CAR_Public/030108.mbx                C L A S S   A C T I O N   R E P O R T E R
  
                Wednesday, January 8, 2003, Vol. 5, No. 5

                              Headlines                            

ADVANCED FIBER: Settles Securities-Related Private Suits For $1.5M
BRIDGESTONE CORPORATION: Judge Remands SteelTex Lawsuit To State Court
CALIFORNIA: Commuter Train Derails, Leaving One Dead, 31 Injured
CALIFORNIA: Inmates Owed Damages For Unconstitutional Strip Searches
CARL KOENEMANN: Motorola Backs Former Exec Facing Securities Lawsuits

DOW CORNING: Korean Women To Receive $25M Award in Breast Implant Suit
GEMSTAR-TV GUIDE: NJ Attorney General Initiates Suit For Pension Losses
HEARTLAND ADVISORS: Agrees To Settle Municipal Bond Funds Lawsuit in WI
INDIAN FUNDS: Outgoing Bureau of Indian Affairs Director Disheartened
INDONESIA: Experts Support Plan To Sue Over Release & Discharge Policy

JAPAN: Lawsuit Seeks State Compensation For Citizens Displaced by War
MASSACHUSETTS: Study Reveals Possible Racial Profiling by Police Dept
PFIZER INC.: Reaches $6 Million Settlement over Zithromax Advertising
SANDATA TECHNOLOGIES: Executes Agreement To Settle DE Securities Suit
STAN LEE: Court Sets Fairness Hearing For Settlement on February 2003

TRI-STATE CREMATORY: Funeral Directors Seek Removal As Suit Defendants
YANG MING: Truckers' Fraudulent Billing Lawsuit Withdrawn From NJ Court

                  Meetings, Conferences & Seminars

* Scheduled Events for Class Action Professionals
* Online Teleconferences

                     New Securities Fraud Cases

ANNUITY AND LIFE: Chitwood & Harley Lodges Securities Suit in CT Court
ANNUITY AND LIFE: Scott + Scott Commences Securities Suit in CT Court
ATLAS WORLDWIDE: Marc Henzel Commences Securities Fraud Suit in S.D. NY
BROADWING INC.: Marc Henzel Commences Securities Fraud Suit in S.D. OH
COMERICA INC.: Marc Henzel Commences Securities Fraud Suit in E.D. MI

MSC INDUSTRIAL: Marc Henzel Commences Securities Fraud Suit in E.D. NY
NTL INC.: Marc Henzel Commences Lawsuit for Securities Fraud in S.D. NY
NUI CORPORATION: Marc Henzel Launches Securities Fraud Suit in NJ Court

                           *********

ADVANCED FIBER: Settles Securities-Related Private Suits For $1.5M
------------------------------------------------------------------
Advanced Fiber Communications, Inc., settled two individual, non-class
actions which were related to the consolidated securities class actions
against it and certain former officers and directors.  As previously
reported on June 21, 2002, the securities class action was settled
earlier this year.

The total amount of the settlement of the individual actions is $1.5
million.  In connection with the settlement, the Company will record a
charge in its fourth fiscal quarter of 2002 of approximately $1.5
million to cover the settlement, which is not expected to be currently
funded by insurance.

Under the terms of the settlement there is no finding of wrongdoing on
the part of any of the defendants, or any other finding that the claims
alleged had merit.  The defendants have denied, and continue to deny,
that they have committed any violation of federal securities or other
laws.


BRIDGESTONE CORPORATION: Judge Remands SteelTex Lawsuit To State Court
----------------------------------------------------------------------
Federal District Court Judge Christina Snyder allowed the class action
filed against Bridgestone Corporation and its US unit
Bridgestone/Firestone North American Tires to be remanded to Riverside
County Superior Court, Reuters reports.  

The suit, filed on behalf of approximately 30 million Steeltex owners
nationwide, alleges the Company concealed tread separation problems in
its Steeltex tires.  The suit further asserts that the tires caused
thousands of accidents, including some that caused death and serious
injury.  The suit demands that the tire maker recall 27.5 million
Steeltex R4S, R4SII and A/T tires.

Judge Snyder tentatively denied two motions by Bridgestone attorneys
asking her to drop the Japanese corporate parent from the suit, and to
dismiss the lawsuit entirely. The judge was expected to finalize her
ruling within days, after she considers arguments by Bridgestone
attorneys to keep the case in federal court, Reuters states.

In a statement, Bridgestone expressed disappointment that that "certain
plaintiffs lawyers will try to create fear and concern among the
driving public for their own personal gain."  However, Joseph Lisoni,
the Pasadena, California attorney who filed the suit on behalf of two
Steeltex owners who suffered tread separation problems, hailed the
ruling as "appropriate."  

"The (state) laws are much more favorable to us," Lisoni said. In
particular, California's "Long-Arm Statute," allows consumers to sue
any company that advertises or sells defective products in the state,
he said.

The company's attorneys have argued that only the National Highway
Traffic Safety Administration has authority to order a recall,
according to Reuters.  Bridgestone is still fighting rollover lawsuits
in courts stemming from tread separation problems in its Wilderness
tires, which were standard equipment on the Ford Explorer and other
sport utility vehicles.  About 20 million Wilderness tires were
recalled, 14 million by Ford and 6.5 million by Firestone.

In November, Mr. Lisoni asked NHTSA to reopen an investigation into
whether the Steeltex tires should also be recalled.  In a December 19
letter, NHTSA asked the plaintiffs to submit more information about
their claims.  Bridgestone spokeswoman Marina Marich said the company
had already passed muster with the federal transportation agency, and
had no intention of issuing another recall, Reuters states.

"NHTSA has reviewed these tires and clearly stated they found no
evidence of defect," the company said in a statement. "We are
constantly evaluating our tires and are committed to taking action if
it is warranted. In this case it is not."


CALIFORNIA: Commuter Train Derails, Leaving One Dead, 31 Injured
----------------------------------------------------------------
A five-car commuter train crashed into a flatbed truck and derailed in
the Los Angeles suburb of Burbank on Monday, killing the truck driver
and injuring more than 30 others, the Associated Press reports.  A
total of thirty-one people were injured.  12 of those hurt were taken
to local hospitals for treatment while 20 people suffered minor
injuries.  None of the injuries appeared to be life threatening,
federal officials said.

The Metrolink train carried 58 passengers and two crewmembers and was
bound for downtown Los Angeles' Union Station from the town of Santa
Clarita, northwest of Los Angeles.  The accident killed the driver
instantly and caused the truck to explode into flames.  Several cars of
the Metrolink commuter train left the tracks at a crossing near the
Burbank Airport and two cars near the front of the train rolled to
their sides after the crash.

