CAR_Public/040713.mbx              C L A S S   A C T I O N   R E P O R T E R

               Tuesday, July 13, 2004, Vol. 6, No. 137

                           Headlines

BISYS GROUP: CO Suit Lead Plaintiff Deadline Set July 18, 2004
BRIDGESTONE-FIRESTONE: CA Court Refuses Tire Suit Certification
COMMERCE BANCORP: Scott + Scott Updates NJ Securities Fraud Suit
CORINTHIAN COLLEGES: Investors Launch CA Securities Fraud Suit
DE BEERS: To Plead Guilty To Antitrust Charges in American Court

DEY L.P.: Employees Lodge Overtime Wage Lawsuit in Napa County
GOLD BANC: Clarifies Merger, Announces Fiduciary Suit Dismissal
HAYES LEMMERZ: Suit Settlement Hearing Set September 29, 2004
INFANT FORMULA: FDA Issues Warning On Infant Formula From China
ISPAT ISCOR: Suit Over Environmental Degradation Possible in NY

JC NICHOLS: Parent Settles Shareholder Fraud Lawsuit For $5.7M
LUCENT TECHNOLOGIES: Suit Settlement Hearing Set July 27, 2004
MCDONALD'S CORPORATION: CA Consumer Commences "Fat Oil" Lawsuit
MILBANK TWEED: Requesting Dismissal From Enron Litigation
MONSTER CABLE: Suit Settlement Hearing Set August 26, 2004

PRICE CHOPPER: Recalls Mussels Because of Listeria Contamination
QUALITY DINING: Shareholders Launch Suit Over Going Private Bid
SPECTRALINK CORPORATION: Suit Settlement Hearing October 7, 2004
SYMBOL TECHNOLOGIES: SEC Suspends, Settles Fraud Charges V. CPA
TRIBUNE CO.: Olympic Carpet Files Suit V. Inflated Circulation

VICURON PHARMACEUTICALS: Plaintiff Deadline Set August 14, 2004

                  New Securities Fraud Cases

CALLIDUS SOFTWARE: Marc Henzel Lodges Securities Suit in N.D. CA
CENTRAL FREIGHT: Lasky & Rifkind Lodges Securities Suit in TX
CORINTHIAN COLLEGES: Charles Piven Files Securities Suit C.D. CA
CORINTHIAN COLLEGES: Weiss & Yourman Files Securities Suit in CA
INTRABIOTICS PHARMACEUTICALS: Marc Henzel Files Stock Suit in CA

MASTEC INC.: Marc Henzel Lodges Securities Fraud Suit in S.D. FL
MERIX CORPORATION: Wolf Haldenstein Lodges Securities Suit in OR
NDCHEALTH CORPORATION: Marc Henzel Lodges Securities Suit in GA
QUALITY DISTRIBUTION: Marc Henzel Lodges Securities Suit in FL
QUOVADX INC.: Marc Henzel Files Securities Fraud Suit in N.D. CA

SUPERCONDUCTOR TECHNOLOGIES: Marc Henzel Lodges Stock Suit in CA
VERITAS SOFTWARE: Charles J. Piven Lodges Securities Suit in DE
YUKOS OIL: Schatz & Nobel Files Securities Fraud Suit in S.D. NY
YUKOS OIL: Marc Henzel Lodges Securities Fraud Suit in S.D. NY


                            *********

BISYS GROUP: CO Suit Lead Plaintiff Deadline Set July 18, 2004
--------------------------------------------------------------
The law firm of Murray, Frank & Sailer LLP reminds investors
that the lead Plaintiff deadline for class action filed in the
United States District Court District of Colorado, on behalf of
all persons or entities who purchased or otherwise acquired
BISYS Group Inc. ("BISYS" or the "Company") securities on any
exchange (NYSE:BSG) between October 23, 2000 to May 17, 2004,
inclusive (the "Class Period") is on July 18, 2004.

