CAR_Public/030711.mbx           C L A S S   A C T I O N   R E P O R T E R
  
            Friday, July 11, 2003, Vol. 5, No. 136

                        Headlines                            

BLUE SQUARE: Sued for Violating Israeli Consumer Protection Act
CALIFORNIA: Mulls Diphenyl Ether Ban Over Risk to Women, Newborn
CHIRON CORPORATION: Agrees To Settle Antitrust Suit Over Tests
CORDIS CORPORATION: Warns Centers Of Risks Of Cypher Stent Use
CORRUGATED BOXES: Top Firms Launch Antitrust Lawsuits in N.D. IL

ENRON CORPORATION: Trial in Washington County Lawsuit Delayed
FLORIDA: Court Certifies ADA Suit V. Palm Beach Elections Head
FROZEN SHRIMP: Quirola Consumers Warned Of Undeclared Sulfites
GEORGIA: Violent Death Rate For Prison "Extraordinarily High"
GLAXOSMITHKLINE: To Settle Lawsuits Over Lymerix Lime Vaccine

HAWAII: Two Dozen Japanese Tourists Injured in Tour Bus Accident
IN-FLIGHT ENTERTAINMENT: FAA Reveals Systems Still Malfunction
NEW YORK: Court Allows Race Bias Suit V. Parks Dept To Proceed
NORWEGIAN CRUISE: Couple Allegedly Held Captive On Company Ship
PACIFIC SEAFOOD: Recalls Salmon Due To Listeria Contamination

PHARMACEUTICAL FIRMS: UK Hemophiliacs Sue Over Tainted Blood
POLAROID: Employees Commence Lawsuit For ERISA Violations in MA
PROCOM TECHNOLOGIES: Investors Sue Over False Revenue Statements
QWEST COMMUNICATIONS: To Settle Consumer Fraud Suit For $3.75M
RESPIRONICS CALIFORNIA: Recalls Ventilators For Health Hazards

SLAVE REPARATIONS: Lead Plaintiff in Suit Lauds Bush Statement
SOMALIA: United States Appeals Court Hears Deportation Lawsuit
SOUTH CAROLINA: Chester County District Sued For Unpaid Overtime
TAR CREEK: Plaintiffs' Lawyers To Tour Site, Meet With Clients
TENET HEALTHCARE: SEC Subpoenas Medicare Payments Documents

UCLA SCHOOL OF MEDICINE: Judge Urges Desecration Suit Settlement

* Mass Tort Conference Covers Spectrum of Topics


                       Asbestos Alert

ASBESTOS LITIGATION: Asbestos Bill Heightens Insurer Woes
ASBESTOS LITIGATION: Texas Senator Resurrects Asbestos Measure
ASBESTOS LITIGATION: Status Confab Eyed for ABB Asbestos Plan
ASBESTOS LITIGATION: Halliburton Shares Soar on Asbestos Plan   
ASBESTOS LITIGATION: Rantoul Levies $4,446 for Asbestos Claims

ASBESTOS LITIGATION: UAI Gets Another Asbestos-Related Rap
ASBESTOS LITIGATION: Administrative Judge Upholds Levy in Suit
ASBESTOS LITIGATION: Watts Battles 100 Asbestos-Related Suits


                  New Securities Fraud Cases

BARRICK GOLD: Rabin Murray Launches Securities Suit in S.D. NY
CRYO-CELL INTERNATIONAL: Marc Henzel Files Securities Suit in FL
DAISYTEK INTERNATIONAL: Marc Henzel Lodges Securities Suit in TX
FEDERAL HOME: Marc Henzel Files Securities Fraud Suit in S.D. NY
POLYMEDICA CORPORATION: Lasky & Rifkind Lodges Stock Suit in MA

READ-RITE CORPORATION: Schiffrin & Barroway Lodges Lawsuit in CA
READ-RITE CORPORATION: Charles Piven Files Securities Suit in CA
SINGING MACHINE: Lasky & Rifkind Launches Securities Suit in FL

                        *********

BLUE SQUARE: Sued for Violating Israeli Consumer Protection Act
---------------------------------------------------------------
Blue Square-Israel Ltd. received a copy of a claim and a
petition to approve a class action, which had been filed against
it and its subsidiaries, The Blue Square Chain Investments &
Properties Ltd. and The Blue Square Chain (Hyper Hyper) Ltd., on
June 23 with the District Court in Tel Aviv-Yafo.

The petitioners allege that these companies, when charging for
goods purchased by weight in their stores, round the amounts due
by customers in a manner that contravenes the Israeli Consumer
Protection Act of 1981 and other applicable law.  The claimants
are claiming an aggregate of NIS25 million against the
companies.  Blue Square is now in the process of examining the
claim and the petition.

Blue Square-Israel Ltd is a leading retailer in Israel.  A
pioneer of modern food retailing in the region, Blue Square
currently operates [162] supermarkets under different formats,
each offering varying levels of services and prices. For more
information, visit the Company's Website; http://www.coop.co.il.


CALIFORNIA: Mulls Diphenyl Ether Ban Over Risk to Women, Newborn
----------------------------------------------------------------
California Environmental Protection Agency Secretary Winston
Hickox backed a proposal to ban two forms of chemicals used as
flame retardants, the Associated Press reports.  These chemicals
are commonly used in upholstery, electronics and other foam and
plastic products.

California could be the first state to ban the use of
polybrominated diphenyl ethers (PBDEs) and octabrominated
diphenyl ethers - which can accumulate in the blood of mothers
and their newborn children.  Citing research partly developed by
the state EPA, Sec. Hickox said the chemicals can disrupt the
thyroid and hurt children's brain development.  He added that
the levels in North American women are the highest in the world
and are nearing levels that have been shown to damage learning,
memory and behavior in laboratory mice.  

The European Union will ban the use of these chemicals by mid-
2004.  Some American manufacturers have voluntarily stopped
using the chemicals, but Sec. Hickox told AP the chemicals
should be banned worldwide.  

Assemblywoman Wilma Chan told AP she hopes approval of her
proposed California ban "will spark the rest of the nation to
take action."  The chemicals would be banned by 2008 under the
plan.  A telephone message was not immediately returned Monday
from the Chemical Manufacturers Association, AP reports.


CHIRON CORPORATION: Agrees To Settle Antitrust Suit Over Tests
--------------------------------------------------------------
Chiron Corporation and its European licensee, F. Hoffman-La
Roche have settled antitrust complaints with European blood
banks over the pricing of its hepatitis and HIV tests, the
Associated Press reports.

The German Red Cross Donation Service and the Working Society of
Physicians filed the suit in October 2001, alleging that Roche's
prices for its tests were unreasonable and should be prohibited.  
Groups from the Netherlands, the United Kingdom, Finland and
Luxembourg later joined the suit.

The Commission of the European Communities has accepted a joint
settlement proposal made by the defendants.  The Company told AP
that it settled the suit by modifying licensing agreements that
allow Hoffman-La Roche to use Chiron's technology in hepatitis C
and HIV-1 blood-testing kits.

Under the settlement, the company will extend a time-limited
license offer to blood banks using "home brew" testing, allowing
them to continue to use their own in-house technology to screen
donations.  As part of this offer, Chiron will provide relief
from liability for past infringements to all blood banks that
take such a license, the Associated Press reports.


CORDIS CORPORATION: Warns Centers Of Risks Of Cypher Stent Use
--------------------------------------------------------------
Cordis Corporation told 1,200 cardiac centers to be careful in
using its popular new drug coated heart stent, Cypher, saying it
has been linked to blood clots in almost three dozen people,
including five who died, the Associated Press reports.  The
Cypher stent is a tiny metal scaffold that props open a cleaned-
out artery and, unlike other stents, emits a drug to reduce the
chances the artery will clog again.