The truck was hit after driving around closed gate arms in a bid to
beat the train, ignoring the train's whistle and honking horns from
other drivers, witnesses at the scene told the Associated Press
reports.  One witness, Marc Gofstein, told local TV station KNBC that
the driver was unable to move forward because of traffic stopped on the
other side of the tracks.  Officials said the train was traveling an
estimated 45 mph to 50 mph at the time of impact.

Local television showed emergency workers pulling passengers, some of
them bloody or clearly traumatized, from the derailed train cars on
stretchers.  The train engineer was among the injured and was taken to
a hospital, David Starr, the Burbank Fire Marshal, told reporters.

The accident came as high winds forced cancellation of some Metrolink
services in Southern California and caused scattered power outages
throughout the region.  National Transportation Safety Board officials
were investigating.


CALIFORNIA: Inmates Owed Damages For Unconstitutional Strip Searches
--------------------------------------------------------------------
Inmates arrested on minor charges who were strip-searched at the
Sacramento County Jail, are entitled to $1,000 in damages because the
sheriff's department policy is unconstitutional, a judge ruled
recently, the Contra Costa Times (Walnut Creek, CA) reports.  The class
action already has "a list of thousands of people who qualify as
members of the class," according to Mark Merin, the plaintiffs'
attorney.

Sacramento County Superior Court Judge Thomas M. Cecil said recently
that the policy of the sheriff's department calling for strip searches
of everybody arrest and jailed on lesser charges violated the
California Constitution's privacy guarantee and the state penal code's
limitations on such searches.  Under Sheriff John McGinness said that
the department is considering changes to the policy that will meet the
judge's concerns.

On the other hand, Mr. McGinness said that the department's main
concern has to be "the safety of our officers, the inmates and the
public at large.  "We simply cannot take a chance that weapons, drugs
and other contraband will find its way into the jail," he said.

Judge Cecil also said in his ruling that, contrary to the policy at the
downtown jail, no person, regardless of the charge, may be subjected to
strip and visual body-cavity searches unless such searches are done in
private.  "Clearly, group searches are not authorized," said Judge
Cecil, citing the state's penal code in his 12-page ruling.

Those eligible for the award are people arrested and jailed on
nonviolent, non-drug-related misdemeanors and minor infractions, yet
subjected to strip or visual body-cavity searches, in the four years
before March 14, 2000.

Mr. Merin initially filed the suit on behalf of seven people arrested
in March 2000, on suspicion of failing to disperse during a protest at
the state's Department of Forestry and Fire Protection.  It became a
class action in December 2001.

The sheriff's department said a 1984 opinion of the legislative counsel
gave it authority for its policy.  Judge Cecil cited a 1989 state
attorney general's opinion, which, he said, "is entitled to far more
weight than the legislative counsel's 1984 opinion.


CARL KOENEMANN: Motorola Backs Former Exec Facing Securities Lawsuits
---------------------------------------------------------------------
Motorola, Inc.'s former vice president and chief financial officer Carl
Koenemann faces two securities class actions filed in the United States
District Court for the Southern District of New York on behalf of all
purchasers of the Company's common stock between February 3,2000 and
May 14,2001.  The suits allege billions of dollars in loans to vendors
put stockholders at great risk.

Mr. Koenemann was executive vice president and CFO during the period
cited in the suits. He later retired from Motorola in April after 30
years with the company.  The complaint alleges that during that period,
Motorola issued false and misleading statements regarding at least $2.9
billion in vendor financing for Motorola products, and those loans
represented a huge risk to company shareholders if the vendors
defaulted, the Austin Business Journal reports.

Motorola spokesman Scott Wyman says the company has reviewed the Brady
suit, the Business Journal states.  In a statement, Motorola backs Mr.
Koenemann, saying "We believe the complaint filed by this shareholder
is without merit, and the allegations contained in the complaint are
disingenuous in nature and not based on fact . Motorola is diligent,
and has been diligent on a continuing basis, in reporting to its
investors and to the federal government the nature and size of its
loans and vendor financing."


DOW CORNING: Korean Women To Receive $25M Award in Breast Implant Suit
----------------------------------------------------------------------
About 1,200 Korean women who showed various side effects after
receiving breast augmentations with silicon implants made by Dow
Corning Corporation will receive about $25 million in compensation, as
a result of a ruling in a 10-year court struggle by a group of breast-
implant recipients residing outside the United States to win a class
action lawsuit, JoongAngIlbo (English edition) reports.

The group won the suit late last month.  "An American federal court
recently announced that the company should initiate payment to the
victims by Feb. 18," said Kim Yeon-ho, the lawyer who handled the case
for Korean plaintiffs. "Each Korean victim will receive from $600 to
$97,500, depending on the level of damage.  The total ruling is $25
million."

The amount is expected to rise, Mr. Kim said, as victims who did not
participate in the lawsuit can claim compensation if they present
medical proof of damages suffered within 60 days of the initiation of
payment by the US company, JoongAngIlbo states.  "Aside from the
silicon used for the breast implants, patients who suffered after using
Dow Corning silicon implants in places such as nose, chin and knee can
also receive compensation," he said.

Dow Corning was the world's leading producer of silicon breast implants
until patients who used their products began suing the company over a
variety of side effects.


GEMSTAR-TV GUIDE: NJ Attorney General Initiates Suit For Pension Losses
-----------------------------------------------------------------------
Gemstar-TV Guide International and Tenet Healthcare faces a securities
class action spearheaded by New Jersey Attorney General David Samson,
alleging the Companies inflated revenue to boost stock prices, causing
$46 million in losses to state pension funds, Bloomberg.com reports.  
The state's retirement funds lost $18 billion from August 2001 to the
end of October 2002, and are now valued at $60 billion.

The suit alleges that it incurred $35 million in losses because Gemstar
inflated its revenue and $10.8 million on Tenet.  The suit further
alleges Tenet, a hospital owner, inflated revenue in part by pushing
patients into unnecessary heart surgery. The stock plunged when
accounting irregularities were discovered, the suit says.

The suit against Gemstar, distributor of TV Guide and electronic
television program guides, alleges the company booked $113 million in
revenue from an expired licensing agreement with Scientific-Atlanta
Inc.  The suit also accuses Gemstar of entering into a fictitious
transaction with Fantasy Sports Properties Inc. that inflated
advertising revenue by $20 million, Bloomberg.com reports.

New Jersey filed suit last year against Tyco International Ltd.,
Electronic Data Systems Corp., Sears & Roebuck & Co. and Qwest
Communications International to recover $150 million in pension losses.


HEARTLAND ADVISORS: Agrees To Settle Municipal Bond Funds Lawsuit in WI
-----------------------------------------------------------------------
Heartland Advisors Inc. and related parties have settled one of the
four lawsuits in Milwaukee County Circuit Court seeking return of money
lost in the firm's ill-fated municipal bond funds, the Milwaukee
Journal Sentinel reports.  The settlement terms were not disclosed.