The complaint alleges defendants caused BISYS's shares to trade
at artificially inflated levels through the issuance of false
and misleading financial statements that underrepresented
anticipated adjustments to its commissions receivables. As a
result of this inflation, BISYS was able to raise $250 million
in a convertible note offering while the individual defendants
were able to reap more than $25 million in insider trading
proceeds. On May 17, 2004, the Company issued a press release
that stated, in pertinent part:

Based upon a continuing review and analysis of commissions
receivable in its Life Insurance division, BISYS has determined
that the previously reported adjustment of $24.7 million ($15.5
million net of tax) to commissions receivable in its Life
Insurance division will be increased to approximately $70
million to $80 million (approximately $44 million to $50 million
net of tax).

The stock price fell 10%, to below $13 per share, on this news.

For more details, contact Eric J. Belfi or Aaron D. Patton at
Murray, Frank & Sailer LLP by Mail: 275 Madison Avenue, Suite
801, New York, NY 10016 by Phone: (800) 497-8076 or
(212) 682-1818 by Fax (212) 682-1892 or by E-mail:
info@murrayfrank.com


BRIDGESTONE-FIRESTONE: CA Court Refuses Tire Suit Certification
---------------------------------------------------------------
After being denied national class action status for a defective
tire lawsuit by a California judge, the attorneys involved in
the suit plan to continue their legal battle, the Desert Sun
reports.

According to Pasadena attorney Joseph Lisoni, who represents
Cathedral City resident Roger Littell, 65, in the suit against
Bridgestone-Firestone Inc., "We feel the judge misunderstood the
theory of our case."  Mr. Lisoni said he would immediately file
an appeal with the California Fourth District Court of Appeal
and in the next 10 days asking Judge Christopher Sheldon to
reconsider his decision.  Judge Sheldon had denied Mr. Lisoni's
motion "without prejudice," meaning it can be refilled, the
Desert Sun reports.

Judge Sheldon issued his ruling after a hearing so brief that
Bridgestone/Firestone representatives were not even given a
chance to take into court two tires and a chart they'd brought
as evidence.

In denying Mr. Lisoni's motion, Judge Sheldon said evidence
required for class-action certification was lacking in every
area. Though arguing unsuccessfully, Mr. Lisoni did address key
issues required for class-action certification - that there are
questions of law and fact common to members of the class in
various states. In this case, the common question is whether the
Steeltex tires are defective.  However, according to Judge
Sheldon, people in 38 states had different types of tires and
different sets of facts for why tires failed.

Mr. Lisoni also said that in addition to appealing Judge
Sheldon's decision, he would also pursue class-action status in
six states, including California. The states were picked because
they had the highest frequency of Steeltex tire failure.

Mr. Littell's suit, which was filed in August 2002, alleges that
defects in the design and manufacture of the Steeltex tire
series have led to tread separations and caused collisions,
injuries and deaths. The tires the lawsuit targets are Steeltex
R4S, R4SII and A/T tires commonly used on vans and recreational
vehicles.

Bridgestone/Firestone announced in February it was recalling
Steeltex tires from a Canadian plant because of increased
claims.  However, the recall is a voluntary safety campaign to
determine if there's a problem with the tires and is not an
admission the tires are defective, MacDonald told the Desert
Sun.

Bridgestone/Firestone spokesman, Dan MacDonald acknowledged that
the company is under a cloud because of previous lawsuits
involving the ATX, ATX II and Wilderness AT tires, which were
involved in accidents with 271 deaths, but stated that the
current ruling by Judge Sheldon was just and he further
reiterated that "The judge analyzed the facts and made a proper
decision."

On Monday, a state court judge in Texas approved a $149 million
settlement on behalf of owners of those three types of tires.
Only plaintiffs who had not suffered injury or property damage
were involved in the settlement, which resolved 30 class-action
lawsuits against Bridgestone-Firestone.

The Company has spent an estimated $1.5 billion on recall-
related costs in those cases and only recently returned to
profitability.


COMMERCE BANCORP: Scott + Scott Updates NJ Securities Fraud Suit
----------------------------------------------------------------
The law firm of Scott + Scott, LLC announces updates and new
allegations in a class action lawsuit initiated in the United
States District Court for the District of New Jersey on behalf
of the purchasers of Commerce Bancorp (NYSE: CBH)("Commerce")
securities between the period of June 1, 2002 and June 28, 2004,
inclusive (the "Class Period").

