew for his new film, "4 Faces," veteran
character actor Peter Mark Richman favored experience over youth,
according to the Associated Press Newswires.  The 75-year-old actor
hired the camera operator who worked on the 1980 film, "Somewhere In
Time," and the script supervisor for the classic film, "Easy Rider."

"These people are 75 or 80 years old, with resumes going back 50 years,
who really can't get jobs," said Mr. Richman.  "There are so many vital
people, so many gems of experience, who are lost doing other things,
because they are rejected in this profession."

Mr. Richman is one of several entertainment industry professionals, who
are forming a group to lobby producers and networks for more roles for
older actors and to support similar legislative efforts, as well.  The
group, called the Industry Coalition for Age Equity in the Media, has
the backing of the Screen Actors Guild, The American Federation of
Television and Radio Artists and the California Commission on Aging.  
Therefore, it has all the credentials for effective lobbying, and even
for sponsorship of class actions.

As an initial activity, the coalition is supporting legislation pending
in the California's state legislature that would, among other things,
launch a media campaign to change cultural perceptions of the aging.

There is another model out there for the coalition to consider, since
charges of age discrimination in Hollywood have been brewing for some
time.  In February, more than 150 television writers filed 23 separate
class actions in Los Angeles Superior Court against the major
television networks, movie studios and talent agencies.  The writers
claim the defendants engaged in a pattern of refusing to hire or
represent them because of their age.


FLORIDA: Judge Allows FL Suit Over Blacks' Voting Rights To Proceed
-------------------------------------------------------------------
Federal Judge Alan Gold ruled in favor of the National Association for
Advancement of Colored People (NAACP) and other civil liberties groups
in a class action relating to presidential election problems that kept
African-Americans from voting in Florida, the Associated Press reports.

Judge Gold rejected the state's motion for summary judgment and allowed
the suit to proceed, saying that the plaintiffs have met the standard
for pursuing their lawsuit.  Trial is set to commence on August 26, in
what will be the first major test of Florida's revised election system.

According to the Associated Press, two counties, Duval and Volusa, are
pursuing settlement agreements rather than pursuing a trial.  Only
three of Florida's largest counties - Miami-Dade, Hillsborough and
Orange - are named as defendants along with state agencies.

NAACP attorney Thomasina Williams told AP she hoped Judge Gold's order
would persuade others to settle.  "Unfortunately, there seem to be some
defendants who are pretty recalcitrant.There's definitely going to be a
trial."

The state Division of Elections referred a call for comment to its
attorneys, and calls to them were not immediately returned, AP reports.

"I know what kind of election we conducted," Hillsborough County
Election Supervisor Pam Iorio, told AP.  "To have us targeted as a
county that denied individuals voting rights is wrong."

Orange County Elections Supervisor Bill Cowles, said, "At this point,
we are still preparing to go forth and defend our stance."

Susan Torres, an attorney for Miami-Dade, said the county is still
negotiating with the civil rights groups but is prepared to go to
trial.

The judge's ruling allows all blacks who claim they were improperly
kept from voting in the presidential race decided by the US Supreme
Court to participate in the suit.  The class has been split into three
main groups:

     (1) People turned away from the polls,

     (2) Those dropped from voter rolls after they were wrongly
         identified as convicted felons, and

     (3) those whose registration was not properly processed


GREENLEE TEXTRON: Recalls Electrical Testing Meters For Shock Hazard
--------------------------------------------------------------------
Greenlee Textron, Inc. is cooperating with the US Consumer Product
Safety Commission (CPSC) by voluntarily recalling about 650 electrical
testing meters.  The meters are used to measure voltage and current of
electric-powered equipment.  

An incompatible grommet, located in the battery compartment to protect
internal wires, can cause the meter to provide inaccurate voltage and
current readings.  A meter that inaccurately indicates zero voltage or
current creates the potential for electric shock or an electrocution
hazard from the equipment being tested.
        
The Company has not received any reports of injuries or property
damage. This recall is being conducted to prevent the possibility of
injuries.  
        
This recall involves certain CM-700 and CM-750 electrical meters.  The
8-inch meters are dark green with bright yellow features.  The model
number and the words "Greenlee Test Instruments" are printed across the
front of the meter.  A silver plate on the back of the meter displays
the serial number (S/N). Serial numbers included in the recall range
from 0203540001 through 0203540650. The electrical meters were made in
Taiwan.
        
Home Depot (model CM-750 only) and electrical supply stores sold the
meters nationwide during April 2002.  The CM-700 model sold for about
$100, and the CM-750 for about $140.
        
For more details, contact the Company by Phone: 800-435-0786 between 8
am to 5 pm CT Monday through Friday or visit the firm's Website:
http://www.greenlee.textron.com


MBA POLYMERS: Injury Suit Settlement Stalled as 36T Claims Pour In
-------------------------------------------------------------------
Plaintiffs in the class action against plastic recycler MBA Polymers
will not receive their portions of the $8 million suit settlement until
fall, as the Company recently received more than 36,000 claims, the
Contra Costa Times reports.

The suit was commenced after the Company's West Ohio Avenue warehouse
caught fire on October 26,2000.  The surrounding neighborhood was
shrouded in toxic smoke due to the accident.  The smoke from the fire
killed one worker, sent 200 people to the hospital, shut down 12
schools and forced people in neighborhoods surrounding the plant to
stay inside for hours.

The accident caused several suits to be filed against the Company,
claiming it failed to filter from the warehouse combustible toner dust
from spent printer cartridges, the accumulation of which led to an
explosion, the Contra Costa Times reports.

In June, a Contra Costa Superior Court judge approved the settlement,
and the deadline to file claims was set on July 18,2002.  Company
attorney Richard Franco however told the Contra Costa Times that
investigation and verification of the 36,541 claims probably won't end
until October.  ""It just takes time to sift through," he said after a
Contra Costa Superior Court hearing to discuss details of the
settlement's disbursement.  "You can't just devise a claims form that's
perfect."

The claims process has proved long and confusing for others who sued.
Solano County resident Bridget Phillips was worried after telephone
numbers she used to check on her claim were recently disconnected, the
Contra Costa Times reports.  "I was just concerned that they might be
scamming people," said Ms. Phillips, who was forced to shelter at a
relative's Richmond home during the toxic release.