Harold Taylor, who worked on the Manhattan Project during World War II,
was one of the four investors who originally filed the suit.  Mr.
Taylor and the other three investors said they invested a total of $1.5
million in Heartland's High-Yield Municipal Bond Fund and Short
Duration High-Yield Municipal Fund

Thousands of investors lost millions of dollars when Heartland, in
October 2000, marked down the net asset value of its High-Yield
Municipal Bond Fund by 69 percent, and its Short Duration High-Yield
Municipal Fund by 44 percent.   The Securities and Exchange Commission
later froze the funds' assets and had them put under control of a
court-appointed receiver.

In another development, US District Judge J.P. Stadmueller has denied
part of PricewaterhousCoopers' motion to diswmiss the class action
against the accounting firm that relates to its role in the bond funds'
losses.  Heartland no longer is involved in that lawsuit, since Judge
Stadmueller, in July, approved a $14 million partial settlement of the
class action against Hearland and related parties.

The class action against PricewaterhouseCoopers accuses the accounting
firm of not disclosing, after auditing the bond funds, that they had
not adhered to their stated objectives of using a fair value method for
pricing and investing no more than 15 percent of their net assets in
illiquid securities.

Judge Stadmueller said the plaintiffs could go forward with the so-
called Section 11 part of their lawsuit, accusing the accounting firm
of allowing material misstatements in financial statements, which it
certified for 1997, 1998 and 1999.


INDIAN FUNDS: Outgoing Bureau of Indian Affairs Director Disheartened
---------------------------------------------------------------------
Despite his good intentions, the outgoing Bureau of Indian Affairs
(BIA) Director feels disappointed, Tulsa World reports.  As assistant
secretary of the Interior for Indian Affairs, Neal McCaleb had hoped to
improve educational and economic development opportunities for the
nation's 563 American Indian tribes.  Instead, Mr. McCaleb spent most
of his 18 months in office trying to fix the Interior Department's
Indian trust fund system and unsuccessfully defending himself against
accusations that his fixes did not come fast enough.

Mr. McCaleb is leaving his federal job on Friday as a casualty of the
increasingly bitter six-year-old class action which alleges that the
Interior Department has misplaced billions of dollars in royalties owed
to the individual Indians.  Mr. McCaleb is a former Oklahoma state
legislator, director of the state Department of Transportation and
Secretary of Transportation under Governors Henry BellmoSn and Frank
Keating.

"I knew the trust had to be fixed, but I did not know that (fixing it)
would be to the exclusion of everything else," said Mr. McCaleb, 67, in
a recent telephone interview.  Tribal leaders said they admire Mr.
McCaleb, a member of the Chickasaw Nation of Oklahoma, and that they
are sorry to see him go.  Many of the tribe's leaders have sat on an
Interior-sponsored task force that failed to reach an agreement with
the department on trust fund reform.  "Neal, to his credit, worked with
us as much as he was allowed to by the administration, but there was a
point that he could not go past," said Ernie Stensgar, a task force
member and chairman of Idaho's Coeur d'Alene Tribe.

For more than 100 years, the Interior Department has collected
royalties on behalf of the Indians who own the land, from those who
graze livestock, cut timber, mine, drill for oil and gas, and grow
crops on Indian land.  In 1996, Indians filed a lawsuit accusing the
Bureau of Indian Affairs of mishandling their collected monies (or
monies that should have been collected) for decades.  The five lead
plaintiffs say that for years BIA officials have not been able to
answer account holders' basic questions, like who is leasing their land
and what royalties are being paid.

Four months' after he was sworn in as BIA director, Mr. McCaleb was
notified in November 2001, that the court was considering holding him
in contempt, and the trial started the following month.   On September
2002, US District Court Judge Royce C. Lamberth found Mr. McCaleb and
his boss, Secretary of the Interior Department Gail Norton, in contempt
for failing to reform the Indian trust fund system.  During the past
year, Mr. McCaleb and Ms. Norton's deputy secretary Steven Griles have
met with task force members in nine sessions round the country,
discussing with tribe leaders how to fix the systems.  Some plans have
evolved that might serve as component parts of fixes.

Mr. McCaleb has said that he is still interested in Indian country, but
does not want to be the focus of litigation that he can't control and
to which he cannot respond.  Dennis Gingold, the plaintiffs' attorney,
said that Mr. McCaleb should have told Judge Lamberth that while he was
found responsible for the quarterly progress reports that the judge
found to be inaccurate and misleading, the lawyers in the Interior
Department would not allow him to do his job, that it was impossible
for him to perform in the production of those reports.  Then, said, Mr.
Gingold, he would not have been found in contempt.

Mr. McCaleb, on still another matter, has said that he will not concede
that the Interior Department lost billions of dollars going back more
than 100 years.  Just because the federal government cannot find all
the records does not mean the money was not paid out, said Mr.
McCaleb.


INDONESIA: Experts Support Plan To Sue Over Release & Discharge Policy
----------------------------------------------------------------------
Legal experts have come out in support of plans by non-governmental
organizations (NGOs) to take legal action by filing a class action
against the Indonesian government over the issuance of a presidential
instruction, based on a release and discharge (R&D) warrant,
exonerating some former bank owners of their past banking crimes, The
Jakarta Post reports.

The experts are divided, however, about whether the NGOs should file a
class action with the State Administrative Court (PTUN) or seek a
judicial review with the Supreme Court.  Criminal law professor Muladi
said recently that the NGOs should file a judicial review with the
Supreme Court, which has the ultimate power to annul a presidential
instruction.  Professor Muladi also said that the presidential
instruction clearing former bankers of past crimes violated Law No.
5/1991 on the the prosecutor's office, the Criminal Code and the
amended 1945 Constitution.

"The NGOs must file a judicial review because the government cannot
(lawfully) exonerate former bankers of their crimes through a
presidential instruction.  The only official who has the authority to
stop a prosecution for the sake of the national interests is the
attorney general," Professor Muladi told The Jakarta Post.

Professor Muladi, who is also the managing director of The Habibie
Center, a think tank set up by former president BJ Habibie, said it was
improper for the NGOs to file a class action against the government
with the State Administrative Court.  The State Administrative Court,
said Professor Muladi, does not have the authority to nullify a
presidential instruction.  Besides seeking a judicial review, said the
professor, the NGOs should also file lawsuits against the former
bankers.

A coalition of NGOs, led by Teten Masduki of the Indonesian Corruption
Watch (ICW), has begun collecting signatures from professionals in
Jakarta and other cities to pressure the government to drop the
presidential instruction exonerating some former bank owners of their
past crimes.  Mr. Teten has said the NGOs will file a class action
against the government if it refuses to revoke the controversial
"release and discharge" policy.