Plaintiffs allege that during this period, that Commerce and
certain of its officers and directors were in violation of the
United States Federal securities laws (Securities Exchange Act
of 1934).

The complaint alleges that the Individual Defendants, who
include officers and directors of Commerce, had intimate
knowledge of FBI investigations and grand jury proceedings
delving into the actions of defendants Commerce, Ronald White
("White"), Glenn Holck ("Holck"), and Stephen Umbrell
("Umbrell"). The FBI raided the law offices of White, Director
of Commerce Bank/Pennsylvania, on October 16, 2003. Thereafter,
the attorneys representing Holck, president of Commerce
Bank/Pennsylvania, and Umbrell, regional vice-president of
Commerce Bank/Pennsylvania, had access to the telephone tapes
that were at the center of the eventual criminal indictments. It
is alleged that these tapes clearly establish the culpability of
the three Commerce Bank/Pennsylvania defendants.

During the grand jury proceedings, various Commerce officers
testified, many of them with representation from attorneys from
the law firm of a member of the Board of Directors of Commerce.
In December 2003 and January 2004, a few months after the raid
on White's law offices, the Chairman and CEO sold and/or
disposed of Commerce shares for insider sale proceeds of USD
$5.9 million. Despite the intimate knowledge of Commerce senior
executives, including its Chairman and CEO, of the investigation
and criminal grand jury proceedings, it is alleged that such
information was never disclosed to investors during the Class
Period and only became known on or about June 29, 2004.

On that, US Attorney Patrick Meehan announced that a former
Commerce director and two executives had been indicted of
various charges which include conspiracy to commit honest
services fraud, wire fraud, mail fraud, extortion and making
false statements to the FBI.

The complaint further alleges that Commerce and certain of its
officers and directors engaged in improper, inherently
unsustainable, and potentially criminal bribery and bid-rigging
in order to win underwriting awards and gain government
deposits. In recent indictments of two executives and a director
of Commerce Bank/Pennsylvania, it is alleged that such practices
were used to procure over USD $233 million (the current
complaint alleges USD $50 million) in government deposits
(according to an investigation of City records by the
Philadelphia Daily News) and USD $1.7 million in fees from the
City of Philadelphia alone. Moreover, the indictments indicate
that the practices included the direct participation of
Commerce's chairman and chief executive officer. Others involved
have been indicted as well.

Currently, 18% of Commerce's deposits are from municipalities,
more than any of its rivals. Analysts have expressed concern
that such government deposits may shrink as a result of the
indictments. Securities analysts have expressed concern that
Commerce Bank's government deposit base, and underwriting and
insurance businesses could suffer as a result of municipalities'
fear of "guilt by association" with Commerce Bank.

Additionally, since the filing of the first complaint by Scott +
Scott, significant new allegations have surfaced and will be
plead, including:

     (1) Commerce laundered funds between its state and federal
         political action committees (PACs), which have given
         more than USD $3.1 million to candidates and political
         parties since 1998, in order to circumvent Municipal
         Securities Rulemaking Board's rule G-37.  Scott + Scott
         is informed that Commerce Capital Markets employees
         contributed to the federal PAC because the
         contributions to the state PACs would have prevented
         Commerce from performing municipal underwriting
         services for any municipalities in which the state PACs
         made campaign contributions. Nevertheless, the federal
         PACs regularly loaned funds to the state PACs.  For
         example, on August 7, 2001, Pennsylvania Auditor
         General Robert Casey Jr. received a USD $25,000
         campaign contribution from Compac, Commerce's
         Pennsylvania state PAC.  On the same day, Compac
         received a USD $25,000 loan from Commerce's federal
         PAC. Casey subsequently selected Commerce Bank for two
         state bond offerings.

     (2) Former employees have alleged that Commerce effectively
         required certain of its employees to make contributions
         to the PACs.

     (3) It is alleged that Commerce improperly capitalized
         ordinary expenses as pre-opening expenses for bank
         premises and equipment, thereby artificially increasing
         reported net income.  Commerce capitalizes almost twice
         as much as its rivals for pre-opening expenses per
         branch.

     (4) Scott + Scott is informed that in October 2003, the FBI
         raided Commerce's main Pennsylvania office at 20th and
         Market streets, which was not disclosed to investors.