NEW MEXICO: Inmates File Suit V. Luna Jail Over Book-Banning Policy
-------------------------------------------------------------------
Las Cruces Deming lawyers have filed a lawsuit seeking class action
status, on behalf of Luna Jail detainees, asking the state District
Court to overturn what they say is a Luna County Detention Center
policy denying inmates all literature except religious material, a
policy which the lawsuit claims violates the ban against government
establishment of religion, the Albuquerque Journal reports.

The lawsuit filed by Deming attorneys Jeffrey Smith and Carlos Ogden
described two recent occasions when jail staff blocked delivery of
books to an inmate because the material "was not religious in content."

The second batch of books rejected by jail officers included The
Autobiography of Benjamin Franklin, H.G. Wells' The Invisible Man, John
Steinbeck's The Red Pony and A Collection of Great American Short
Stories, edited by Wallace Stegner.

Mr. Ogden said that Mr. Smith returned to the detention center with the
books a second time to make sure he had not misunderstood the stated
policy the first time.  Mr. Ogden added that several inmates he spoke
to recently also understood the policy at the Luna jail is to prohibit
all literature except religious material.

The lawsuit also alleges, "The plaintiffs are equally restricted from
reading Shakespeare as they would be properly forbidden to possess (and
read) manuals of how to escape from jail."

Detention Center Director Ed Gilmore said he prohibits certain kinds of
materials, such as pornography, violent literature and hardcover books,
which he said could be turned into a weapon.

Luna County Manager Scott Vinson has suggested that there may have been
a misunderstanding about the policy.  "Our policy is that everything
that comes in has to be checked by jail staff.  So you can bring in
reading material, but it has to be checked for contraband.  They (the
inmates) are not going to get it immediately," Mr. Vinson said.  He
added that Mr. Smith might have dealt with an overzealous guard.


PEMSTAR INC.: Will Vigorously Defend V. Securities Suit in Minnesota
--------------------------------------------------------------------
Pemstar Incorporated announced it will vigorously fight the shareholder
lawsuit filed on July 24, 2002, the day the Company reported a first
quarter loss of $(0.54) per share.

The suit was filed on behalf of shareholders who acquired the Company's
(Nasdaq:PMTR) securities between June 8, 2001 and May 3, 2002,
inclusive, in the United States District Court for the District of
Minnesota, against the Company and certain of its officers and
directors.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.


PENNSYLVANIA: Ruling Creating Bucks County Oversight Board Upheld
-----------------------------------------------------------------
US Judge Clifford Scott Green has upheld the recent ruling issued by US
Magistrate Diane Devlin Welsh, which would establish a Bucks County
Oversight Prison Board, and Judge Green dismissed the Bucks County
commissioners' appeal of Magistrate Welsh's federal court order that
forces the commissioners to impanel a new prison oversight board that
includes citizen participation.

Judge Green said he found no reason to overturn Magistrate Welsh's
ruling directing the commissioners to establish an oversight board,
which would be composed of several elected and appointed county
officials as well as three members of the public.  Under the order, the
commissioners have until August 9 to establish the board and hold its
first meeting.

The commissioners had appealed Justice Welsh's order on July 19,
claiming state law gives them no authority to establish the board.  
They argued that under the prevailing law, the county commissioners
have the responsibility for running the jail.

Attorneys for the female inmates have maintained that the commissioners
had agreed to permit the Magistrate to mediate the settlement of their
class action and that they are therefore obliged to accept her ruling.

Anita F. Alberts, one of the attorneys representing the female inmates,
said that she hopes Judge Green's order sends a message to the
commisioners that it is time to impanel the oversight board.  "I think
they'll do anything to avoid citizen involvement," said Ms. Alberts.  
"They don't want to be bothered, but citizen involvement is pretty
important."   Under Ms. Welsh's order, the three citizen members are to
be selected by October.

In the past two years, the Bucks County Prison has been at the center
of several scandals and criminal probes.  Investigating agencies
uncovered a drug ring operating inside the jail, among other criminal
activities.  Also, four prison employees were convicted of sexual
assaults on female inmates.


RAFFLES TOWN: Closing Arguments Submitted In Breach of Contract Suit
--------------------------------------------------------------------
The defense in the Raffles Town Club (RTC) class action recently made
its closing submissions on the case, maintaining its stance that the
statements in the club's brochures were not actionable in law and were
not part of the membership contract, the Business Times (Singapore)
reported.

RTC's lawyers also questioned what the plaintiffs could possibly get
from the club if they were to succeed in their class action.  In their
submissions, the defense said that if the court ruled in favor of the
plaintiffs, a liquidator would have to be appointed to RTC, and the
remaining 14,000 members of the club would stand to lose everything,
while those members who sued would be able to get back only a fraction
of the sum that would be paid out.

"The plaintiffs are well aware that if they are successful, the
eventual outcome of this litigation would be that RTC would be declared
bankrupt," the submissions read.

The defense also said that RTC, which has cash of just $13.6 million
currently, now depends on the membership dues and support of its
present shareholders, who had nothing to do with the club's membership
drive in 1996.

The 4,895 plaintiffs are seeking damages of some $137 million in
refunded membership fees of $28,000 each and other remedies, alleging
that they were misled into joining the club in November 1996, on the
faith of statements made in RTC's invitation brochure, which said the
club would be "limited and exclusive."  They found out only in early
2001, during a legal battle between RTC's former shareholders, that the
club had taken in 19,000 members in late 1996 -- a fact which shocked
them, as they had the impression there were only 6,000 to 7,000
members.

Defense counsel K Shanmugam also said during the closing submissions
that the defense had shown, from business records of RTC, that the
club's food and beverage outlets and other facilities have been under-
utilized for most of the days since RTC's opening.  He also said the
plaintiffs have not managed to establish that the club's facilities
were unable to cope with the demands of its membership.


SOURCE MEDIA: Fairness Hearing For Suit Settlement Set For October 2002
-----------------------------------------------------------------------
A fairness hearing on the settlement proposed in the class action filed
against Source Media, Inc. in the United States District Court for the
Northern District of Texas has been set for October 11,2002.  The suit
alleges federal securities violations on behalf of all persons who
purchased or otherwise acquired the Company's securities from January
20,1998 through August 14,1998, inclusive.