Legal expert Anna Erliana of the University of Indonesia spoke
pragmatically when she said that the NGOs should take all legal action
available against the government.  "Several NGOs can file a class-
action with the PTUN (State Administrative Court); others can seek a
judicial review with the Supreme Court, said Ms. Erliana.   If the NGOs
win either the lawsuit or the judicial review, they could also file
lawsuits against the former bankers in the state court, Ms. Erliana
said.

Judge Arifin Marpaung of PTUN, Jakarta, said the state administrative
court would accept any class-action lawsuit as long as it challenged
the legality of a government policy.


JAPAN: Lawsuit Seeks State Compensation For Citizens Displaced by War
---------------------------------------------------------------------
A total of 637 people who settled in Japan after being displaced in
China in the aftermath of World War II, recently filed a class action
with the Tokyo District Court, seeking compensation from the state, the
Daily Yomiuri reports.

The major class action, which the so-called "war-displaced" Japanese
are bringing before the public, raises questions about the central
government's policy toward these people.  The term itself refers to
Japanese children who were separated from their parents in the chaos
resulting from the former Soviet Union's participation in the war
against Japan in August 1945.

The plaintiffs contend they were forced to suffer for many years and
continue to struggle for survival following their return home because
the government failed to carry out its duty to help them return to
Japan and assist them in achieving a livelihood.  Now they are asking
the court to order the state to pay them a total of 21 billion yen.

The plaintiffs, comprising 251 men and 386 women, aged 53 to 73, live
chiefly in the Kanto region.  They say in their lawsuit that they were
driven to legal action because of concerns about their old age.  The
plaintiffs make up about one-fourth of all the people left behind in
China at the end of the war who have since returned to Japan.

The complaint further alleges that the state policy at the time of
Japan's defeat was to "abandon" the Japanese who lived in northeastern
China - in effect, forcing them to stay in China and not take steps to
promote their return home.  The complaint contends that the state
regarded the war-displaced people as "deceased" in "the domestic family
register," did nothing to help them return home and simply left them to
their own devices.

When war-displaced people finally returned to Japan, the complaint
alleges, the government neglected its duty to provide support services,
such as language education and vocational training to help the
plaintiffs make a living.  The lawsuit demands that the state pay 30
million yen in compensation to each plaintiff.

In its lawsuit, the plaintiffs appeal to the central government, "How
many times will our motherland abandon us?"  This question posed by
war-displaced Japanese returned from China, but now growing older by
the day, puts a heavy responsibility on the state to openly address its
past policy of not protecting the war-displaced people.

So far, more than 2,455 people have returned to Japan for permanent
settlement, with nearly 70 percent receiving livelihood assistance.  
However, they require more.  Their situation is becoming grim as they
age, because of their advancing years and the prolonged economic slump.  
The language program and vocational training seem less than adequate
for these now elderly people.


MASSACHUSETTS: Study Reveals Possible Racial Profiling by Police Dept
----------------------------------------------------------------------
A review of traffic ticket data shows Massachusetts police were more
likely to search cars of black and Hispanic drivers during routine
traffic stops than those of white drivers, the Boston Globe reports.  
The study by the Globe analyzed more than 750,000 tickets from every
police department in the state to collect information on traffic
citations to measure possible racial profiling by police, following the
example of 20 other states.

The study uncovered a wide racial disparity in the tickets and vehicle
searches.  Statewide, black and Hispanic drivers received traffic
tickets at a rate twice their share of the population.  Once ticketed,
they were 50 percent more likely than whites to have their cars
searched.  However, a higher percentage of the white drivers whose cars
were searched were arrested, the study found.

Lorie A. Fridell, a criminologist and director of research at the
Police Executive Research Forum, a national group of police executives,
said disparities should serve as "a strong red flag."  "The implication
is that the threshold for police is different in searching the two
groups," she told the Associated Press.

The report uncovered that:

     (1) blacks are 4.6 percent of the state's driving-age population,
         but received 10 percent of tickets to state residents.  
         Hispanics make up 5.6 percent of the population, but got 9.6
         percent of tickets;

     (2) Police tend to search minorities cars more often.  Of ticketed
         Hispanic drivers, 2.4 percent were subjected to searches,
         followed by blacks (2.3 percent), American Indians (2.2),
         whites (1.6), Asians (0.8), and Middle Easterners (0.7).
         Blacks and Hispanics driving a new car were searched more
         often than whites in new cars;

     (3) A higher percentage of the whites who were searched were
         apparently found with drugs.  In all, 16 percent of whites
         searched were charged with a drug offense, compared with 12
         percent of blacks searched, 10 percent of Hispanics, 7 percent
         of Asians, 6 percent of American Indians and 4 percent of
         Middle Easterners;

     (4) In 19 communities, minorities who were ticketed were searched
         twice as often as whites.

Sen. Dianne Wilkerson, the sponsor of the state law that required race
of drivers to be reported in traffic stops, wants an explanation from
police.  "What we now know," said Ms. Wilkerson, "is that blacks and
Hispanics who get ticketed are more likely to get searched, but less
likely to have drugs. What else does a police chief in this state need
to know to at least be concerned?"


PFIZER INC.: Reaches $6 Million Settlement over Zithromax Advertising
---------------------------------------------------------------------
Pharmaceutical giant Pfizer, Inc. reached a $6 million settlement with
19 states relating to charges of misrepresenting the performance of
Zithromax, an antibiotic for children used to treat severe ear
infections, the New York attorney general said Monday, according to an
Associated Press report.

Zithromax works with fewer doses and fewer days, but that doesn't make
it superior to other antibiotics, said Christine Pritchard, spokeswoman
for Attorney General Eliot Spitzer.  She also said Pfizer also failed
to disclose that physicians weigh other factors when prescribing
treatment for ear infections, according to AP.  There was no immediate
comment from Pfizer, which admitted no guilt in the settlement.

The Company will pay $2 million toward public service announcements
through March 2005 and promised to inform customers about factors
physicians consider when prescribing antibiotics.  It will also provide
$4 million to cover the cost of the states' investigations.  The states
involved in the settlement are:

     (1) New York,

     (2) Arizona,

     (3) Arkansas,

     (4) California,

     (5) Connecticut,

     (6) Florida,

     (7) Kansas,

     (8) Maryland,

     (9) Massachusetts,

    (10) New Mexico,

    (11) Nevada,

    (12) North Carolina,

    (13) Ohio,

    (14) Oregon,

    (15) Pennsylvania,

    (16) Tennessee,

    (17) Texas,

    (18) Vermont and

    (19) Wisconsin


SANDATA TECHNOLOGIES: Executes Agreement To Settle DE Securities Suit
---------------------------------------------------------------------
Sandata Technologies, Inc. has executed a non-binding memorandum of
understanding with the members of its Board of Directors and the
plaintiffs in the consolidated securities class action filed in the
Court of Chancery of the State of Delaware.