The Company wrote a letter to the centers, saying clots could
happen if the Cypher was used improperly by choosing stents that
were too small, implainting stents improperly or not giving
patients appropriate anti-clotting medicine afterward.  The
Company however, called the risk very rare considering 50,000
patients have received a Cypher stent since the eagerly awaited
device began selling in April.  It further stated that the drug
doesn't prevent a different risk posed by all stents - blood
clots that form around the device and can cause a heart attack.

The United States Food and Drug Administration echoed the
warning after it received reports of blood clots in 34 Cypher
stent recipients.  Five of those patients died, although FDA
doesn't know if the clots actually caused the deaths, a
spokeswoman told the Associated Press. The FDA said that in
studies where Cypher was implanted under strict conditions, it
proved no more likely to cause blood clots than long-used bare-
metal stents.

FDA cardiovascular devices chief Dr. Bram Zuckerman detailed
guidelines for the safe-use of Cypher, namely:

     (1) Cypher stents are only for new patients, not to replace
         a reclogged stent;

     (2) Recipients must take anti-clotting drugs for three
         months after getting the stent - not the mere two weeks
         prescribed for bare-metal stents - because arteries
         heal slower after Cypher insertion;

     (3) Closely match stent size to artery diameter.  Demand
         for the Cypher greatly eclipsed supply when it debuted,
         and Cordis said it initially concentrated on making
         smaller sizes but now offers a larger size.

     (4) Be sure the stent is fully open, touching the artery
         wall;

For more information, contact the Company by Phone: 1-800-327-
7714, or the FDA by Phone: 1-800-FDA-1088 or visit the firm's
Website: http://www.fda.gov/MedWatch.


CORRUGATED BOXES: Top Firms Launch Antitrust Lawsuits in N.D. IL
----------------------------------------------------------------
Several corporate giants commenced three new separate lawsuits
against corrugated and sheet box manufacturers in the United
States District Court for the Northern District of Illinois,
Packaging Online reports.

The suit alleges that the defendants conspired to artificially
manipulate the supply and prices for corrugated plaintiff boxes
between 1993 to 1995.  The plaintiffs include:

     (1) Procter & Gamble,

     (2) Kraft Food North America,

     (3) Coca-Cola,

     (4) Colgate-Palmolive,

     (5) Chiquita Brands,

     (6) Hallmark Cards,

     (7) Sara Lee,

     (8) SmithKline Beecham, and

     (9) Tyson Foods

Paul Vishny, legal counsel for the Association of Independent
Corrugated Converters (AICC) wrote, according to Packaging
Online, that "the number and notoriety of the plaintiffs reads
like a Who's Who of the Fortune 100 companies."  An earlier suit
in Philadelphia case listed only a dairy, a refractories
company, and other small users.

"Interestingly enough, these new cases also do not include a
class for linerboard purchasers, just corrugated sheets and
boxes," Mr. Vishny added.  "In all likelihood, these cases will
be transferred to Philadelphia, but they are not class action
suits and will probably require separate trials"


ENRON CORPORATION: Trial in Washington County Lawsuit Delayed
-------------------------------------------------------------
Washington County Judge Terry Flenniken reset trial for a
securities class action against Enron Corporation from September
29, 2003 to November 10. It is the first Enron shareholder suit
expected to reach trial, the Houston Chronicle reports.  Judge
Flenniken moved the date after the plaintiffs' attorneys missed
a deadline to name expert witnesses.

The suit was filed on behalf of Washington County residents who
bought Enron stock after former Enron Chairman Ken Lay spoke at
a local Chamber of Commerce forum.  The suit was filed at a time
when dozens of cases were filed nationwide after Enron collapsed
in December 2001.  

Most of the suits were consolidated in the United States
District Court in Houston, Texas, before Judge Melinda Harmon,
but the Washington County suit escaped this fate. This is
because attorneys Sean Jez and George Fleming, decided to limit
the number of plaintiffs so it could not be lumped in with the
federal securities fraud suits.  The attorneys also named only a
few defendants to keep the case manageable and move it to trial
quickly.  The suit only names former Enron accounting firm
Arthur Andersen and several former Enron and Andersen executives
such as Mr. Lay, former Chief Executive Officer Jeffrey Skilling
and former Chief Financial Officer Andrew Fastow as defendants.

Even with the delay, the case is seen as proceeding well.  
Defendants have tried to get the case stopped, moved to federal
court or broadened, but Judge Flenniken has generally treated
the maneuvers as stall tactics and pushed forward with the case,
the Houston Chronicle reports.

Arthur Andersen asked the court to include as defendants
financial institutions J.P. Morgan Chase & Co., Merrill Lynch,
Bank of America, Credit Suisse First Boston and others.  Judge
Flenniken refused to grant the request, and Andersen's attorney
Rusty Hardin appealed the decision to the Texas 14th Court of
Appeals.  Arguments before the appeals court in Houston are
scheduled this week.


FLORIDA: Court Certifies ADA Suit V. Palm Beach Elections Head
--------------------------------------------------------------
US Magistrate Judge Linnea Johnson granted class status to a
lawsuit filed against Palm Beach County Elections Supervisor
Theresa Lepore over voting machines for sight-impaired voters,
the Miami Herald reports.

The suit charges Ms. Lepore with failing to distribute Sequoia
audio voting machines during the 2002 general elections, because
she thought it would slow the process down.  The suit, filed on
behalf of 30,000 sight-impaired voters, alleges violations of
the Americans with Disabilities Act.

The trial is tentatively scheduled for December.  "It's a huge
boost," Miami attorney Matthew W. Dietz, who filed the lawsuit
in February on behalf of five voters, told the Herald.  

Ms. LePore told the Herald the lawsuit is unfair because the
county isn't required by law to put audio voting machines in
every precinct until 2006.  She said in the 2002 general
election, the machines were new and an audio ballot took a long
time, so it was decided to only have it in the main office.

"We knew the polls were going to be crowded and we wanted to
make it convenient for the voters who had to use the audio
ballot, so we had it in the main office so they could be
comfortable," Ms. LePore said.


FROZEN SHRIMP: Quirola Consumers Warned Of Undeclared Sulfites
--------------------------------------------------------------
New York Agriculture Commissioner Nathan L. Rudgers warned
sulfite-allergic consumers and asthmatics to avoid consuming
"Quirola Fresh Frozen Shrimp" due to the presence of undeclared
sulfites in the product.

The product was sold by Chong Rae Choi, 10 Willoughby Street,
Brooklyn, New York 11201.  "Quirola Fresh Frozen Shrimp", a
product of Ecuador, was offered for sale from a bulk display on
June 17, 2003.  The shrimp was sold cash and carry from the 10
Willoughby Street location.  

Routine sampling by New York State Department of Agriculture and
Markets food inspectors revealed the shrimp contained high
levels of sulfites, which were not declared on the label.  
Sulfites can cause deadly reactions in asthmatics and others
suffering sulfite allergies.  No illnesses have been reported to
date.

Consumers who purchased "Quirola Fresh Frozen Shrimp" should
return it to the place of purchase.


GEORGIA: Violent Death Rate For Prison "Extraordinarily High"
-------------------------------------------------------------
Prisoners at Phillips State Prison in Buford, Georgia have died
violently at an "extraordinarily high" rate, documents in a
class action filed against the 1,200-bed prison, state,
according to the Associated Press.  The Atlanta-based advocacy
group Southern Center for Human Rights filed the suit on behalf
of 225 mentally ill inmates.

The suit alleges the Georgia Department of Corrections permitted
deaths to occur because of undertrained correctional staff and
"inadequate procedures dealing with the special population of
seriously mentally ill prisoners."  The suit further states that
since July 2001, six inmates have died from suicide, falls or
assaults by other inmates.  The most recent death was inmate
Reginald Taylor, who hanged himself after the was "slammed
against a wall or fence by an officer.'