The hearing will be held for the purpose of determining:

     (1) whether proposed settlements in the Litigation for a total of
         $3,550,000 in cash, in addition to the assignment of certain
         rights, should be approved by the Court as fair, reasonable
         and adequate;

     (2) whether the Litigation should be dismissed on the merits and
         with prejudice pursuant to the terms of the Stipulation;

     (3) whether the Texas Guaranty Stipulation should be approved;

     (4) whether the proposed Plan of Allocation should be approved as
         fair and reasonable;

     (5) whether Co-Lead Counsel's application for fees and expenses
         (including an award of reasonable costs and expenses
         (including lost wages) directly relating to the representation
         of the Settlement Class to any Representative Plaintiffs
         serving on behalf of the Settlement Class) and interest
         thereon should be approved; and

     (6) whether the releases provided for in the Stipulation should be
         approved as fair, reasonable and adequate to the Members of
         the Settlement Class.


UNITED KINGDOM: Liability Insurers Told Faulty Products Suits On Rise
---------------------------------------------------------------------
Liability insurers have been warned to expect further class actions in
the future against alleged faulty products, despite the failure of a
group of women in the High Court this week in their action against
manufacturers of a contraceptive pill, according to a recent report by
the Post Magazine.

The action was brought under the terms of the Consumer Protection Act
by solicitors Leigh Day & Co. on behalf of over 100 women against pill
manufacturers Schering Health Care, Wyeth and Organon Laboratories,
alleging their third generation pills caused potentially lethal blood
clots.

Mr. Justice Mackay halted proceedings 13 weeks into a trial scheduled
to last 21 weeks, ruling that the third generation pill posed no
increased risk of clots.  He based his ruling on evidence from 10
epidemiological experts.

Wendy Hopkins, litigation partner at Beachcroft Wansbroughs, the firm
acting for defendant Organon, said this was only the second time a
claim of such magnitude against a manufacturer has been brought to
trial.  Ms. Hopkins warned that with the advent of after-the-event
insurance, such actions against manufacturers are bound to become more
common.


UNITED STATES: Americans Used As Bait To Get Public Support For WWII
-----------------------------------------------------------------
President Franklin Delano Roosevelt deliberately stranded 7,000
American civilians in the Philippines and other United States
territories, using them as "bait" to gain public support for an
American declaration of war on Japan in the name of self-defense. In
this case, it required an invasion of American territory by the
Japanese and their firing of the first shot, which for the American
government was an essential condition precedent to securing the full
support of an American public that did not want American boys to fight
in foreign wars.

Because of the pact the Japanese had with the Axis powers, war with
Japan assured FDR of war with Hitler and that we would come to the aid
of Great Britain struggling in a war that FDR believed it was essential
that the United States and Great Britain must win for the good of the
world.

The federal class action was filed Monday in the US Court of Federal
Claims.  Lead counsel is law Professor Anthony D'Amato of Northwestern
University, and Marcia Fee Achenbach is lead plaintiff.  She was born
in the Philippines of American parents, and was a teenager when the
Japanese marched into the Philippines.  She suffered the injuries and
starvation endured by other prisoners and still experiences depression
and anxiety. Tuberculosis scarred her lungs.  The suit was filed on
behalf of all civilian US citizens who were imprisoned by the Japanese
in the Philippines, from December 7, 1942 to September 2, 1945, or
their legal representatives, if they are deceased.

Basing his case on official documents dating to the period, Professor
D'Amato alleges that FDR calculated that Japanese forces, thwarted in
their northern expansion by the German-Soviet pact, would move
southward to obtain oil and would strike at US controlled oil fields in
southeast Asia, including the Philippines.

Civilians were to be retained on US islands of Wake, Guam, Midway and
the Philippines in order to strengthen and justify the US response of
self-defense to the firing of the first shot by the Japanese.  FDR knew
this was the only way to obtain the support of the American public to
US entry into a foreign war.  FDR was convinced US entry into World War
II was necessary in order to assure the defeat of Hitler.  Since Japan
at this time had become an official ally of the Axis Powers, US entry
into the European War was assured, once the United States was at war
with Japan.

The six-year Statute of Limitations that applies for actions against
the United States is an affirmative defense available to the United
States, and could be a formidable obstacle.  However, the plaintiffs'
attorneys argue that this period should be tolled by reason of the
secrecy in which the United States has kept its decision to subject the
plaintiffs to attack.  

The evidence for the development of the strategy to deliberately retain
the 7,000 American civilians in the Philippines and encourage the
southward expansion of the Japanese, resides in transcripts of
telephone conversations between FDR and Churchill.  The American
documents are kept under seal, and the British say they cannot locate
their transcripts.

All material available for this period for the use of historians and
other researchers have been redacted of all references to American
civilians in the Philippines, according to allegations of the lawsuit,
Achenbach v. United States.

The lawsuit contends that if the historians and researchers did not
know that these strategies of, in effect, using the 7,000 for "bait,"
were shaped and then implemented, how could people like plaintiffs
follow the barely visible trail of information.

Plaintiffs believe that the defendants should be equitably estopped
from asserting the bar of the statute of limitations as a defense.


US NAVY: Rep. Jones To Investigate Bias Assertions V. Chaplain Corps
--------------------------------------------------------------------
US Representative Walter B. Jones promised to investigate unfair
treatement within the Navy Chaplain Corps, as four current and one
former navy chaplain awaits the Fifth District Court in Washington DC
to rule on class action status for their suit, JDNews.com reports.

The suit reveals numerous alleged cases of racial, sexual and religious
discrimination within the Navy Chaplain Corps, primarily between two
groups of protestant religious leaders.  The suit primarily alleges
censorship of freedom of speech and practice in religious services,
some based on theological differences between some members of more
traditional protestants known as liturgical and a less-traditional
group known as non-liturgical.

Rep. Jones assured the group he would look into the matter, which has
led to litigation, JDNEws.com reports.  "I intend to ask the Navy to
give me a briefing on the court action status, and I will do everything
that I can to protect those who feel persecuted," he said.

"This has the potential to go to 600 litigants by this fall," said
former Navy chaplain Phil Veitch of Jacksonville.  He added that the
structure of the Chaplain Corps is not representative of the
congregations that they serve, and some are manipulating which faiths
enter the Navy, which are promoted and which are transferred to more
influential duty stations.