The suit alleges that the defendants breached their fiduciary duties to
the Company and its public stockholders in connection with Sandata
Acquisition Corporation's August 5, 2002 proposal to acquire all of the
outstanding public shares of Sandata.  The consolidated actions also
allege, among other things, that the directors serving on the Special
Committee of the Board of Directors of Sandata are not independent and
that the consideration to be received under Sandata Acquisition
Corporation proposal is inadequate.

Pursuant to the memorandum, the Company agreed to increase its offer
set forth in the Merger Agreement, dated as of October 28, 2002, by and
among Sandata Acquisition Corporation, Bert E. Brodsky, Hugh Freund,
Gary Stoller and Sandata, to $2.21 for each outstanding share of
Sandata common stock.  The memorandum also provides for the parties to
the lawsuits to use their best efforts to agree upon, execute, and
present to the Court a formal stipulation of settlement in order to
obtain the approval of the Court of the settlement and release of the
consolidated actions.

The parties agreed that the stipulation of settlement will provide,
among other things:

     (1) that Sandata Acquisition Corporation will increase its offer
         contained in the merger agreement to $2.21 per share of
         Sandata common stock; and

     (2) for a complete release and settlement of all claims against
         Sandata, the members of its Board, Sandata Acquisition Corp.
         and their respective predecessors, successors, assignees,
         parents, subsidiaries, counsel, accountants, attorneys,
         affiliates, agents and representatives, including without
         limitation, investment banks or bankers or commercial banks
         and any past, present, or future officers, directors, or
         employees of defendants and their predecessors, successors,
         assignees, parents, subsidiaries, counsel, accountants,
         attorneys, affiliates, agents and representatives, which have
         been, or could have been, asserted relating to Sandata
         Acquisition Corporation's proposal.

The Memorandum further provides that the parties to the consolidated
actions will petition the Court for final certification of a non-opt
out class defined as all holders of Sandata common stock as of August
5, 2002, through and including the closing date of the Merger
Agreement.  The settlement contemplated by the Memorandum is subject to
the execution of a formal Stipulation and Settlement, the consummation
of the merger transaction with Sandata Acquisition Corp. for $2.21 per
share of Sandata common stock, final approval of the Court of the
settlement, including certification of a class, and the dismissal of
the consolidated actions by the Court.  The Memorandum also provides
that, subject to approval of the Court, Sandata will pay plaintiffs'
attorneys fees and expenses in an amount not to exceed $60,000.

For more information, contact Bert Brodsky, Chairman, Sandata
Technologies, Inc. by Phone: (516) 484-4400, X200 or by E-mail:
bbrodsky@sandata.com


STAN LEE: Court Sets Fairness Hearing For Settlement on February 2003
---------------------------------------------------------------------
The United States District Court for the Central District of California
will conduct a fairness hearing on February 3,2003 for the settlement
proposed by Stan Lee Media Inc. to settle the securities class action
pending against the Company and:

     (1) Stan Lee,

     (2) Kenneth Williams,

     (3) Robert M. Schultz,

     (4) Stephen M. Gordon,

     (5) Peter F. Paul and

     (6) Paraversal, Inc.

The suit, filed on behalf of purchasers of the Company's common stock
from August 23, 1999 to December 18,2000, inclusive, alleges violations
of federal securities laws.  The hearing will determine:

     (i) whether the proposed settlement of the claims in the
         Litigation for $1,820,633.34 should be approved by the Court
         as fair, just, reasonable and adequate;

    (ii) whether, thereafter, the Litigation should be dismissed with
         prejudice as set forth in the Stipulation of Settlement dated
         as of October 24, 2002;

   (iii) whether the Plan of Allocation is fair, just, reasonable and
         adequate and therefore should be approved; and

    (iv) whether the application of Plaintiffs' Lead Counsel for the
         payment of attorneys' fees and reimbursement of costs and
         expenses incurred in connection with the Litigation should be
         approved.


TRI-STATE CREMATORY: Funeral Directors Seek Removal As Suit Defendants
----------------------------------------------------------------------
Funeral directors who sent bodies to a north Georgia crematory where
neglected corpses were recovered, are expected to ask a judge to remove
their businesses as defendants in a class action, the Associated Press
Newswires reports.

A hearing has been scheduled, and Hamilton County Circuit Judge Neil
Thomas said he expects defense lawyers to make motions to dismiss, to
redefine the class action status of the lawsuit and to send the issue
to the court of appeals.

The lawsuit names Tri-State Crematory operator Brent Marsh and funeral
homes that did business with him, as defendants in a case where more
than 340 bodies meant for cremation were found discarded on the
crematory property last February.  The outcome of the lawsuit could
force some funeral homes to shut down.  Therefore, the importance of
whether or not the funeral homes are retained as defendants.  Mr. Marsh
faces more than 400 felony charges of theft by deception and abuse of
bodies.


YANG MING: Truckers' Fraudulent Billing Lawsuit Withdrawn From NJ Court
-----------------------------------------------------------------------
Truckers who filed a class action against Yang Ming Marine Transport
Corporation in the United States District Court in Newark, New Jersey
withdrew the suit.  In a statement, the Company said the suit against
it, its general agent Solar International Shipping Agency, Inc., and
its billing agent Newport Systems, has been mutually resolved and
discontinued.

The truckers who haul Yang Ming Line containers and chassis had alleged
that Yang Ming was fraudulently billing them for repairs that were not
actually performed, for damages not done by the billed trucker and was
over billing and double billing for the repairs.  The Company has
denied any such actions.

Under the terms of the settlement, all claims against the Company,
Solar and Newport are being withdrawn without any admissions of
wrongdoing.  In exchange, the Company has established a tariff of
charges that it will bill to truckers for equipment repairs.  The
Company will pay no money damages to the truckers, but only a portion
of the truckers' attorneys' fees.

Mr. Wen-jin Lee, Solar's Senior Vice President of Operations applauded
the development as vindication that the Company was innocent of the
charges leveled against it, "We are very pleased that these unfounded
and irresponsible allegations by a handful of truckers have at long
last been shown to be baseless."

Mr. Lee credits defense attorney Michael Wilson of New York's Hill,
Rivkins & Hayden and Newport Systems' sophisticated invoice and
tracking computer system with disproving the truckers' claims.
"After a methodical invoice-by-invoice analysis, the claims are shown
to have been baseless."