     (4) Scott + Scott is also informed that Commerce Bank
         director and Chairman and Chief Executive Officer of
         Commerce Insurance Services, Inc. (and Commerce's
         largest insider shareholder) George Norcross has been
         the subject of at least one criminal RICO investigation
         and a civil RICO lawsuit regarding his political
         activities in New Jersey.  According to press reports,
         of the 312 New Jersey municipalities that share
         insurance costs, 305 used Commerce Insurance Services
         for their risk management services as of February 2003.

For more details, contact Neil Rothstein by Mail: 108 Norwich
Avenue, Colchester, CT 06415 by Phone: 1/800-404-7770 (EDT) or
1/800-332-2259 (PDT) or 1/619-233-4565 (California) or
860/537-3818 by Fax: 860/537-4432 or by E-mail:
nrothstein@scott-scott.com or
CommerceBancorpSecuritiesLitigation@scott-scott.com


CORINTHIAN COLLEGES: Investors Launch CA Securities Fraud Suit
--------------------------------------------------------------
Shareholders launched a securities class action against
Corinthian Colleges, Inc. (Nasdaq: COCO), two current officers
and one former officer, in the United States District Court for
the Central District of California.

The complaint alleges Corinthian and certain of its officers
violated federal securities laws by failing to disclose the
Company's lack of internal controls and that the Department of
Education had uncovered violations in the application process
for federal student loans at one of its campuses in December of
2003. The complaint further alleges that as a result, the school
had lost its ability to receive advance payments on its student
loans. Only after these events were ultimately revealed by
certain publications did the Company acknowledge them to the
investing community. In fact, during the Class Period,
defendants specifically denied knowledge of any "events or
activities that would warrant any concern in the Company's
performance," and continued to announce record results and
optimistic forecasts to the market. All the while, certain
Company insiders sold more than $18 million worth of their
personal shares of Corinthian stock during the Class Period.

Corinthian operates approximately 150 for-profit colleges and
training centers in North America, including Bryman College,
Florida Metropolitan University, Rhodes College and the National
Institute of Technology.


DE BEERS: To Plead Guilty To Antitrust Charges in American Court
----------------------------------------------------------------
De Beers, the world's largest diamond company, has indicated
that it would plead guilty on Tuesday to an American suit,
charging it with fixing the prices of industrial diamonds, a
court clerk for an Ohio Court said, the Business Report states.

The Company failed to appear in court to face the suit, filed in
1994, alleging that it conspired to violate antitrust laws in
1991 and 199.  The Company's admission ends a ten-year legal
battle and would net a maximum penalty of US$10 million, Keith
Mayton, a clerk for Judge George Smith in Columbus, Ohio, told
the Business Report.

Andrew Bone, a spokesperson for the Company, declined to comment
on the suit.  The Company's guilty plea might pave the way for
it to expand in the US, where half of all diamond jewelry is
sold.  The company is already moving beyond the $8 billion-a-
year rough diamond industry into the $60 billion diamond retail
market through a venture with LVMH Moet Hennessy Louis Vuitton.

However, pleading guilty to the US charge might attract more
lawsuits, Chaim Evan-Zohar, the principal shareholder in Ramat
Gan, an Israeli-based consultant told the Business Report.
"Entering such a plea will be a monumental mistake," Mr. Evan-
Zohar said.  "Any admission will be used quickly and immediately
by many other class action lawyers."

The Company also faces a suit filed last week in New York by WB
David & Co, a jeweler and former De Beers client, demanding at
least $100 million in damages and alleging it behaved like a
monopoly.  The Company has labeled the suit "without merit."


DEY L.P.: Employees Lodge Overtime Wage Lawsuit in Napa County
--------------------------------------------------------------
Employees of Dey L.P. initiated a lawsuit seeking class action
status claiming that the Company failed to pay them for overtime
they worked, Napa Valley Register reports.

Michael McBride, Ali Rahman, John Chase, Eric Lyman, Jerome
Serrano, and Dolores Calvo filed the suit against Dey, Napa
County's largest employer, claiming that the company illegally
bilked them out of overtime pay by using employee's paychecks as
a makeshift contract to shield the company from lawsuits. The
plaintiffs also claim that the company did not count the time
required to don scrubs and gowns that are needed for work in the
company's manufacturing rooms.