The group said that only a select few of the liturgical leaders who are
in power use it to perpetuate discrimination against some members of
the non-liturgical group.  "The way to end this is not a buy-off, but
to make changes," Lt. Cmdr. Dave Wilder, a chaplain at Camp Lejeune,
told JDNews.com. "It's about ministry to the troops."

                      New Securities Fraud Cases    

26% GOALS: Kirby McInerney Commences Securities Fraud Suit in S.D. NY
---------------------------------------------------------------------
Kirby McInerney & Squire, LLP initiated a securities class action in
the United States District Court for the Southern District of New York
on behalf of all purchasers of the 26% GOALs due September 12, 2002
(Amex: NYJ.A) during the period from March 6, 2001 through September
26, 2001.

The complaint asserts claims for violation of Section 10(b) of the
Securities and Exchange Act of 1934 against:

     (1) Anthony R. Muller,

     (2) Dan E. Pettit,

     (3) Charles J. Abbe,

     (4) Zita M. Cobb,

     (5) Joseph Ip,

     (6) Frederick Leonberger,

     (7) Michael C. Phillips,

     (8) Donald R. Scifres,

     (9) Jozef Straus,

    (10) Kevin Kalkhoven,

    (11) the Furukawa Electric Co., Ltd. and

    (12) JDS Uniphase Corporation

The alleged violations, according to the complaint, stem from
materially false and misleading statements issued by the defendants
during the class period that:

     (i) misrepresented the Company's assets and financial performance;
         and

    (ii) caused the 26% GOALs to trade at artificially-inflated prices.

After July 26, 2001, when JDS Uniphase restated its financial results
to write-off billions of dollars of assets, and again in September 2001
when further write-downs were revealed, the 26% GOALS declined in
value. The lawsuit seeks to recover losses suffered by purported class
members, excluding the defendants and their affiliates.

For more details, contact Ira M. Press or Ori Braun by Mail: 830 Third
Avenue, 10th Floor, New York, New York 10022 by Phone: 212-317-2300 or
Toll Free 888-529-4787 or by E-Mail: obraun@kmslaw.com


CAPITAL ONE: Wolf Haldenstein Commences Securities Suit in E.D. VA
------------------------------------------------------------------
Wolf Haldenstein Adler Freeman & Herz LLP initiated a securities class
action in the United States District Court for the Eastern District of
Virginia, on behalf of purchasers of the securities of Capital One
Financial Corporation (NYSE: COF) between January 15, 2002 and July 16,
2002, inclusive, against the Company and certain of its officers and
directors.

The complaint alleges that defendants violated the federal securities
laws by issuing materially false and misleading statements throughout
the class period that had the effect of artificially inflating the
market price of the Company's securities.

During the class period, the Company announced that each quarter
resulted in record revenues and earnings.  Additionally, the Company
continually reaffirmed to investors that its impressive growth would
not outpace its loan reserves and that the Company was well-capitalized
and had attained an excellent credit performance in tandem with the 19
successive quarters of record earnings.

However, the complaint alleges that these reports were materially false
and misleading because the Company omitted that, in breach of
guidelines released on January 31, 2001, it had been under-reserving
for subprime loans and was undergoing severe infrastructure
inadequacies, regarding credit-risk assessment and information system,
a result from the augmented growth in its business.

On July 16, 2002, the Company announced that it had agreed with
regulators to enhance reserves by $247 million in the second quarter of
2002, as well as raise the Company's allowances for bad loans and
further internal procedures to handle the sudden arrival of new
clients.  The price of the Company's common stock plunged following the
announcement, declining 39% from a close of $50.60 per share on July
16, 2002, closing at $30.48 per share on July 17, 2002.

For more details, contact Fred Taylor Isquith, Gregory M. Nespole,
Michael Miske, George Peters or Derek Behnke by Mail: 270 Madison
Avenue, New York, New York 10016 by Phone: 800-575-0735 by E-mail:
classmember@whafh.com or visit the firm's Website:
http://www.whafh.com. All e-mail correspondence should make reference  
to Capital One.


CHARTER COMMUNICATIONS: Charles Piven Commences Securities Suit in CA
---------------------------------------------------------------------
The Law Offices Of Charles J. Piven, PA initiated a securities class
action on behalf of shareholders who acquired Charter Communications,
Inc. (Nasdaq: CHTR) securities between November 9, 1999 and July 17,
2002, inclusive, in the United States District Court for the Central
District of California, against the Company and certain of its officers
and directors.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Charles J. Piven by Mail: The World Trade
Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore,
Maryland 21202 by Phone: 410-986-0036 or by E-mail:
hoffman@pivenlaw.com


CITIGROUP INC.: Kaplan Fox Commences Securities Fraud Suit in S.D. NY
---------------------------------------------------------------------
Kaplan Fox & Kilsheimer LLP initiated a securities class action against
Citigroup, Inc. and its Chairman and CEO, Sanford I. Weill, (NYSE: C),
in the United States District Court for the Southern District of New
York.  This suit is brought on behalf of all persons or entities who
purchased or otherwise acquired the Company's common stock between July
24, 1999 and July 23, 2002, inclusive.

The complaint alleges that the defendants violated the federal
securities laws.  Specifically, the complaint alleges, that during the
class period, defendants failed to disclose material facts concerning
the Company's relationship with Enron Corp.  The Company never
disclosed that it was structuring financing deals for Enron so that
Enron could falsify its financial statements and defraud its investors.

After Enron's collapse, the Company continued to misrepresent its
potential Enron-related exposure by failing to disclose the true extent
of its potential legal liability arising out of its finance
transactions with Enron.

As a result of defendants' failure to disclose the true nature of the
Company's relationship with Enron, Company stock price was artificially
inflated during the class period trading as high as $57.  Upon news
that the Senate Committee found evidence that the Company was involved
in Enron's collapse, the stock fell to $27 on trading of 121 million
shares.