Noted Mr. Wilson, "Yang Ming has a right to be pleased. The truckers
originally claimed they were entitled to millions of dollars for
supposedly fraudulent practices that ultimately proved to be without
merit."


AR CONFERENCES
January 08, 2003


                  Meetings, Conferences & Seminars


* Scheduled Events for Class Action Professionals
-------------------------------------------------

January 13-14, 2003
   EMPLOYMENT PRACTICES LIABILITIES: CLAIMS AND COVERAGE   
      Mealey Publications
         La Jolla Marriott, San Diego, CA
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

January 16-17, 2003
   ADVANCED INSURANCE COVERAGE CONFERENCE --
      TOP 10 ISSUES FOR PRACTITIONERS
         Mealey Publications
            The Westin Hotel, Philadelphia
               Contact: 1-800-MEALEYS; 610-768-7800;
                  mealeyseminars@lexisnexis.com

January 16-18, 2003
   PLAINTIFF'S FIRM RETREAT
      Bellagio, Las Vegas
         Contact: 1-800-320-2227;    
            register@masstortsmadeperfect.com

January 23-24, 2003
   INSURANCE BAD FAITH
      The Definitive Conference on Insurance Bad Faith Litigation in
California
         Bridgeport Continuing Education
            San Francisco
               Contact: 818-505-1490

January 30-31, 2003
   REINSURANCE CONFERENCE: A PRACTICAL OVERVIEW OF CURRENT ISSUES
      Mealey Publications
         The Ritz-Carlton Hotel, Philadelphia
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

February 3-4, 2003
   DEFENSE STRATEGIES FOR PHARMACEUTICAL AND MEDICAL DEVICE LITIGATION
      Mealey Publications
         The Ritz-Carlton Hotel, Phoenix, AZ
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

February 3-4, 2003
   MOLD LITIGATION CONFERENCE
      Mealey Publications
         La Jolla Marriott, San Diego, CA
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

February 13-14, 2003
   PRODUCTS LIABILITY
      American Law Institute
         Coral Gables, Florida
            Contact: 215-243-1614; 800-CLE-NEWS x1614

February 14, 2003
   THE SCIENCE OF MOLD
      Bridgeport Continuing Education
         Sacramento
            Contact: 818-505-1490

February 19, 2003
   INSURANCE COVERAGE 2003: CLAIM TRENDS AND LITIGATION
      Practising Law Institute
         PLI New York Center
            Contact: 800-260-4PLI; info@pli.edu.


February 19, 2003
   ASBESTOS PREMISES LIABILITY CONFERENCE
      Mealey Publications
         The Marriott Hotel, Philadelphia
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

February 20-21, 2003
   ASBESTOS LITIGATION 101 CONFERENCE
      Mealey Publications
         The Marriott Hotel, Philadelphia
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

March 3-4, 2003
   TOXIC MOLD LITIGATION
      Marriott East Side Hotel, New York
         Contact: 1-888-224-2480;
            http://www.americanconference.com  


March 3-4, 2003
   PRACTICAL TRAINING FOR THE CLAIMS PROFESSIONAL
      Mealey Publications
         The Westin Hotel, Stamford
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

March 6-7, 2003
   VACCINE LITIGATION CONFERENCE
      Mealey Publications
         The Ritz-Carlton, Boston Commons, Boston
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

March 20-21, 2003
   FUNDAMENTALS OF INSURANCE COVERAGE LAW
      Mealey Publications
         The Westin Hotel, Philadelphia
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

March 23-24, 2003
   CALIFORNIA ENVIRONMENTAL UPDATE
      Bridgeport Continuing Education
         Long Beach
            Contact: 818-505-1490

April 2-5, 2003
   INSURANCE INSOLVENCY & REINSURANCE ROUNDTABLE
      Mealey Publications
         The Fairmont Scottsdale Princess, AZ
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

April 4-5, 2003
   TOXIC TORT IN CALIFORNIA
      Bridgeport Continuing Education
         San Francisco
            Contact: 818-505-1490

April 4-5, 2003
   TOXIC TORT AND ENVIRONMENTAL IN CALIFORNIA
      Bridgeport Continuing Education
         Contact: 818-505-1490

April 8, 2003
   SILICA LITIGATION CONFERENCE
      Mealey Publications
         The Ritz-Carlton Hotel Boston
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

April 10-11, 2003
   HANDLING CONSTRUCTION RISKS 2003:
      ALLOCATE NOW OR LITIGATE LATER
         Practising Law Institute
            PLI New York Center
               Contact: 800-260-4PLI; info@pli.edu.

April 28-29, 2003
   EPHEDRA LITIGATION CONFERENCE
      Mealey Publications
         The Ritz-Carlton Huntington Hotel & Spa, Pasadena, CA
            Contact: 1-800-MEALEYS; 610-768-7800;
               mealeyseminars@lexisnexis.com

May 8-9, 2002
FEN-PHEN LITIGATION CONFERENCE
   Mealey Publications
      The Fairmont Hotel, Dallas
         Contact: 1-800-MEALEYS; 610-768-7800;
            mealeyseminars@lexisnexis.com

May 14-15, 2003
   CALIFORNIA ENVIRONMENTAL UPDATE
      Bridgeport Continuing Education
         San Jose
            Contact: 818-505-1490

June 12-13, 2003
   ENVIRONMENTAL INSURANCE: PAST, PRESENT AND FUTURE
      American Law Institute
         Boston
            Contact: 215-243-1614; 800-CLE-NEWS x1614

June 16-17, 2003
   LITIGATING EMPLOYMENT DISCRIMINATION &
      SEXUAL HARASSMENT CLAIMS
         Practising Law Institute
            PLI New York Center
               Contact: 800-260-4PLI; info@pli.edu.

TBA
   Water Contamination Litigation Conference
      Mealey Publications
         Contact: 1-800-MEALEYS; 610-768-7800;
            mealeyseminars@lexisnexis.com

TBA
   Fair Labor Standards Conference
      Mealey Publications
         Contact: 1-800-MEALEYS; 610-768-7800;
            mealeyseminars@lexisnexis.com


* Online Teleconferences
------------------------

January 06-31, 2003
   ETHICAL CONSIDERATIONS IN MASS TORT
      AND CLASS ACTION LITIGATION IN TEXAS
         CLE Online Seminar
            Contact: 512-778-5665; info@cleonline.com

January 06-31, 2003
   NBI PRESENTS "LITIGATING THE CLASS
      ACTION LAWSUIT IN FLORIDA
         CLE Online Seminar
            Contact: 512-778-5665; info@cleonline.com

May 14, 2003
   CLASS ACTION BASICS
      ABA-CLE
         Contact: 800-285-2221; abacle@abanet.org

PAXIL LITIGATION
   LawCommerce.Com
      Contact: customerservice@lawcommerce.com