The Georgia Department of Corrections does not comment on
pending litigation, spokeswoman Scheree Lipscomb told AP.


GLAXOSMITHKLINE: To Settle Lawsuits Over Lymerix Lime Vaccine
-------------------------------------------------------------
GlaxoSmithKline, formerly SmithKline Beecham, agreed to settle a
consolidated class action over its discontinued Lymerix Lime
disease vaccine, alleging it could cause an arthritic condition
in some people, Philly.com reports.  

Several suits were filed in New York, New Jersey and
Pennsylvania, but these were later consolidated in Chester
County Court under Judge Jacqueline C. Cody.  In February 2002,
the Company removed Lymerix off the market, which plaintiffs'
attorneys said accomplished the main goal of the suit.

Under the settlement, the Company initially agreed to pay
$926,250 for lawyers' fees and $137,997 for the suit's costs to
the plaintiffs' attorneys.  Those who received the vaccine will
get nothing from the settlement.  Judge Cody expressed concern
on the amounts, and trimmed the amout by 5%.

Stephen A. Sheller, an attorney for the plaintiffs, didn't
criticize the scrutiny of the attorney fees, though he said the
lawyers wouldn't become wealthy after the money was divided more
than 30 ways, the Houston Chronicle reports.  Mr. Sheller said
the litigation was started at the urging of doctors worried that
the vaccine could cause a risk of arthritis in some genetically
susceptible people.

GlaxoSmithKline denied that the vaccine caused any illness and
said it was proven safe and effective in clinical trials.  The
company said it agreed to the settlement only to avoid the costs
of lengthy litigation, the Houston Chronicle reports.  The
company took the vaccine off the market for financial reasons,
not because of health risks or lawsuits, said Danielle Halstrom,
a GlaxoSmithKline spokeswoman.


HAWAII: Two Dozen Japanese Tourists Injured in Tour Bus Accident
----------------------------------------------------------------
Two-dozen Japanese tourists were injured when a tour bus crashed
into a guardrail, the Associated Press reports.  The driver of
the bus allegedly collapsed at the wheel and is presently in
critical condition at the Queen's Medical Center.

The tourists were returning to their hotel Saturday night, when
the tour bus flipped onto its side and slid 150 feet on a
highway just outside Honolulu, Hawaii.  Two of the passengers
were in serious condition, authorities told AP.  Twenty-two
other passengers were treated for minor injuries and released.

Police further added that two passengers tried unsuccessfully to
take control of the bus after the driver slumped over. Most of
the passengers got out through escape hatches through the roof
of the bus, Fire Department spokesman Capt. Kenison Tejada told
AP.

The driver's arm was trapped under the bus, Capt. Tejada said.  
"We were able to use the jaws (Jaws of Life device) to free him
up and take him out of the front windshield, which was actually
near the ground level."

Police told AP the driver may have suffered from medical
problems, and that neither alcohol nor amphetamines were factors
in the crash.


IN-FLIGHT ENTERTAINMENT: FAA Reveals Systems Still Malfunction
--------------------------------------------------------------
An analysis of the United States Federal Aviation Administration
(FAA) database reveals that in-flight entertainment systems are
still malfunctioning, even after a Swissair jet crashed in 1998
due to an entertainment system malfunction, the Associated Press
reports.  The entertainment system in the Swissair jet caught
fire, causing it to crash in Nova Scotia, and killing all 229
passengers on board.

After the crash, US airlines sent 60 reports of service
difficulties with the entertainment systems.  Many involved fire
smoke, sparks or a burning odor in the passenger cabin.  In
response, the FAA sent 22 orders to modify, repair or ban
entertainment systems installed as replacements between 1992 and
2000.  However, the agency vouched for the safety of
entertainment systems, and said the orders were meant to prevent
unsafe conditions.  


The agency told AP it has made sure that no system has the same
design features as the one on the Swissair aircraft.  The FAA
also required airlines to report within three days each
"failure, malfunction or defect" that could endanger an
aircraft.  "More incidents probably go unreported than are
reported," Alex Richman, spokesman for AlgoPlus Consulting,
which analyzes data for aircraft operators told AP.

Manufacturers say safety is the first priority for their
systems.  "We'd support any procedures that would further
enhance the safety of the systems," Rob Brookler of the World
Airline Entertainment Association, which represents
manufacturers, suppliers and airlines, told AP.


NEW YORK: Court Allows Race Bias Suit V. Parks Dept To Proceed
--------------------------------------------------------------
The United States District Court in Manhattan allowed a lawsuit
filed by several Parks and Recreation Department employees
against the agency to proceed as a class action, the Associated
Press reports.

A group of 11 black and Hispanic Parks Department employees
lodged the suit in 2001, alleging the agency refused to give
minorities raises and promotions and failed to enforce laws
promoting equal employment opportunity.

Judge Denny Chin ruled Monday that the allegations were common
to all of the employees "regardless of civil service rank,
title, provisional status, or collective bargaining agreement,"
the Associated Press reports.  The ruling would expand the
impact of the case if the plaintiffs win.

Barbara Butler, a senior attorney for the city's corporation
counsel, told AP the ruling was standard procedure.


NORWEGIAN CRUISE: Couple Allegedly Held Captive On Company Ship
---------------------------------------------------------------
A married couple recently sued the Norwegian Cruise Lines
(Norwegian), alleging they were held captive on one of the
company's luxury ships in Hawaii because the wife was doing work
for a law firm suing the Company, Reuters reports.

The couple, Mark and Beth Lurie, filed suit in Manhattan, in the
US District Court, contending they were prevented from leaving
the Norwegian Star when it docked in Maui on February 28.  The
lawsuit further alleges they were held incommunicado in a locked
room for several hours.  They were then forced to leave the ship
before the cruise ended.  The Luries, who said they paid $1,499
for the week-long cruise, are seeking more than $500,000 in
actual damages and over $1 million in punitive damages.

The lawsuit said the ship's crew held them captive because Beth
Lurie is a paralegal for Jenkens & Gilchrist Parker Chapin, a
Manhattan law firm that has filed a class action on behalf of
Norwegian Cruise employees, alleging they have not been fully
paid.  Barry Fertel, the couple's lawyer, told Reuters that Beth
Lurie had been asked by her firm to question some cruise line
employees, during her vacation cruise, regarding the class
action.

The lawsuit claims that Norwegian Cruise, a unit of NCL Holding,
which is owned by Malaysia's Star Cruises, refused to reimburse
the couple for the cost of the cruise.

Spokeswoman for the cruise line, Susan Robison, said that at no
time was the couple confined to their cabin.  She also said a
federal district judge in New York has ordered the law firm
representing Mark and Beth Lurie not to send anyone undercover
as passengers onboard the company's ships.


PACIFIC SEAFOOD: Recalls Salmon Due To Listeria Contamination
-------------------------------------------------------------
Pacific Smoking Co. of Salem, Oregon, is voluntarily recalling
222.44 pounds of Pacific Seafood Northwest Style Smoked Salmon,
because it has the potential to be contaminated with Listeria
monocytogenes, an organism which can cause serious and sometimes
fatal infections in young children, frail or elderly people, and
others with weakened immune systems.  

Although healthy individuals may suffer only short-term symptoms
such as high fever, severe headache, stiffness, nausea,
abdominal pain and diarrhea, Listeria infection can cause
miscarriages and stillbirths among pregnant women.

Pacific Seafood Northwest Style Smoked Salmon was distributed in
Oregon, Washington, Idaho, Montana, and California, through food
service and retail outlets.  The smoked salmon is vacuumed
packaged in approximate one half to one pound packages.  On the
back of each package there is an orange sticker with the lot
numbers 052922, 092903.