For more details, contact Kaplan Fox & Kilsheimer LLP by Mail: 805
Third Avenue, 22nd Floor, New York, NY 10022 or by E-mail:
mail@kaplanfox.com


CITIGROUP INC.: Stull Stull Commences Securities Fraud Suit in S.D. NY
----------------------------------------------------------------------
Stull Stull & Brody LLP initiated a securities class action in the
United States District Court for the Southern District of New York, on
behalf of persons who purchased or acquired Citigroup Inc. (NYSE:C)
securities between July 24, 1999 and July 23, 2002, inclusive against
the Company and:

     (1) Sanford I. Weill, its Chairman and Chief Executive Officer,
         and

     (2) Todd Thomson, its Chief Financial Officer

The complaint alleges that defendants made misrepresentations and/or
omissions of material fact, including failing to disclose that
Citigroup misrepresented a 1999 transaction with Enron that was
structured as commodity trade but served the same purpose as a loan to
help Enron keep $125 million in debt off of its books, affirmatively
misrepresenting the Company's potential Enron-related exposure in its
2001 Annual Report and elsewhere, and failing to disclose the true
extent of the Company's potential legal liability arising out of its
"structured finance" dealings with Enron.

The complaint alleges that when Wall Street learned about the foregoing
on July 23, 2002 after executives of the Company and J.P. Morgan Chase
testified before the U.S. Senate regarding the transactions at issue,
Citigroup stock plummeted $5.04 or 15.73% to close at $27.00, less than
half its class period high.

For more details, contact Tzivia Brody by Mail: 6 East 45th Street, New
York NY 10017 by Phone: 1-800-337-4983 by Fax: 212-490-2022 or by E-
mail at SSBNY@aol.com


CRYOLIFE INC.: Rabin & Peckel Commences Securities Fraud Suit in GA
-------------------------------------------------------------------
Rabin & Peckel LLP initiated a securities class action in the United
States District Court for the Northern District of Georgia on behalf of
all persons or entities who purchased Cryolife, Inc. (NYSE:CRY) between
April 2, 2001 and July 5, 2002, both dates inclusive.  The suit names
as defendants the Company and:

     (1) Steven G. Anderson, President, CEO, and Chairman,

     (2) James C. VanderWyck, Vice President, Regulatory Affairs and
         Quality Assurance,

     (3) D. Ashley Lee, Vice President and CFO, and

     (4) Albert E. Heacox, Vice President, Laboratory Operations

The defendants violated Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 by making material misrepresentations and/or
failing to make material disclosures throughout the class period due to
their failure to disclose and correct quality control problems in the
Company's processing of human tissues and heart valves.

As a result, the Company's class period assurances to the investing
public that patient safety was of paramount concern to it and that the
Company complied with applicable governmental processing and quality
regulations were also knowingly false when made.

On June 24, 2002, the Company issued a press release stating that it
had received its first and only warning letter from the FDA and denying
that there was any evidence of fungal infection in the heart valves
which had triggered the FDA's second inspection of the Company's
facilities in March of 2002.

On July 5, 2002, the Company issued a corrective press release
announcing that it had received a prior warning letter from the FDA in
1997, and that it had been notified by the CDC that there was evidence
of fungal infection in at least one of the heart valves it had
supplied.

On July 6, 2002, however, the Wall Street Journal Online reported that
CDC disagreed with the Company's June 24 and July 5 statements, as a
result of a letter the CDC knew the Company had received in March 2002
in which evidence of the fungal infection was discussed.  The market's
reaction to the Company's corrective disclosures and to the CDC's
disclosure was immedoate:  the Company's common stock dropped from a
high of almost $45 per share during the class period and of $23.66 per
share just before the disclosure to as low as $9.90 per share on July
10, 2002.

In addition, the complaint alleges that the Company misrepresented its
2001 income and earnings during the class period, in violation of
generally accepted accounting principles (GAAP), overstating both
income and earnings per share by approximately 20%.  The Company
admitted that its previously issued financial statements were false in
a March 29, 2002 press release, which announced that the Company had
restated its reported financial results for 2001.

For more details, contact Eric J. Belfi or Sharon Lee by Phone:
800-497-8076 or 212-682-1818 by Fax: 212-682-1892 by E-mail:
email@rabinlaw.com or visit the firm's Website: http://www.rabinlaw.com


ECLIPSYS CORPORATION: Cauley Geller Launches Securities Suit in S.D. FL
-----------------------------------------------------------------------
Cauley Geller Bowman & Coates, LLP initiated a securities class action
in the United States District Court for the Southern District of
Florida on behalf of purchasers of Eclipsys Corporation (Nasdaq: ECLP)
publicly traded securities during the period between July 23, 2001 and
June 27, 2002, inclusive.

The suit alleges that defendants violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934, and Rule10b-5 promulgated
thereunder, by issuing a series of material misrepresentations to the
market between July 23, 2001 and June 27, 2002, thereby artificially
inflating the price of Company securities.

As alleged in the suit, defendants issued highly positive press
releases regarding the Company's addition of new contracts for its
information technology, in an effort to create the impression that
Company revenues were growing and the Company was well positioned to
generate strong profitability.  However:

     (1) during a six-week period in July to August 2001, insiders sold
         more than $9.5 million worth of Company stock at or near the
         stock's two year highs; and

     (2) unbeknownst to the investing public, although the defendants
         were aware that new-sales bookings had slowed considerably and
         expenditures in research and development and marketing and
         distribution had accelerated, the Company failed to timely
         disclose these facts to the public in any of Company public
         filings with the Securities and Exchange Commission or press
         releases.

On June 27, 2002, defendants issued a press release announcing that
results for the second quarter of 2002 would fall short of the
Company's previous statements.  The Company announced it would report a
net loss in the range of $0.07 to $0.10 per share.  Trading price of
Company stock dropped nearly 50% in response to this.

For more details, contact Jackie Addison, Sue Null or Ellie Baker by
Mail: P.O. Box 25438, Little Rock, AR 72221-5438 by Phone: 888-551-9944
or by E-mail: info@classlawyer.com


ECLIPSYS CORPORATION: Schiffrin & Barroway Files Securities Suit in FL
----------------------------------------------------------------------
Schiffrin & Barroway, LLP initiated a securities class action in the
United States District Court for the Southern District of Florida on
behalf of all purchasers of the common stock of Eclipsys Corporation
(Nasdaq: ECLP) publicly traded securities during the period between
July 23, 2001 and June 27, 2002, inclusive.