INTRODUCTION TO CLASS ACTIONS AND LARGE RECOVERIES
   Big Class Action
      Contact: seminars@bigclassaction.com

RECOVERIES
   Big Class Action
      Contact: seminars@bigclassaction.com

SHOULD I FILE A CLASS ACTION?
   LawCommerce.Com
      Contact: customerservice@lawcommerce.com

THE EFFECTS OF ASBESTOS ON THE PULMONARY SYSTEM
   LawCommerce.Com
      Contact: customerservice@lawcommerce.com

THE STATE OF ASBESTOS LITIGATION: JUDICIAL PANEL DISCUSSION
   LawCommerce.Com
      Contact: customerservice@lawcommerce.com

TRYING AN ASBESTOS CASE
   LawCommerce.Com
      Contact: customerservice@lawcommerce.com


The Meetings, Conferences and Seminars column appears in the Class
Action Reporter each Wednesday.  Submissions via e-mail to
carconf@beard.com are encouraged.


                        New Securities Fraud Cases

ANNUITY AND LIFE: Chitwood & Harley Lodges Securities Suit in CT Court
----------------------------------------------------------------------
Chitwood & Harley initiated a securities class action in the United
States District Court, District of Connecticut, on behalf of purchasers
of the securities of Annuity and Life Re (Holdings), Ltd. (NYSE:ANR)
between February 12, 2001 and November 19, 2002 against the Company and
certain of its officers and directors.

The suit alleges that defendants violated the federal securities laws
by issuing a series of materially false and misleading statements
and/or concealing material adverse facts throughout the class period
thereby artificially inflating the price of the Company's securities.

Specifically, the suit alleges that defendants failed to disclose
and/or misrepresented the following adverse facts, among others:

     (1) that the Company had failed to properly account for embedded
         derivatives contained in its annuity reinsurance contracts in
         2001;

     (2) that, since at least 2001, the Company had understated a
         portion of its liabilities and expenses;

     (3) that the Company lacked adequate internal controls and was
         therefore unable to ascertain the true financial condition of
         the Company; and

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

On November 19, 2002, the last day of the class period, the Company
announced that it was going to restate its financial results for 2000,
2001, and the first and second quarters of 2002 due to the Company
having improperly accounted for embedded derivatives contained in its
annuity reinsurance contracts during those years.  The Company's stock
plummeted 44% upon this revelation.

For mor edetail, contact Jennifer Morris by Mail: 1230 Peachtree
Street, Suite 2300, Atlanta, Georgia 30309 by Phone: 1-888-873-3999 or
404-873-3900 by E-mail: jlm@classlaw.com or visit the firm's Website:
http://www.classlaw.com


ANNUITY AND LIFE: Scott + Scott Commences Securities Suit in CT Court
---------------------------------------------------------------------
Scott + Scott, LLC initiated a securities class action in the United
States District Court, District of Connecticut on behalf of purchasers
of the securities of Annuity and Life Re (Holdings), Ltd. (NYSE:ANR)
during the period from February 12, 2001 through November 19, 2002,
inclusive against the Company and:

     (1) Frederick S. Hammer,

     (2) Lawrence S. Doyle and

     (3) John F. Burke

The suit alleges that defendants violated the federal securities laws
by issuing a series of materially false and misleading statements
and/or concealing material adverse facts throughout the class period,
thereby artificially inflating the price of the Company's securities.  
Throughout the class period, the Company reported strong revenue growth
and stable projected earnings.  The suit alleges, however, that
defendants failed to disclose and/or misrepresented the following
adverse facts, among others:

      (i) that the Company had failed to properly account for embedded
          derivatives contained in its annuity reinsurance contracts in
          2001;

     (ii) that, since at least 2001, the Company had understated a
          portion of its liabilities and expenses;

    (iii) that the Company lacked adequate internal controls and was
          therefore unable to ascertain the true financial condition of
          the Company; and

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

On November 19, 2002, the last day of the class period, the Company
announced that it would be restating its financial results for 2000,
2001 and the first and second quarters of 2002 due to the Company
having improperly accounted for embedded derivatives contained in its
annuity reinsurance contracts during those years.  The Company's stock
plummeted 44% upon this revelation.

For more details, contact David R. Scott or Neil Rothstein by Mail: 108
Norwich Avenue, Colchester, Connecticut 06415 by Phone: 800/404-7770 by
Fax: 860/537-4432 or by E-mail: drscott@scott-scott.com or
nrothstein@scott-scott.com


ATLAS WORLDWIDE: Marc Henzel Commences Securities Fraud Suit in S.D. NY
-----------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court for the Southern District of New
York on behalf of purchasers of Atlas Worldwide Holdings, Inc. (NYSE:
CGO) stock from April 18, 2000, through January 2003.

The Company said it will reaudit its financial results for 2000 and
last year, a move that is likely to increase its year-to-date profit by
$5 million to $10 million but cut net income for previous years by a
total of $60 million to $65 million.  The Company said the decision to
audit its books a second time was triggered by a "systematic review of
our financial records and accounting policies."  The Securities and
Exchange Commission is conducting an informal inquiry into the
restatement.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182


BROADWING INC.: Marc Henzel Commences Securities Fraud Suit in S.D. OH
----------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court, Southern District of Ohio, Western
Division, on behalf of purchasers of the securities of Broadwing, Inc.
(NYSE: BRW) between January 17, 2001 and May 20, 2002, inclusive. The
action, is pending against the Company, Richard G. Ellenberger and
Kevin W. Mooney.

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 17, 2001 and May 20, 2002 thereby artificially
inflating the price of Broadwing securities.  As alleged in the
complaint, Broadwing, together with its consolidated subsidiaries,
purported to be a full-service, local and national provider of data and
voice communications services.

Throughout the class period, as alleged in the complaint, defendants
represented to investors that:

     (1) Broadwing's business was strong;

     (2) it had unique attributes that set it apart from its
         competitors in the industry and that immunized it from the
         adverse effects of the industry-wide downturn and related
         "bandwidth glut;"

     (3) the Company was successfully achieving strong financial
         results and executing on its business plan; and

     (4) the Company's goodwill asset was reasonably valued at $2.2
         billion.

As alleged in the complaint, these statements were materially false and
misleading because they failed to disclose, among other things, that:

     (i) the Company was not increasing its revenue by winning over new
         customers with unique and superior service offerings but
         rather through the use of one-time transactions with other
         carriers and sham swap transactions that had no economic
         substance;

    (ii) Broadwing's broadband revenue flow was extraordinarily
         unreliable because it was derived in large part from its
         competitors who were themselves vulnerable to the
         telecommunications industry downturn; and

   (iii) the Company's reported goodwill and shareholder equity were
         grossly over-valued.