"Dey has acknowledged that its overtime policies were improper
and has attempted to obtain a waiver of certain overtime claims
from its employees," their complaint filed in Napa Superior
Court states. "Dey provided certain employees with a check that
contained the following language on the back of the check:
'Cashing this check constitutes a complete waiver of any claim
associated with Dey's 12 hour non-exempt shifts or penalties
arising prior to December 14, 2003.'"

Mr. Rahman and Ms. Calvo are former manufacturing employees at
Dey, while the rest of the plaintiffs still work for Dey.

The employees told NapaNews.com that Dey paychecks did not
provide the company with legal cover because they did not inform
the employees of all the legal rights they would waive if they
cashed the check.

Mel Engle, president and CEO of Dey L.P. released a statement in
reaction to the lawsuit.

"We settled the back pay issues raised in this complaint with
the state of California earlier this year, and are now working
to understand the merits of this new case," he said. "We had the
impression that the state had the statutory authority to
represent the employees' interests. The new complaint doesn't
refer to the settlement with the state. Lawsuits and litigation
don't move companies forward; teamwork in an environment of
mutual trust does. It is in this spirit that I am approaching
this current matter."

The parties are scheduled to discuss the case in front of judge
on November 29, 2004, the Napa Valley Register reports.


GOLD BANC: Clarifies Merger, Announces Fiduciary Suit Dismissal
---------------------------------------------------------------
Gold Banc Corporation, Inc. ("Gold Banc") (Nasdaq:GLDB) has been
informed that statements and quotes attributable to Gold Banc
appear on the website DealAnalytics.com that contain information
regarding the status of the pending merger with Silver
Acquisition Corp., including the effect of the previously
announced qui tam lawsuit on the merger.

Gold Banc has stated that it did not authorize these statements
to be made and reiterates its previous statement that it is
currently not in a position to determine what effect, if any the
qui tam lawsuit will have on the pending merger.

The merger cannot be closed unless regulatory and shareholder
approval have been obtained and the other conditions to closing
have been satisfied or waived. Gold Banc notes, in this regard,
that the Office of Thrift Supervision has updated its website
(www.ots.treas.gov) to indicate that its decision due date with
regard to Silver Acquisition's application has been moved to
October 19, 2004. The actual approval date may be earlier or
later contingent upon various factors, including Silver
Acquisition's submission date of additional information
requested by the OTS. Each time the OTS requests additional
information, 45 days are added to the review process (30 days
for the applicant to respond to the request and 15 days for the
OTS to determine the sufficiency of the submitted information).
On July 6, 2004, the OTS requested additional information,
triggering the new decision date referenced above. Once the
application is deemed complete, the OTS generally has 60 days to
render a decision, which time period is factored into the
aforementioned decision date.

Silver Acquisition has informed Gold Banc that it is taking all
actions within its disposal to expedite the processing of its
applications, including submitting the requested information
well in advance of the allotted 30-day period. Gold Banc
continues to be unable to predict whether regulatory approval
will be received; or if such approval is received, the timing of
receipt thereof, the expiration of any applicable waiting period
thereafter, or the consummation of the merger.

Unless extended by mutual agreement, the merger agreement can be
terminated by Gold Banc or Silver Acquisition if the closing has
not occurred by November 24, 2004.

Gold Banc also announced the dismissal with prejudice of the
class action lawsuit filed by Lori McBride on behalf of herself
and other similarly situated stockholders against Gold Banc and
nine of its directors alleging a breach of fiduciary duty by
Gold Banc and the named directors in connection with the merger,
which had been previously disclosed in Gold Banc's Quarterly
Report on Form 10-Q for the quarterly period ended March 31,
2004.


HAYES LEMMERZ: Suit Settlement Hearing Set September 29, 2004
-------------------------------------------------------------
The United States District Court for the Eastern District of
Michigan - Southern Division will hold a fairness hearing for
the proposed settlement for the class action filed against Hayes
Lemmerz International, Inc. on behalf of all persons or entities
who purchased or otherwise acquired the equity securities of the
Company during the period from June 3, 1999 through and
including September 5, 2001, and who were damaged thereby.