No illnesses relating to this product have been reported to
date.  The potential for contamination was noted after routine
FDA testing revealed the presence of Listeria monocytogenes in
retail packs of smoked salmon.

For more details, contact the Company by Phone: 503-905-4446.


PHARMACEUTICAL FIRMS: UK Hemophiliacs Sue Over Tainted Blood
------------------------------------------------------------
Five pharmaceutical firms face a class action filed in the
United States District Court for the Northern District of
California on behalf of hundreds of Scottish hemophiliacs who
were infected with HIV after receiving contaminated blood
products, Scotland on Sunday reports.  The suit names as
defendants:

     (1) Alpha Therapeutic,

     (2) Armour,

     (3) Aventis,

     (4) Baxter and

     (5) Bayer

The pharmaceutical giants allegedly conspired to sell
contaminated products abroad, and dumped drugs that were
considered unsafe for the United States on the European market.  
Hemophiliacs take drugs in question to reduce bleeding.  
Components of human blood were used to make the medicines and it
is alleged transfusions from high-risk groups were knowingly
used.  

The companies allegedly manufactured the blood-based clotting
products Factor VIII and Factor IX and selling them to health
services treating hemophiliacs in countries across the world,
including Scotland, despite knowing they had been made using
blood from donors at high risk of carrying Aids and Hepatitis C.

Hundreds of British hemophiliacs were infected with HIV and the
Hepatitis C virus in the 1980s after receiving these
contaminated blood products.  The suit further alleges that the
drug companies were aware of techniques for `screening-out'
blood products infected with HIV and Hepatitis C but failed to
use them.  The firms reportedly knew the treatments were
definitely contaminated but sold them regardless, even though
they had decided not to market them in the US.

The suit was filed on behalf of 30,000 hemophiliacs, and seeks a
minimum of GBP45,000 compensation for each.  The companies could
be forced to pay out a minimum of GBP1.35 billion (US$2.25
billion).  

Hemophiliacs in Scotland have been campaigning for compensation
and a public inquiry in the UK into what happened, but have so
far been unsuccessful.  Andy Gunn, 28, a hemophiliac from
Inverness who could benefit from a successful court case, told
Scotland on Sunday, "Nobody will help us in the UK so we have to
rely on the US lawyers.  All we can hope is that they win, these
companies are shown up and we, the victims, get some kind of
compensation."
  
Lieff, Cabraser, Heimann & Bernstein, the lead legal firm for
the plaintiffs in the case, told Scotland on Sunday the
companies involved deliberately targeted high risk groups such
as drug abusers, prisoners and poor inner city residents as
blood donors, because they were more likely to respond to cash
offers.

Heather Foster, a lawyer with Lieff, Cabraser, told Scotland on
Sunday, "One of the reasons the defendants' actions were so bad
is that these products were banned in the US but continued to be
exported to Scotland and to the rest of the UK."

Asked why the NHS came to buy products banned in America, she
said the companies must have convinced the British government
that they were safe.  Ms. Foster said there were hopes about a
settlement for Scottish patients, since US hemophiliacs had
already been compensated.

Patients preparing for the case also allege that they have been
unable to access their medical records, preventing them
pinpointing which batches of blood product they were given.  
Health minister Malcolm Chisholm told hospitals earlier this
year that they must hand over relevant notes.


POLAROID: Employees Commence Lawsuit For ERISA Violations in MA
---------------------------------------------------------------
Polaroid faces a lawsuit filed in the United States District
Court in Boston, Massachusetts by five of its former employees,
alleging violations of the Employee Retirement Income Security
Act (ERISA), the Associated Press reports.

The employees allege that the Company, its bankrupt estate and
its new parent, violated their rights when the Company cut off
their long-term disability benefits last year, after the sale of
the Company to One Equity Partners, a unit of Chicago-based Bank
One Corporation.  

The Company allegedly sent a letter telling about 180 employees
receiving long-term disability, and 70 surviving spouses, that
they would no longer be considered employees.  The plaintiffs
include a man with incurable skin cancer and a woman with
Alzheimer's.  They have asked the court to restore their
benefits, reimburse insurance premiums and pay damages, AP
reports.

Spokesmen for Polaroid, which is now a separate entity from the
bankrupt estate, and One Equity declined comment, the Associated
Press states.


PROCOM TECHNOLOGIES: Investors Sue Over False Revenue Statements
----------------------------------------------------------------
Procom Technologies faces allegations in a shareholders' lawsuit
that the Irvine-based maker of data-storage systems fabricated
revenue statements between 1999, and 2001, using tricks such as
shipping products to employees' homes, and then counting
shipments as sales, The Orange County Register reports.  The
lawsuit, first filed last year, was amended in May with new
accusations.

The lawsuit, which is pending in federal court in New York,
seeks class action status on behalf of anyone who purchased
Procom shares between December 9, 1999, and June 25, 2001.

Peter Bincow, a Los Angeles attorney representing shareholders
suing Procom, said investigators hired by his firm uncovered
evidence of the overstated revenue in interviews with former
Procom employees.  It is these interviews that support the new
accusations appearing in the amended lawsuit.

Procom, once a hot technology stock now selling for less than
one dollar for more than a year, was founded in 1987, by four
Iranian-American friends who met at the University of
California, Irvine, and went public in 1996 at $9 a share.  The
stock soared as high as $67 four years later after George
Gilder, a respected Wall Street newsletter editor, highlighted
the company's growth prospects.

However, Procom never successfully navigated a transition from
its original business, compact-disc systems for data storage, to
the faster-growing NAS (network-attached storage) market, said
Mr. Gilder.  The NAS systems attach directly to an office
computer network, bypassing a server.

The company, which has had trouble winning acceptance for its
products, is unlkely to survive in its current form, said Ian
Gibson, an analyst who follows data-storage companies for Roth
Capital Partners in Newport Beach.


QWEST COMMUNICATIONS: To Settle Consumer Fraud Suit For $3.75M
--------------------------------------------------------------
Qwest Communications agreed to pay $3.75 million to settle a
fraud lawsuit filed by the State of Arizona and customers
against it, the Associated Press reports.  The Company's payment
will be for the costs the state incurred for the filing of the
suit and for a consumer education program.  The payment is
separate from compensation allotted to thousands of individual
customers, Arizona Attorney General Terry Goddard announced.

The suit was commenced in October 2001, and charges the Company
with placing unauthorized charges on the customers' phone
accounts.  The suit further alleged that the Company refused to
provide refunds to customers and continued to charge for
unauthorized services even after customers complained or
contested the charges.  The Company also promised to include
prohibitions against billing consumers for products or services
not ordered or authorized.

The Company later worked out a settlement, in which they
admitted no wrongdoing.  Many of the promises included in the
settlement already have been implemented, company spokesman Jeff
Mirasola told AP.  

"We're pleased to resolve this matter so we can now continue our
focus on delivering our 'spirit of service' to our customers,"
he said.  He added that transfers of calls were a particular
source of aggravation to Qwest customers.  The company is
training service representatives so they can handle more
matters.

"Arizona consumers are the big winners in this settlement,"
Atty. Gen. Goddard told AP.  "Qwest's concessions will improve
fundamental business practices and make it much more consumer
friendly."

Similar lawsuits in Colorado and Washington have been settled.  
A settlement to a lawsuit in Utah is also in the works, Mr.
Mirasola told AP.


RESPIRONICS CALIFORNIA: Recalls Ventilators For Health Hazards
--------------------------------------------------------------
Respironics California, Inc. is recalling its Espirit Ventilator
Model V1000, a computer controlled, electrically powered,
mechanical ventilator.  It is intended to provide ventilatory
support for adult and pediatric patients suffering breathing
distress.