On May 20, 2002, the truth emerged that a material portion of
Broadwing's revenue was derived from one-transactions with its
competitors.  Broadwing's share price plummeted 30% on these reports
and related concerns about the quality of Broadwing's revenue reporting
and liquidity, to close at $3.70 down $1.58 from the previous days
closing price of $5.28.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182


COMERICA INC.: Marc Henzel Commences Securities Fraud Suit in E.D. MI
---------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court, Eastern District of Michigan, on
behalf of purchasers of the securities of Comerica Incorporated (NYSE:
CMA) between July 17, 2002 and October 1, 2002, inclusive. The action
is pending against the Company and:

     (1) Ralph W. Babb Jr.,

     (2) Elizabeth S. Acton and

     (3) Marvin J. Elenbaas

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 July 17, 2002 and October 1, 2002, thereby artificially
inflating the price of Comerica securities.

Throughout the class period, as alleged in the complaint, defendants
issued statements regarding the Company's financial performance and
filed a quarterly report with the SEC which described the Company's
increasing revenues and financial performance.  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 materially overstated its net income by
         approximately $23 million in the second quarter of 2002;

    (ii) that the Company lacked adequate internal controls and was
         therefore unable to ascertain the true financial condition of
         the Company; and

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

On October 2, 2002, before the market opened for trading, the Company
issued a press release announcing that it will record a $328 million
charge "related to an incremental provision for credit losses and
goodwill impairment for the company's Munder Capital Management
subsidiary."  As a result, the Company will be restating its second
quarter earnings to $161 million, compared to previously-reported
earnings of $184 million.  

The Company further reported that the additional provision and charge-
offs related to the second quarter "were determined during a recent
subsidiary regulatory examination."  Following this report, shares of
Comerica fell $10.19 per share, or $20.3%, to close at $40 per share,
on volume of more than 10.855 million shares traded, or more than ten
times the average daily volume.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182


MSC INDUSTRIAL: Marc Henzel Commences Securities Fraud Suit in E.D. NY
----------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court for the Eastern District of New
York on behalf of purchasers of MSC Industrial Direct Co., Inc. (NYSE:
MSM) who purchased during the period between November 4, 1999 and
August 5, 2002, inclusive, against the Company and:

     (1) Mitchell Jacobson,

     (2) Sidney Jacobson,

     (3) Shelley Boxer,

     (4) Charles Boehlke,

     (5) David Sandler,

     (6) James Schroeder,

     (7) Dennis Kelly,

     (8) Raymond Langton,

     (9) Roger Fradin and

    (10) Philip Peller

The complaint alleges that defendants issued materially false and
misleading financial statements and press releases concerning the
Company's revenues, income and earnings per share during the class
period in violation of Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182


NTL INC.: Marc Henzel Commences Lawsuit for Securities Fraud in S.D. NY
-----------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court, Southern District of New York on
behalf of purchasers of the securities of NTL, Inc. (NYSE: NLI) between
August 9, 2000 and November 29, 2001, inclusive.  The action is pending
against the Company and:

     (1) George S. Blumenthal,

     (2) J. Barclay Knapp,

     (3) Steven Carter and

     (4) John F. Gregg

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 August 9, 2000 and November 29, 2002, thereby
artificially inflating the price of Company securities.

The complaint alleges that, throughout the class period, defendants
issued a series of materially false and misleading statements which
failed to disclose, among other things:

     (i) that the Company was unable to effectively integrate its
         acquisitions and, as a result was experiencing substantial
         difficulties in operating its business;

    (ii) that the Company was not fully funded until 2003, and as a
         result of its massive debt burden would necessarily have to
         restructure its debt;

   (iii) that the Company was underreporting churn rates by failing to
         report terminations and by continuing to bill customers for
         accounts which they had terminated, thereby creating the false
         impression that the Company was retaining customers longer and
         that migrations were decreasing; and

    (iv) that the Company was improperly delaying the writedown of
         billions of dollars of impaired assets, thereby artificially
         inflating the Company's operating results.

Indeed, after the end of the class period, NTL announced that it would
write off over $11 billion of goodwill and other asset impairments
prior to reporting fourth quarter financial results, which would result
in an astounding loss per share for the fourth quarter 2001 of $46.46
per share.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182


NUI CORPORATION: Marc Henzel Launches Securities Fraud Suit in NJ Court
-----------------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class action
in the United States District Court, District of New Jersey, on behalf
of purchasers of the securities of NUI Corporation (NYSE: NUI) between
November 8, 2001 and October 17, 2002, inclusive.  The action is
pending against the Company and John Kean, Jr.

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 November 8, 2001 and October 17, 2002, thereby
artificially inflating the price of Company securities.

Throughout the class period, as alleged in the complaint, NUI issued
materially false and misleading statements regarding the Company's
businesses, and current and future financial prospects.  As alleged in
the complaint, these statements were materially false and misleading
because they failed to disclose, among other things, that:

     (1) NUI was having and would continue to have significant
         increases in fixed costs for the build up of its
         telecommunications business due to the ongoing expansion of
         the business, including the offering of new products during FY
         2002;

     (2) NUI was experiencing a tremendous increase in the costs of
         self-insuring NUI's medical and health benefit programs due to
         the large increase in the number and dollar value of claims
         being filed and NUI failed to add the proper amounts to NUI's
         reserves for these claims in order to increase NUI's reported
         quarterly earnings;

     (3) due to the worsening of the economy throughout the class
         period, NUI was experiencing a sharp increase in bad debts as
         customers could not afford to pay their bills, and defendants
         failed to timely and properly increase the reserve for bad
         debts carried on NUI 's financial statements; and

     (4) NUI was experiencing a steep decline in the value of its
         pension plan assets, which would require NUI to accrue
         significant pension expenses in FY 2003, instead of recording
         a pension credit as it had done in the previous eight years.

On October 18, 2002, defendants shocked the market when they announced
that NUI's earnings for FY 2002 would be far below their prior
guidance, in part because of increased fixed cost expenses for its
telecommunications business, accruals for pension expenses, and
increases to the reserves for medical and health benefit claims.  
Following this announcement, NUI's shares fell $9.27 per share, or
approximately 49%, to close at $10.90 per share.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery Ave.,
Suite 202, Bala Cynwyd, PA 19004 by Mail: 610-660-8000 or 888-643-6735
by Fax: 610-660-8080 by E-Mail: mhenzel182@aol.com or visit the firm's
Website: http://members.aol.com/mhenzel182

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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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Beard Group, Inc., Washington, D.C.  Enid Sterling, Aurora Fatima
Antonio and Lyndsey Resnick, Editors.

Copyright 2002.  All rights reserved.  ISSN 1525-2272.

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