The Court has scheduled a fairness hearing to approve the
proposed settlement, which will be held before the Honorable
Arthur J. Tarnow in the United States District Court for the
Eastern District of Michigan, Southern Division, at 3:00pm, on
September 9, 2004.

For more details, contact Hayes Lemmerz Equity Securities
Litigation by Mail: c/o The Garden City Group, Inc. - P.O. Box
9000 #6236, Merrick, NY 11566-9000 or Daniel Osborn, Esq. of
Beatie And Osborn LLP, by Mail: 521 Fifth Avenue, Suite 3400,
New York, NY 10175


INFANT FORMULA: FDA Issues Warning On Infant Formula From China
---------------------------------------------------------------
The Food and Drug Administration is warning consumers not to
feed their infants infant formula from China because the safety
and nutritional adequacy of infant formula from China is
unknown. Recently, infant formula from China by the name of Guan
Wei Yuan was found for sale in an Asian retail market in New
York.

To date, FDA is not aware of any illnesses or injuries
associated with Chinese infant formula, Guan Wei Yuan. However,
the analysis of certain Guan Wei Yuan powdered formulas by the
New York State Department of Agriculture and Markets food
laboratory found the formula to contain less than 1/7 of the
federally required minimal amount of protein per serving,
approximately 1/4 the required amount of fat and only minute
amounts of declared calcium and magnesium. There is no guarantee
that this product, as a potential sole source of nutrition,
would provide adequate nutrients for an infant. Consumption by
infants, under conditions of use described on the label and
labeling, could result in outcomes including severe illness or
death.

The federal law requires that any infant formula marketed in the
U.S. must be registered with the FDA at least 90 days before
marketing. Manufacturers are required to provide assurances that
they are following good manufacturing practices and quality
control procedures and that the formula will allow infants to
thrive. Such assurances have not been provided for any infant
formulas from China. Therefore, the agency is warning consumers
that the safety and nutritional adequacy of infant formula from
China is unknown.

FDA will continue to investigate and work with New York State
Department of Agriculture and Markets and alert other states of
the findings.

Consumers are advised to report any adverse reactions related to
infant formula immediately to your health care provider as well
as the FDA and state and local agencies.

For more details, contact The Food And Drug Administration -
Media Inquiries: 301-827-6242 or Consumer Inquiries:
888-INFO-FDA.


ISPAT ISCOR: Suit Over Environmental Degradation Possible in NY
---------------------------------------------------------------
The class action filed against Ispat Iscor, Africa's biggest
steel producer, seeking compensation for people who suffered
degradation of their environment, is on its way to a New York
high court, the Business Report states.

16 residents of the Steel Valley town of Vanderbijlpark
initially filed the suit, alleging that the Company polluted
their water and brought sickness and suffering to their
families, for over 40 years.  The suit also alleged that
polluted water killed livestock, and caused crops and vegetables
to wither and die.

The Company has taken steps to counteract the charges.  In an
advertisement in the Financial Mail last week, the Company
announced that it was investing over R1 billion to ensure that
its steel mills were rated zero effluent.  "When we say we will
be compliant with environmental global practice, it is more than
simply a commitment, it is a matter of trust. On that you have
our word," the advert said.

However, the six-member Steel Valley Crisis Committee and its
allies were not ready to take the Company's word.

Bobby Peek, the director of groundWork, an environmental group
that has supported the crisis committee, described the advert as
"greenwash" and told the Business Report the steel giant was
spending huge sums of money to tell the world what it intended
to do when little had been done.

According to pollution ecologist and former Iscor employee
Pieter van Eeden, " . we cannot trust the word of Iscor."  He
had leaked information to the media and the claimants and said
that the company had ignored all the directives of the
government as well as the plight of the community.

However, Marius Keet, the deputy director of water quality
management at the department of water affairs, said Iscor had
submitted the plans and a water use licence had been issued to
the company.  According to the licence, the slag dump in the
Vaal area would have to be phased out by 2010 and a new location
found.  This was being monitored by the department.  Mr. Keet
also said the department was in talks with the company and the
community to ensure Iscor did rehabilitate the environment, the
Business Report states.