A material used to construct three check-valves in this
ventilator predisposed them to premature failure and their
orientation in the ventilator could also have caused a problem.  
There have been two patient injuries resulting in partial or
complete failure to permit ventilation.  There is a reasonable
probability that use of the product presents a high risk of
serious adverse health consequences, including death, the FDA
stated.

For more details, contact Kathy Moore, Director, Quality
Assurance/Regulatory Affairs by Phone: 760-918-7321


SLAVE REPARATIONS: Lead Plaintiff in Suit Lauds Bush Statement
--------------------------------------------------------------
The lead plaintiff in the class actions against several US
companies seeking reparations for slavery hailed President
Bush's statement, calling slavery as "one of the greatest crimes
in history.'

"I applaud President Bush's statement made today on Goree Island
that slavery was 'one of the greatest crimes in history'.  Our
lawsuit against 19 blue-chip corporations for slavery
reparations is based on this fact," Deadria Farmer-Paellmann
said in a statement.  "As with President Bush, international law
recognizes that slavery was a crime against humanity for which
there is no statute of limitation."

The statement asserted that slavery did not end in 1865 in the
United States of America with the passage of the Thirteenth
Amendment.  Several plaintiffs in the pending lawsuits were
enslaved in 20th Century United States.

The statement went on to say "the president's statement should
send a message to defendants in the lawsuit that the truth about
slavery being a crime is reaching all levels of society.  
Corporate defendants should not be able to continue profiting
from their crimes.  Furthermore, within the last year, the
defendants have violated consumer protection laws by
communicating false and misleading statements to their consumers
about their slave labor practices.  Plaintiffs in the lawsuit
are consumers of the defendants, as are other members of the
plaintiff class.  We expect these matters to go to trial too."

"A recent United States Supreme Court decision, Nike v. Kasky,
affirms our right to a trial on these consumer protection
matters," Ms. Farmer-Paellmann said.  Nike was accused of making
false statements to its consumers about its labor practices.  
The Supreme Court sent the case back to state court for a trial
- a major victory for consumers.

"We urge President Bush to back up his passionate words about
slavery with reconciliatory action by supporting HR 40," said
Conrad Worrill, a reparations activist who has been instrumental
in organizing the African American community to attend court
hearings on the reparations case.  HR40 is a bill Congressman
John Conyers has been introducing into Congress since 1989.  It
would create a commission to study the effects of slavery on the
descendants of enslaved Africans.


SOMALIA: United States Appeals Court Hears Deportation Lawsuit
--------------------------------------------------------------
The United States government has no right to deport Somalis to
their war-torn East African homeland, a lawyer argued before a
three-judge panel of the Ninth Circuit of the US Court of
Appeals, the Dow Jones International News reports.

"We are just saying you can't remove aliens to Somalia under the
current state of affairs," Nick Gellert told the appeals court
judges, noting the fact that there has been no operating central
government to receive Somalians from other countries and then
alluding to a Somali peace conference over the past weekend at
which delegates agreed to create a federal government.

A Justice Department lawyer disagreed, saying there is nothing
in federal law that prohibits the government from deporting an
illegal alien to his or her homeland, even if that country is in
chaos, wracked by civil war and lacks a functioning government
to accept the deportee.

"It is simply not there," Gregory Mack told the panel.  "The
government may remove aliens to the country of their birth -
without qualifications."

The issue stems from the government's attempts to deport five
Seattle-area Somali men last fall.  The Somalis' attorneys sued
the Immigration and Naturalization Service, which has since been
blended into the new Department of Homeland Security, seeking to
block their removal.

In January, US District Judge Marsha Pechman sided with the
Somali men, and granted class action status that prevented as
many as 2,742 Somalis across the country from being deported. In
her order, Judge Pechman said that anyone returned to Somalia
would face an "extremely high" possibility of being harmed.

"The INS is . unable to inform the court what happens to Somalis
who are removed, or even confirm that the Somalis handed over to
the charter aviation company are in fact transported to
Somalis," Judge Pechman ruled.  The government then appealed
Judge Pechman's ruling to the Ninth Circuit.


SOUTH CAROLINA: Chester County District Sued For Unpaid Overtime
----------------------------------------------------------------
A former Chester County schools employee, David Rice, sued the
school district over money he claims was not paid him for
overtime, The Herald reports.  Mr. Rice is one of several
plaintiffs named in a class action filed against 20 South
Carolina school districts by Jackson, Mississippi-based School
Litigation Group on behalf of the plaintiffs.  The plaintiffs
are all hourly wage employees, whose lawsuit alleges they were
not properly paid under the Fair Labor Standards Act.

The litigation group attracts plaintiffs by advertising in
newspapers and on television, and has filed similar lawsuits for
overtime for school district workers in five other southern
states.  It ran advertisements in South Carolina last winter,
one of the group's founding partners said.

Attorney Allen Smith of Childes and Halligan is handling the
lawsuit for the Chester County School District.  He said he
still is in the process of gathering payroll records and
information in hope of "getting to the bottom of things."

The lawsuit could collectively cost the 20 school districts,
already cash-trapped because of state budget cuts, more than $15
million.  The litigation group does not ask for attorneys fees
up front, but instead collects fees from the school districts if
the plaintiffs win the lawsuit.  If the plaintiffs lose, the
School Litigation Group attorneys bear the cost.

Attorney Allen Smith said if the suit follows a typical course
it could take a year or more before it gets to the courts,
unless resolution is reached beforehand.


TAR CREEK: Plaintiffs' Lawyers To Tour Site, Meet With Clients
--------------------------------------------------------------
Lawyers for plaintiffs in the class action filed against six
former mining companies in the Tar Creek Superfund site will
tour the site, hold a public press conference, and meet with
Picher area residents, and representatives of Picher City and
the Picher school district, the Joplin Globe reports.

A suit was filed in Oklahoma federal court against six mining
companies, seeking damages the plaintiffs experienced over the
loss of value to their properties.  The suit seeks an
"independently supervised medical monitoring program" for people
living in the Superfund area, and an "independently supervised
relocation program to ensure the residents of the contaminated
properties be provided support and financial assistance in
relocating away from the contaminated areas."  The suit names as
defendants:

     (1) ASARCO Inc.,

     (2) Blue Tee Corporation,

     (3) Goldfields Mining Corporation,

     (4) NL Industries Inc.,

     (5) Childress Royalty Co. and

     (6) Doe Run Corporation

The tour group will include Robert F. (Bobby) Kennedy Jr., of
the law firm of Kennedy and Madonna, White Plains, N.Y.;
Christopher Seeger of the Seeger-Weiss firm of New York City;
and Charles Speer of Payne & Jones, Kansas City, Mo.


TENET HEALTHCARE: SEC Subpoenas Medicare Payments Documents
-----------------------------------------------------------
The United States Securities and Exchange Commission issued a
civil subpoena asking for financial documents from Tenet
Healthcare Corporation, the Associated Press reports.

The Company ran into difficulty in October last year, as it was
accused of relying too heavily on supplemental Medicare
payments.  Additionally, two doctors at a Tenet hospital in
Redding performed hundreds of unnecessary heart surgeries.  The
Company later made several changes, like reducing its reliance
on outlier payments, expensing stock options and adding more
independent members to its board.  Former CEO Jeffrey C.
Barbakow stepped down from his position and the company launched
a search for a new chief executive.

The subpoena shows that the SEC is conducting a formal
investigation into the huge operator of for-profit hospitals,
Company officials told AP.  The subpoena seeks documents since
May 31, 1997, related to Medicare outlier payments, stop-loss
payments and increases in gross charges, as well as the
company's financial and other disclosures.  

The Company said it would hand over the requested documents and
continue to cooperate with the investigation, AP reports.


UCLA SCHOOL OF MEDICINE: Judge Urges Desecration Suit Settlement
----------------------------------------------------------------
Superior Court Commissioner Bruce E. Mitchell urged parties in
the lawsuit claiming that UCLA's School of Medicine wrongfully
dumped donated bodies, to reach a settlement, the Associated
Press Newswires reports.