The complaint charges the Company and certain of its officers and
directors with issuing false and misleading statements concerning its
business and financial condition.  Specifically, the complaint alleges
that defendants issued highly positive press releases regarding the
Company's addition of new contracts for its information technology, in
an effort to create the impression that the Company's revenues were
growing and the Company was well positioned to generate strong
profitability. However:

     (1) during a six-week period in July to August 2001, insiders sold
         more than $9.5 million worth of Eclipsys stock at or near the
         stock's two year highs; and

     (2) unbeknownst to the investing public, although the defendants
         were aware that new-sales bookings had slowed considerably and
         expenditures in research and development and marketing and
         distribution had accelerated, the Company failed to timely
         disclose these facts to the public in any of the Company's
         public filings with the Securities and Exchange Commission or
         press releases.

On June 27, 2002, defendants issued a press release announcing that
results for the second quarter of 2002 would fall short of the
Company's previous statements.  The Company announced it would report a
net loss in the range of $0.07 to $0.10 per share.  Trading price of
Eclipsys stock dropped nearly 50% in response to this.

For more details, contact Marc A. Topaz or Stuart L. Berman by Mail:
Three Bala Plaza East, Suite 400, Bala Cynwyd, PA 19004 by Phone: 1-
888-299-7706 (toll free) or 610-667-7706 or by E-mail:
info@sbclasslaw.com


EL PASO: Cauley Geller Commences Securities Fraud Suit in S.D. Texas
--------------------------------------------------------------------
Cauley Geller Bowman & Coates, LLP initiated a securities class action
in the United States District Court for the Southern District of Texas
on behalf of purchasers of El Paso Corporation (NYSE: EP) common stock
during the period between July 25, 2001 and May 29, 2002, inclusive.

The complaint charges the Company and certain of its officers and
directors with issuing false and misleading statements concerning its
business and financial condition.  Specifically, the complaint alleges
that defendants' material omissions and the dissemination of materially
false and misleading statements regarding the nature of the Company's
trading practices and revenues caused the Company's stock price to
become artificially inflated, inflicting damages on investors.

For more details, contact Jackie Addison, Sue Null or Ellie Baker by
Mail: P.O. Box 25438, Little Rock, AR 72221-5438 by Phone: 888-551-9944
or by E-mail: info@classlawyer.com


EMPYREAN BIOSCIENCE: Rosen Law Commences Securities Suit in N.D. OH
-------------------------------------------------------------------
The Rosen Law Firm initiated a securities class action in the United
States District Court for Northern District of Ohio on behalf of
purchasers of Empyrean Bioscience, Inc. (OTCBB: EMDG) publicly traded
securities during the period from July 30, 1999 through December 7,
2001, inclusive.  The suit is pending in the United States District
Court for the Northern District of Ohio in Cleveland, Ohio.

The complaint charges that the Company and certain of its current and
former officers and directors violated Sections 11 and 12(a)(2) of the
Securities Act of 1933 and Section 10(b) of the Securities Exchange Act
of 1934 and Rule 10b-5 promulgated thereunder, by issuing a series of
materially false and misleading statements to the market between July
30, 1999 through December 7, 2001.

The complaint alleges that the Company misrepresented in its required
Securities & Exchange Commission (SEC) filings material facts
concerning clinical trials for its Geda Plus microbicidal gel.  
Specifically, the complaint alleges that the Company misrepresented
that the National Institute of Health was funding and participating in
clinical trials.  Additionally, the Company misrepresented that Phase
III clinical trials were proceeding in Brazil during 2001.

As a result of these misstatements and non-disclosures, according to
the complaint, the Company's financial reports filed with the SEC
throughout the class period were materially false and misleading,
thereby artificially inflating the price of Company securities.

For more details, contact Laurence Rosen by Mail: 232 Madison Avenue,
Suite 906, New York, NY 10016 by Phone: 866-767-3653 by E-mail:
lrosen@rosenlegal.com or visit the firm's Website:
http://www.rosenlegal.com  


ICN PHARMACEUTICALS: Kirby McInerney Launches Securities Suit in NY
-------------------------------------------------------------------
Kirby McInerney & Squire, LLP initiated a securities class action in
the United States District Court for the Eastern District of New York
on behalf of all purchasers of ICN Pharmaceuticals, Inc. common stock
(NYSE:ICN) during the period from May 3, 2001 through July 11, 2002.

The suit asserts claims for violation of Section 10(b) and 20(a) of the
Securities and Exchange Act of 1934 against the Company, as well as its
Chief Executive and Chief Financial Officers. The alleged violations,
according to the complaint, stem from materially false and misleading
statements made by the defendants during the class period that:

     (1) materially misrepresented the Company's financial performance
         (inflating reported revenues during the class period); and

     (2) caused Company stock to trade at artificially-inflated prices.

The complaint alleges that, during the class period, Company shares
traded at prices inflated to above $25 per share by the defendants'
reporting of revenues inflated by "channel-stuffing."  On July 11,
2002, Company shares dramatically deflated, losing over 50% of their
value in one day, when the Company:

     (i) announced that it would not be able to meet previously-
         announced financial guidance regarding second-quarter revenues
         and earnings; and

    (ii) admitted that revenues and earnings would be depressed
         throughout the year due to the high inventory levels created
         by the Company's earlier flooding of the sales channels.


For more details, contact Ira M. Press or Orie Braun by Mail: 830 Third
Avenue, 10th Floor, New York, New York 10022 by Phone: 212-317-2300 or
888-529-4787 or by E-Mail: obraun@kmslaw.com


NICOR INC.: Charles Piven Commences Securities Fraud Suit in N.D. IL
--------------------------------------------------------------------
The Law Offices Of Charles J. Piven, PA initiated a securities class
action on behalf of shareholders who acquired Nicor, Inc. (NYSE: GAS)
securities between January 24, 2002 and July 18, 2002, inclusive, in
the United States District Court for the Northern District of Illinois,
against the Company and two of the Company's senior officers.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Charles J. Piven by Mail: The World Trade
Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore,
Maryland 21202 by Phone: 410-986-0036 or by E-mail:
hoffman@pivenlaw.com


PEMSTAR INC.: Mark McNair Commences Securities Fraud Suit in Minnesota
----------------------------------------------------------------------
The Law Office Of Mark McNair initiated a securities class action on
behalf of shareholders who acquired PEMSTAR, Inc. (Nasdaq:PMTR)
securities between June 8, 2001 and May 3, 2002, inclusive, in the
United States District Court for the District of Minnesota, against the
Company and certain of its officers and directors.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Mark McNair by Mail: 1101 30th St. N.W. Suite
500, Washington, DC 20007 by Phone: 877-511-4717 or 202-872-4717 or by
E-mail: mcnair@justice4investors.com.  