Commissioner Mitchell said it would be "financially ruinous" for
both sides to continue the lawsuit when as many as 8,000
plaintiffs potentially are involved.  He suggested that the
University of California, Los Angeles, resolve the case,
perhaps, by making some sort of charitable deduction.

Attorneys are seeking class action status for the 1996 lawsuit,
but the judge did not rule on whether to certify the lawsuit,
saying he wanted more information.  He scheduled a hearing for
September 22.

The lawsuit was filed on behalf of donors from the 1950s to
1993, and seeks unspecified damages for breach of contract,
negligence and fraud.  The lawsuit names as defendants UCLA, the
University of California Board of Regents and others.

The lawsuit also says the university promised that corpses
donated for research would be cremated after use and ashes
scattered in a rose garden or at sea.   Instead, the suit
contends that the remains were wrongfully cremated with dead lab
animals before the ashes were dumped in a medical waste
landfill.


* Mass Tort Conference Covers Spectrum of Topics
--------------------------------------------------
At the recently-held fifth annual Mass Torts Made Perfect
Conference in Chicago securities plaintiff attorneys met to
discuss how best to follow through on information gleaned from
government securities fraud investigations and findings.

James Hooper, an attorney with Hooper & Weiss, noted that the
recent settlement between the government regulators and some
members of the brokerage industry has broadened the field of
opportunity for plaintiffs in litigation.

"This is the third meeting of attorneys across the country to
make Wall Street pay Main Street back. The money came right out
of Middle America." He said.  

Seminars covered a wide range of topics from "Why Securities
Fit into Mass Torts" which compared elements of individual
remedies for mass corporate fraud and class action remedies
and whether there's room in the legal system for both to
"Size Does Not Matter," which illuminated how small law
firms can take on mass securities arbitration claims.
Cases against Goldman Sachs, Salomon Smith Barney/City Group,
Credit Suisse and Merrill Lynch were also discussed.

"This was a successful meeting to exchange ideas and
strategies amongst attorneys representing injured clients"
noted Troy Rafferty, an attorney with Levin, Papantonio, Thomas,
Mitchell, Echsner & Procotor and an event organizer.

Mass Torts Made Perfect, formed by Johnnie Cochran, Mike
Papantonio and John Morgan, was created to unravel the
complexities of mass tort litigation, helping plaintiffs'
attorneys increase their mass tort knowledge and expand
their practices.



                       Asbestos Alert


ASBESTOS LITIGATION: Asbestos Bill Heightens Insurer Woes
---------------------------------------------------------
A group of insurers that has been lobbying for the passage of a
bill to handle the flood surge of asbestos litigation is getting
worried with the latest developments.  The American Insurance
Association said the recent changes in the proposed bill are
troublesome to the industry.

The insurers Sen. Orrin Hatch, R-Utah, Chairman of the Senate
Judiciary Committee, urged to curb specific claim values to be
paid from the proposed $108,000,000,000 privately financed trust
fund to make sure it meets the needs of asbestos victims while
staying within projected funding levels.  Robert E. Vagley,
president of the insurance association, raised concerns over the
amendment made last week.

"The end result may be legislation that substitutes one
unsustainable compensation system for another," Mr. Vagley
warned. "Insurers would have no choice but to oppose (the bill)
if this occurs," he said in a letter.

As Democrats worked to increase proposed payouts from the
program, Hatch made warnings similar to those from the
association about the need to keep the costs to the fund in
check.  The trust fund would be paid for primarily by businesses
facing asbestos claims and their insurers.  Outstanding state
and federal claims -- and future claims -- would be consolidated
in a national court that would make payouts with set amounts for
specific ailments.

Proponents say the Hatch bill would eliminate economic
uncertainty for businesses confronted with thousands of asbestos
suits while making the process more fair and equitable for
workers sickened by exposure to the mineral.

Critics, such as the AFL-CIO and asbestos victims' advocates,
painted Hatch's initial proposal as tilted too far toward
businesses and insurers.  They want to make sure people sickened
by asbestos get payments similar to what they could have
received in court.


ASBESTOS LITIGATION: Texas Senator Resurrects Asbestos Measure
--------------------------------------------------------------
A massive political fight ensued in the Texas Legislature as
Republican leaders pushed to pass legislation aimed at cutting
the number of asbestos-related lawsuits that flood the courts in
the state.  

Gov. Rick Perry added asbestos legislation to the special
session originally called to address congressional
redistricting.  Changing the rules for asbestos-related lawsuits
is very important to Gov. Perry and President Bush, who is
pressing similar efforts at the national level.  With federal
lawmakers debating many of the same issues as their counterparts
in Texas, passing the bill quickly is seen as a potential
bargaining chip in the national negotiations.

The Texas bill stalled during the regular legislative session
when it was blocked by one vote from reaching the Senate floor,
prompting Perry to dress down state Sen. Eddie Lucio Jr., D-
Brownsville, in full view of the chamber.  The House Civil
Practices Committee passed its version, House Bill 47, on a 7-1
vote with no discussion after two hours of testimony.  Rep.
Yvonne Davis, D-Dallas, cast the lone no vote.  The bill is
expected to pass the full House easily by the end of the week.


ASBESTOS LITIGATION: Status Confab Eyed for ABB Asbestos Plan
-------------------------------------------------------------
Concerned parties in the asbestos-related case of Swiss
engineering firm ABB's (ABB) have asked a US District Judge
Alfred Wolin for a status conference.  ABB trust appointee David
Austern said he expected the judge to announce late next week a
date for the status conference.

"It's a technical nicety, to clarify who's going to do what, and
what are the time limits," Mr. Austern said.

According to Reuters, last month, a bankruptcy court judge
tentatively the proposed asbestos settlement -- capping claims
at $1,300,000,000 -- but asked for additional evidence.  The
ruling, if approved by the district judge, is seen as the
turning point in ABB's battle for survival.


ASBESTOS LITIGATION: Halliburton Shares Soar on Asbestos Plan   
-------------------------------------------------------------
The noise on the creation of an asbestos fund to deal with the
flood of asbestos legislation gives the Houston-based company a
boost as its shares increase.  The asbestos bill is beneficial
to the company since such move could cut Halliburton's current
$4,250,000,000 liability by more than 75 percent.

Reuters reported that Halliburton got an extra boost from J.P.
Morgan analysts, who upgraded the shares to "overweight" from
"neutral."


ASBESTOS LITIGATION: Rantoul Levies $4,446 for Asbestos Claims
--------------------------------------------------------------
Rantoul, a village in Illinois, has agreed to pay a $4,446
settlement to the state for burning down a former Chanute Air
Force Base building that contained asbestos.  The payout should
solve the expensive problems brought on by the decision to use
the old building for firefighter training.

"I'm glad to see that this is over," said Rantoul Mayor Neal
Williams.  "I'd like to see us move on."

The agreement was reached Thursday, July 3 following months of
negotiations between village attorney Ken Beth and the Illinois
attorney general's office.  The latest payment will bring
Rantoul's total bill to $93,046 in cleanup work and fines.  In
the spring of 2002, the village board approved spending $23,600
to have a professional asbestos removal engineering firm,
Oedifice Engineering Inc. of Champaign, design a cleanup
project.  In October 2002, the board awarded a bid to Champion
Environmental Services of Hoopeston to remove asbestos and do
other cleanup work for $65,000.

The problem began on December 9, 2001, when Rantoul firefighters
burned down the old Airman Leadership School dormitory on South
Century Boulevard at Tuskegee Avenue as part of a training
operation.  After state environmental officials received an
anonymous telephone call the next day alleging that the building
still contained asbestos, the Environmental Protection Agency
sent an inspector to the burn site in mid-December.  Of 12
samples taken at the site, 11 of them contained a low level of
asbestos, and one contained a moderate level of asbestos.

Once used extensively as a fireproofing material, asbestos is a
fibrous mineral that can cause respiratory problems and cancer
if inhaled.


ASBESTOS LITIGATION: UAI Gets Another Asbestos-Related Rap
---------------------------------------------------------
Universal Automotive Industries, Inc reports that on February
27, 2003, it has been named as a defendant in an asbestos-
related lawsuit filed in St. Louis County, Missouri.  

UAI believes this case will be dismissed during the second
quarter 2003.  The company also believes that it has good faith
defenses to the allegations made in this cause and intend to
file answers or other pleadings denying liability in the near
future.  Its current liability insurance policy does not cover
asbestos related claims.  UAI has not yet established a reserve
against potential liability with respect to these lawsuits.

During 2002, UAI was named, along with numerous other defendants
(typically, 100 or more), in a total of 65 lawsuits in Madison
County, Illinois, and one lawsuit in Outagamie County,
Wisconsin.  The lawsuits named most of the major domestic
manufacturers and distributors of brake parts, among others.

The counts against UAI alleged negligence and willful and wanton
conduct regarding asbestos exposure over extended periods of
time.  The company referred these cases to experienced asbestos
toxic tort counsel.  

UAI received notice from the courts that all of these lawsuits,
naming it a defendant and claiming alleged liability in
connection with the sale and distribution of brake parts
containing asbestos, were voluntarily dismissed without
prejudice by the plaintiffs.


ASBESTOS LITIGATION: Administrative Judge Upholds Levy in Suit
---------------------------------------------------------------
An administrative law judge, according to the federal
Environmental Protection Agency, has upheld the penalty levied
against a Virginia company for the improper removal of asbestos
from the West Virginia University Coliseum.  Chief
Administrative Law Judge Susan L. Biro ruled in late June that
the EPA's proposed penalty of $14,500 against USA Remediation
Services Inc. was appropriate.

Biro said EPA had proved its claims that USA Remediation
Services, of Warren, Va., and its subcontractor, Keystone
Abatement Services of Pittsburgh, both cited in May 2002, have
failed to keep material containing asbestos adequately wet
during removal and disposal.  The agency also cited WVU's Board
of Governors because the university owns and operates the
Coliseum.

Keystone Abatement and the WVU Board of Governors settled their
citations in a June 2002 consent agreement.  WVU's board agreed
to pay a $10,500 penalty and Keystone agreed to pay $10,000.  

USA Remediation denied the allegations and requested a hearing,
which was held March 4 in Washington, D.C.  The abatement
project, worth $7,800,000, closed down the 14,000-seat Coliseum
from August 1999 to October 2000.


ASBESTOS LITIGATION: Watts Battles 100 Asbestos-Related Suits
-------------------------------------------------------------
Watts reports that as of March 31, 2003, it is a defendant in
around 100 actions filed in Mississippi and New Jersey state
courts and alleging injury or death as a result of exposure to
asbestos.

These filings typically name multiple defendants, and are filed
on behalf of many plaintiffs.  They do not identify any
particular products of Watts as a source of asbestos exposure,
and there is no reason to conclude that these filings will have
a material effect on the company's liquidity, financial
condition or results of operations.


                  New Securities Fraud Cases


BARRICK GOLD: Rabin Murray Launches Securities Suit in S.D. NY
--------------------------------------------------------------
Rabin Murray & Frank LLP initiated a securities class action in
the United States District Court for the Southern District of
New York, 03-CV-5059, on behalf of all persons or entities who
purchased or otherwise acquired Barrick Gold Corporation
securities (NYSE:ABX) during the period February 14, 2002 to
September 26, 2002, both dates inclusive.  The complaint names
as defendants the Company and:

     (1) Randall Oliphant,

     (2) John K. Carrington, and

     (3) Jamie C. Sokalasky

The complaint alleges that defendants violated section 10(b) of
the Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder by the Securities and Exchange Commission.  In
particular, the complaint alleges the Company assured the
markets that it was improving its operations by keeping its
production costs in check and that the Company expected to earn
$0.42-$0.47 per share in 2002, even taking into account the
phasing out of several mines and decreasing ore quality which
increases costs in several of its mines.

These representations were materially false and misleading,
according to the complaint, because they failed to disclose that

     (i) the Company's expected costs for the year would be well
         above the figures highlighted to the public,

    (ii) Barrick's costs per ounce had increased dramatically in
         2002 and would continue to increase throughout the
         year, and

   (iii) the Company's repeated assurances that production and
         costs would continue to improve in 2002 were lacking in
         any reasonable basis and were contradicted by facts
         known to defendants, or, at the very least, recklessly
         disregarded by them.

On September 26, 2002, the Company announced that it expected to
earn materially less in 2002 than previously announced due to
increased costs stemming from production issues at several mines
which the Company misleadingly represented during the class
period, would be resolved in the second half of 2002.

In reaction to the announcement, which came only days after the
Company reiterated its positive expectations, Barrick's stock
fell by 10.5% in one day, from $17.77 on September 25, 2002 to
$15.90 on September 26, 2002 on extremely heavy trading volume.

For more details, contact Eric J. Belfi or Sharon Lee by Phone:
(800) 497-8076 or (212) 682-1818 or by E-mail:
email@rabinlaw.com


CRYO-CELL INTERNATIONAL: Marc Henzel Files Securities Suit in FL
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United States District Court for the Middle
District of Florida, Tampa Division, on behalf of purchasers of
Cryo-Cell International, Inc. (Nasdaq:CCCEC) publicly traded
securities during the period between March 16, 1999 through May
20, 2003, inclusive.

The complaint 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 March 16, 1999 and May
20, 2003, thereby artificially inflating the price of Cryo-Cell
securities.

During the class period, the Company issued statements that
failed to disclose and/or misrepresented the following adverse
facts, among others:

     (1) that the Company had materially overstated its
         earnings, net income and earnings per share;

     (2) that the Company continually recognized revenue in
         violation of generally accepted accounting principles
         (GAAP) and the Company's own internal accounting
         principles with respect to related-party transactions,
         revenue sharing agreements; and revenue recognition for
         the sale Area Licenses;

     (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 Company's financial results were
         materially overstated at all relevant times.

On April 15, 2003, the Company issued a press release wherein it
disclosed that it may be necessary to restate its financial
results for fiscal years 2001 and 2002 because of improper
recognition of revenue.  Shortly thereafter, on May 20, 2003,
the Company issued a press release announcing the resignation of
its auditor, Ernst & Young LLP and the Company's continued
assessment of certain revenue recognition accounting policies.  
On news of this, Cryo-Cell shares fell 14%.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery
Ave, Suite 202 Bala Cynwyd, PA 19004-2808, by Phone:
888/643-6735 or 610/660-8000, by Fax: 610/660-8080, by E-mail:
Mhenzel182@aol.com or visit the firm's Website:
http://members.aol.com/mhenzel182.  


DAISYTEK INTERNATIONAL: Marc Henzel Lodges Securities Suit in TX
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United States District Court for the Eastern
District of Texas on behalf of purchasers of Daisytek
International Corporation (NASDAQ:DZTK) publicly traded
securities during the period between November 9, 2001 and April
28, 2003.

The complaint charges Daisytek and certain of its officers and
directors with violations of the Securities Exchange Act of
1934.  The complaint alleges violations of the federal
securities laws arising out of defendants' issuance of false and
misleading statements about the Company's business, operating
performance and prospects.  Specifically, defendants were
improperly accounting for uncollectible customer accounts
receivables and vendor rebates receivables to inflate the
Company's results.