PERKINELMER INC.: Mark McNair Launches Securities Suit in Massachusetts
-----------------------------------------------------------------------
The Law Office Of Mark McNair initiated a securities class action on
behalf of shareholders who acquired PerkinElmer, Inc. (NYSE:PKI)
securities between July 15, 2001 and April 11, 2002, inclusive, in the
United States District Court for the District of Massachusetts, against
the Company and:

     (1) Gregory L. Summe and

     (2) Robert F. Friel

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Mark McNair by Mail: 1101 30th St. N.W. Suite
500, Washington, DC 20007 by Phone: 877-511-4717 or 202-872-4717 or by
E-mail: mcnair@justice4investors.com.  


SONUS NETWORKS: Wechsler Harwood Commences Securities Suit in MA Court
----------------------------------------------------------------------
Wechsler Harwood Halebian & Feffer LLP initiated a securities class
action in the United States District Court for the District of
Massachusetts on behalf all persons who purchased or acquired Sonus
Networks, Inc. (Nasdaq:SONS) securities between December 11, 2000 and
January 16, 2002, inclusive against the Company and certain of its
officers.

The suit alleges that defendants violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder, by issuing a series of material misrepresentations to the
market between December 11, 2000 and January 16, 2002, thereby
artificially inflating the price of Company securities.

The complaint alleges that defendants issued numerous statements, which
highlighted the Company's financial performance and described the
Company's success in acquiring and/or developing new products, which it
was then able to offer to current and prospective customers.

As alleged in the complaint, these statements were materially false and
misleading because they failed to disclose and/or misrepresented the
following adverse facts, among others:

     (1) that certain products that Sonus claimed it had sold to Qwest
         Communications International, Inc. would not be ready for
         deployment in time to meet Qwest's needs and would result in
         Qwest having to purchase competing products from Nortel;

     (2) that the Company's highly-touted transaction with Qwest, which
         contributed more than 10% of Sonus' first quarter 2001
         revenues, was actually a quid pro quo deal wherein Sonus had
         to agree to buy a $20 million Irrevocable Right of Use (IRUs)
         from Qwest in exchange for a $20 million order from Qwest;

    (3) that contrary to defendants' representations, Sonus' products
        were not carrier class as they did not have 99.999%
        availability, did not have voice quality as good as circuit-
        switched networks and did not have sophisticated network
        management and configuration capabilities; and

    (4) as a result, Sonus was not on track to report revenues of $195
        million in 2001.

On January 16, 2002, the last day of the class period, the Company
announced its disappointing fourth quarter and year-end 2001 results
and revealed that revenues for the year were just $173 million compared
to class period estimates exceeding $200 million.  Following this
announcement, shares of Sonus stock fell below $5 per share.

For more details, contact Craig Lowther by Mail: 488 Madison Avenue,
8th Floor, New York, New York 10022 by Phone: 877-935-7400 or by E-
mail: clowther@whhf.com or visit the firm's Website:
http://www.whhf.com  


TELLABS INC.: Much Shelist Commences Securities Fraud Suit in N.D. IL
---------------------------------------------------------------------
Much Shelist Freed Denenberg Ament & Rubenstein, PC initiated a
securities class action in the United States District Court for the
Northern District of Illinois, on behalf of all persons and entities
who purchased the Company's securities during the period December 11,
2000 through June 19, 2001, inclusive.  The suit names as defendants
the Company and:

     (1) Richard C. Notebaert, its CEO and Chief Executive Officer and
         a Director, and

     (2) Michael J. Birck, its Chairman of the Board of Directors,

The defendants allegedly violated Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder,
by issuing a series of materially false and misleading statements to
the market.  These alleged misstatements had the effect of artificially
inflating the price of Company securities.

The suit alleges that the Company represented to the public, in press
releases issued throughout the class period, that:

     (i) its new products were enjoying strong demand;

    (ii) the seeming slowdown in its business was due to "component-
         parts shortages which have been corrected;" and

   (iii) the Company's business was strong fundamentally and the
         Company would meet earnings and revenues expectations.

The suit alleges that these, and other, statements were materially
false and misleading because, as alleged in the complaint, the
Company's new optical networking line of products were inferior to the
competition and its products were not well-received or in high demand.

The complaint further alleges that, contrary to defendants' statements
to the investing public, the Company's highly-touted acquisition of
SALIX was a failure as sales of the product line it gained in the
acquisition were falling.

On June 19, 2002, the Company issued a press release revealing that
second quarter of 2001 revenues would be 35% less than guidance
reiterated only weeks before, and that the Company's earnings would be
breakeven instead of the consensus $0.29 per share. In reaction to the
announcement, the price of the Company's common stock fell by 31%, from
$23 per share on June 19 to $15.87 on June 20, representing a 75%
decline from the class period high.

During the class period, Mr. Birck sold a total of 80,000 Company
shares at prices between $64.25 to $65.38 per share, grossing proceeds
of more than $5.18 million.

For more details, contact Carol V. Gilden by Phone: 800-470-6824 or by
E-mail: investorhelp@muchshelist.com


UNIROYAL TECHNOLOGIES: Bernstein Liebhard Files Securities Suit in FL
---------------------------------------------------------------------
Bernstein Liebhard & Lifshitz LLP initiated a securities class action
on behalf of all persons who purchased or acquired Uniroyal Technology
Corp. (Nasdaq: UTCI) securities between February 8, 2000 and May 13,
2002, inclusive.  The action is pending in the United States District
Court for the Middle District of Florida against: Executive Vice
President, Chief Financial Officer and Treasurer George Zulanas, Jr.
and Howard R. Curd, Chairman of the Board and Chief Executive Officer.

The complaint charges that defendants violated Sections 10(b) and 20(a)
of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder, by issuing a series of materially false and misleading
statements to the market between February 8, 2000 and May 13, 2002.