Daisytek is a global distributor of computer and office supplies
and professional tape products.  Due to Daisytek's favorable
reported results, defendants were able to secure financing
essential to the Company.  The Company subsequently disclosed it
would record "significant" write-downs of customer and vendor
receivables and inventory and large restructuring charges.

On this news, the Company's stock dropped to $0.53.  The Company
subsequently announced the resignation of its CEO and its CFO.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery
Ave, Suite 202 Bala Cynwyd, PA 19004-2808, by Phone:
(888) 643-6735 or (610) 660-8000, by Fax: (610) 660-8080, by E-
mail: Mhenzel182@aol.com or visit the firm's Website:
http://members.aol.com/mhenzel182.  


FEDERAL HOME: Marc Henzel Files 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 the securities
of Federal Home Loan Mortgage Corporation (NYSE:FRE) between
January 27, 2003 and June 9, 2003, inclusive, is pending in the
United States District Court for the Southern District of New
York against the Company and:

     (1) David Glenn (COO until June 9, 2003),

     (2) Vaughn Clarke (CFO until June 9, 2003) and

     (3) Leland C. Brendsel (CEO and Chairman until June 9,
         2003)

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 January 27, 2003
and June 9, 2003.  According to the complaint, the Company's
Class Period earnings announcement was materially false and
misleading because it failed to disclose that the Company:

     (1) lacked adequate internal accounting controls and
         personnel expertise,

     (2) failed to follow accounting rules that require
         derivative securities to be marked to market,

     (3) "smoothed out its earnings" using accounting techniques
         to lower results in good times and lift results when
         business conditions deteriorated and

     (4) provided investigators with doctored records to conceal
         their improper accounting techniques.

For more details, contact Marc S. Henzel by Mail: 273 Montgomery
Ave, Suite 202 Bala Cynwyd, PA 19004-2808, by Phone:
(888) 643-6735 or (610) 660-8000, by Fax: (610) 660-8080, by E-
mail: Mhenzel182@aol.com or visit the firm's Website:
http://members.aol.com/mhenzel182.  


POLYMEDICA CORPORATION: Lasky & Rifkind Lodges Stock Suit in MA
---------------------------------------------------------------
Lasky & Rifkind, Ltd. initiated a securities class action in the
District Court for the District of Massachusetts, on behalf of
persons who purchased or otherwise acquired the securities of
PolyMedica Corporation (Nasdaq:PLMD) between July 23, 2001 and
June 30, 2003, inclusive.  The lawsuit was filed against
PolyMedica and certain officers of the Company.

The complaint alleges that throughout the class period,
PolyMedica overstated earnings by capitalizing certain
advertising costs rather than expensing them as incurred,
thereby recording the costs as assets rather than as expenses.  
The complaint further alleges that the above detailed accounting
practice misled PolyMedica investors because it allowed the
Company to understate operating expenses and overstate assets
throughout the class period.

Following discussions with the Securities and Exchange
Commission regarding the above described accounting practices,
PolyMedica issued a press release announcing that it may be
forced to restate results for the fiscal years 2002 and 2003 and
that any restatement could significantly reduce the Company's
reported earnings for the class period.  News of the possible
restatement resulted in a significant fall in the trading price
of the Company's common stock.

For more details, contact Leigh Lasky by Phone: 212-907-0800 or
by E-mail: lasky@laskyrifkind.com


READ-RITE CORPORATION: Schiffrin & Barroway Lodges Lawsuit in CA
----------------------------------------------------------------
Schiffrin & Barroway, LLP initiated a securities class action in
the United States District Court for the Northern District of
California on behalf of all purchasers of the common stock of
Read-Rite Corporation (NasdaqNM:RDRT) (Other OTC:RDRTQ.PK) from
October 30, 2001 through June 6, 2003, inclusive.

The complaint 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 October 30, 2001 and
June 6, 2003, thereby artificially inflating the price of Read-
Rite common stock.  Read-Rite is one of the three major
independent suppliers of magnetic recording heads for the hard
disk drive (HDD) and tape drive markets.  The Company also
designs, manufactures and markets magnetic recording heads as
head gimbal assemblies (HGAs) and incorporate multiple head
gimbal assemblies into head stack assemblies (HSAs).

Throughout the Class Period, and as alleged in the Complaint,
defendants issued numerous statements and filed quarterly and
annual reports with the SEC which described the Company's
financial performance.  These statements contained in the
Company's press releases and SEC filings were materially false
and misleading because they failed to disclose and/or
misrepresented the following adverse facts, among others:

     (1) that the Company's financial results were in violation       
         of generally accepted accounting principles (GAAP),
         namely, the Company's 40 GB/platter inventory was
         overstated by $16.7 million; the Company's Philippine
         real estate holdings were overstated by roughly $6.8
         million; and the Company's second quarter fiscal year
         2002 loss was grossly understated;

     (2) that the Company needed to restructure the Company's
         operations and the associated charges would cost the
         Company in excess of $20 million causing earnings
         shortfalls in future quarters;

     (3) that the Company was experiencing massive technical
         problems associated with the Company's 40GB/per platter
         programs.  Morever, the Company was experiencing these
         problems well before January 2002 and beyond April 2002
         when defendants claimed such problems were fixed;

     (4) that the Company was underfunded and could not complete
         the production of its 80GB programs;

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

     (6) that the Company's estimates, projections, and opinions
         were lacking in any reasonable basis when made.

After the close of the Class Period, the Company announced, on
June 17, 2003, that it would file for bankruptcy.

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 1-610-667-7706 or by E-
mail: info@sbclasslaw.com


READ-RITE CORPORATION: Charles Piven Files Securities Suit in CA
----------------------------------------------------------------
The Law Offices Of Charles J. Piven, P.A. initiated a securities
class action on behalf of shareholders who purchased, converted,
exchanged or otherwise acquired the common stock of Read-Rite
Corporation (Other OTC:RDRTQ.PK) between October 30, 2001 and
June 6, 2003, inclusive.  The case is pending in the United
States District Court for the Northern District of California
against certain of Read-Rite's 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


SINGING MACHINE: Lasky & Rifkind Launches Securities Suit in FL
---------------------------------------------------------------
Lasky & Rifkind, Ltd. initiated a securities class action in the
United States District Court for the Southern District of
Florida on behalf of persons who purchased or otherwise acquired
the securities of The Singing Machine Company, Inc. (AMEX:SMD)
between August 9, 2001 and June 27, 2003, inclusive.  The
lawsuit has been filed against the Company and certain of its
officers.

The complaint alleges that throughout the class period, the
Company issued a series of material misrepresentations to the
market that overstated the Company's financial performance
following its emergence from bankruptcy in 1998.  The complaint
alleges that the financial statements issued by the Company
during the Class Period, were materially false and misleading
because in the statements the Company overstated its net income.

On June 27, 2003, the Company announced that it would restate
its fiscal 2002 financial statements and possibly fiscal 2001
financial statements to increase accrual for taxes.  The Company
also announced that the restatement would have the effect of
reducing the Company's reported net income for fiscal 2002 and
possibly fiscal 2001.  News of the restatement caused the
trading price of The Singing Machine Company's shares to fall
significantly.

For more details, contact Leigh Lasky by Phone: (212) 907-0800
or by E-mail: lasky@laskyrifkind.com


                        *********

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Wednesday's edition of the Class Action Reporter. Submissions
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Each Friday's edition of the CAR includes a section featuring
news on asbestos-related litigation and profiles of target
asbestos defendants that, according to independent researches,
collectively face billions of dollars in asbestos-related
liabilities.  The Asbestos Defendant Profiles is backed by an
online database created to respond to custom searches. Go to
http://litigationdatasource.com/asbestos_defendant_profiles.html

                        *********


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 2003.  All rights reserved.  ISSN 1525-2272.

This material is copyrighted and any commercial use, resale or
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