According to the complaint, defendants issued a series of press
releases touting its financial stability and its acquisition of
Sterling Semiconductor, while strategically positioning the Company to
increase its participation in the explosive compound semiconductor
industry via internal growth. However, unbeknownst to the investing
public that purchased Company stock during the class period:

     (1) the Company was not a financially stable company;

     (2) its acquisition of Sterling was not lucrative at all; and

     (3) it was not strategically positioning the Company to increase
         its participation in the explosive compound semiconductor
         industry via acquisition and internal growth.

But for the Company's financial support, Sterling would probably have
been forced to seek protection under the bankruptcy laws.  Sterling was
a development stage company and not, as defendants touted, "a leading
developer of silicon carbide technology and materials."

Moreover, in order to materially inflate the Company's net worth and
further foster the illusion of growth, defendants agreed to pay an
inflated price for Sterling with materially overvalued stock serving as
currency.

On December 31, 2001, eighteen months after having acquired Sterling in
exchange for stock, with a purported value of more than $40 million,
the Company shocked the market by announcing that it recorded a write-
down of Sterling goodwill of approximately $9,816,000. On January 2,
2002, Company stock closed at $1.69 down from $3.20 the previous day
and substantially down from its class period high of $71.125 reached on
February 23, 2000.

For more details, contact Ms. Linda Flood, Director of Shareholder
Relations by Mail: 10 East 40th Street, New York, New York 10016 by
Phone: (800) 217-1522 or 212-779-1414 or by E-mail: UTCI@bernlieb.com.  


VIVENDI UNIVERSAL: Mark McNair Commences Securities Suit in S.D. NY
-------------------------------------------------------------------
The Law Offices Of Mark McNair initiated a securities class action on
behalf of shareholders who acquired Vivendi Universal (NYSE:V) (Paris
Bourse:EX FP) securities between February 11, 2002 and July 3, 2002,
inclusive, in the United States District Court for the Southern
District of New York, against the Company and Jean-Marie Messier, the
Company's former Chairman and Chief Executive Officer.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Mark McNair by Mail: 1101 30th St. N.W. Suite
500, Washington, DC 20007 by Phone: 877-511-4717 or 202-872-4717 or by
E-mail: mcnair@justice4investors.com.  


VIVENDI UNIVERSAL: Charles Piven Commences Securities Suit in S.D. NY
---------------------------------------------------------------------
The Law Offices Of Charles J. Piven, P.A. initiated a securities class
action on behalf of shareholders who acquired Vivendi Universal (NYSE:
V); (Paris Bourse: EX FP) securities between February 11, 2002 and July
3, 2002, inclusive, in the United States District Court for the
Southern District of New York, against the Company and Jean-Marie
Messier, the Company's former Chairman and Chief Executive Officer.

The action charges that defendants violated federal securities laws by
issuing a series of materially false and misleading statements to the
market throughout the class period which statements had the effect of
artificially inflating the market price of the Company's securities.

For more details, contact Charles J. Piven by Mail: The World Trade
Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore,
Maryland 21202 by Phone: 410-986-0036 or by E-mail:
hoffman@pivenlaw.com


XCEL ENERGY: Milberg Weiss Commences Securities Fraud Suit in MN Court
----------------------------------------------------------------------
Milberg Weiss Bershad Hynes & Lerach LLP initiated a securities class
action on behalf of purchasers of the securities of Xcel Energy, Inc.
(NYSE: XEL) between January 31, 2001 and July 26, 2002, inclusive. The
action is pending in the United States District Court, District of
Minnesota against the Company and:

     (1) James J. Howard,

     (2) Wayne H. Brunetti and

     (3) Edward J. Mcintyre

The suit alleges that defendants violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder, by issuing a series of material misrepresentations to the
market between January 31, 2001 and July 26, 2002, thereby artificially
inflating the price of Company securities.

Throughout the class period, as alleged in the suit, defendants issued
numerous statements and filed quarterly and annual reports with the
Securities & Exchange Commission (SEC) which described the Company's
financial performance and the financial performance of NRG Energy, Inc.
(NRG), the Company's majority-owned subsidiary.

As alleged in the suit, these statements were materially false and
misleading because they failed to disclose and/or misrepresented the
following adverse facts, among others:

     (i) that the Company had engaged in "round-trip" energy trades
         that provided no economic benefit for the Company;

    (ii) that Xcel's and NRG's credit agreements with lenders contained
         cross-default provisions and covenants, the result of which
         was that in the event of a default by NRG, among other adverse
         effects, Xcel would lose access to $800 million in credit;

   (iii) that the Company lacked the necessary internal controls to
         adequately monitor the trading of its power; and

    (iv) that as a result, the value of the Company's revenues and
         financial results were materially overstated at all relevant
         times.

After the close of the market on July 25, 2002, the Company issued a
press release announcing its financial results for the second quarter,
the period ended June 30, 2002, and disclosed that its earnings had
declined and that it was revising its earnings expectations for fiscal
2002.  In a conference call the very next day, defendants finally
disclosed the true extent of the Company's liquidity and credit
difficulties and its management's inability to effectively remedy such
difficulties stemming from the operations of NRG.

As reported in several business articles dated July 26, 2002, analysts
were horrified to learn that the liquidity and credit difficulties
extended to Xcel itself under the "cross-collateral default" provisions
Xcel and NRG had entered into with lenders.

Market reaction to these revelations was swift and brutal. On July 26,
2002, Xcel stock closed at $7.55, a more than 36% one-day decline, on
extremely heavy trading volume. Subsequently, on July 28, 2002,
defendants disclosed that Xcel was being investigated by the SEC, among
other regulators, for engaging in "round-trip" or "wash" transactions,
which involve the simultaneous buying and trading of power at the same
price and same amount and provide no economic benefit to the Company.

For more details, contact Steven G. Schulman or Samuel H. Rudman by
Mail: One Pennsylvania Plaza, 49th fl., New York, NY 10119-0165 by
Phone: 800-320-5081 by E-mail: XcelEnergycase@milbergNY.com or visit
the firm's Website: http://www.milberg.com


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S U B S C R I P T I O N   I N F O R M A T I O N

Class Action Reporter is a daily newsletter, co-published by
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Copyright 2002.  All rights reserved.  ISSN 1525-2272.

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