Samson Mokoena, the crisis committee chairman, told the Business
Report the members had lost faith in the South African courts
and this was the reason they were preparing to take class action
against the company in New York.  They would target Iscor's
suppliers in the US as well as LNM Holdings, a major shareholder
of Iscor.

In 2002, the Johannesburg high court granted an interdict for
the plaintiffs against the Company.  However, in the same year,
the Company obtained a gag order preventing the applicants from
speaking to the media about the case.  It was later lifted in
September 2002.  Later, presiding judge Michael Hellens recused
himself after facing charges of bias.  A year later, judge Meyer
Joffe dismissed the application on the grounds that it was
"deficient."

Attorney for the plaintiffs Nathan Lewin told the Business
Report that his team had in June petitioned the chief justice of
the supreme court of appeal for special leave to appeal.  He
refused to comment on whether he was planning to move the case
to New York.

"It is the only route that will ensure that Iscor accounts for
the way it has destroyed the environment," he added.

Iscor spokesperson Elton Fourie could not say how much had been
spent on rehabilitating the environment.  Research would have to
be conducted to determine the amount.  Iscor said it was
"expending between R140 million and R161 million on
environmental capital expenditure on company-wide projects for
the first six months of 2004," the Business Report states.


JC NICHOLS: Parent Settles Shareholder Fraud Lawsuit For $5.7M
--------------------------------------------------------------
Highwoods, parent of J.C. Nichols Company, agreed to settle a
securities class action filed against J.C. Nichols in the United
States District Court for the District of Kansas for $5.7
million. Highwoods, a Raleigh, N.C.-based real estate investment
trust, acquired Nichols in 1998 for $65 per share.

The original complaint charges defendants with violations of
Sections 11, 12(2) and 15 of the Securities Act of 1933
('Securities Act'), in connection with, among other things, the
dissemination of a Joint Proxy/Prospectus on Form S-4 on or
about June 2, 1998 (the 'Proxy'), containing materially false
and misleading statements and omissions of material fact,
through which defendants obtained shareholder approval of the
acquisition of JCN by Highwoods (the 'Acquisition').

Specifically, the complaint alleges, inter alia, that the Proxy
was misleading in its recommendation of the Acquisition, its
discussion of alternatives to the Acquisition, other offers, the
limitations of the scope of the fairness opinion, contained in
the Proxy, and the Company's refusal to indemnify Duff & Phelps,
an advisor to the ESOP.

The complaint also charges certain of the defendants with
violations of their common law fiduciary duties under Sections
14(a) and 20 of the Exchange Act, and Sections 409(a) and 502(a)
of ERISA in connection with their effectuation of the inadequate
and unfair Acquisition.  The class includes a subclass of all
participants in the J.C. Nichols Employee Stock Ownership Plan
(ESOP)

The suit styled "Flake v. J.C. Nichols Company, is pending in
the United States District Court for the District of Kansas on
behalf of purchasers of the Company's stock from June 2,1998
through October 1,1998.  The plaintiff firms in the suit are:

     (1) Goodkind Labaton Rudoff & Sucharow LLP, Mail: 100 Park
         Avenue, New York, NY, 10017, Phone: 212-907-0700, Fax:
         212-818-0477, by E-mail: info@glrslaw.com;

     (2) Lasky & Rifkind, Ltd., Mail: 100 Park Avenue, New York,
         NY, 10017;

     (3) Logan Law Firm LLC, Mail: 153 West 151st Street, Suite
         110, Olathe, KS, 66051-0790, Phone: 913-390-8900, E-
         mail: jklogan@actec.org.


LUCENT TECHNOLOGIES: Suit Settlement Hearing Set July 27, 2004
--------------------------------------------------------------
The Circuit Court of Kanawha County, West Virginia will hold a
fairness hearing for the proposed settlement for the class
action filed against Lucent Technologies, Inc. on behalf of all
persons who purchased, financed or leased a Y2K Non-Compliant
Telecommunications product from Lucent Technologies Inc. or AT &
T Corporation, between January 1, 1990 and December 31, 1999.

The fairness hearing will be held before the Honorable Tod J.
Kaufman in Circuit Court, Kanawha County Judicial Annex, WV, on
July 27, 2004 at 10:00am.

For more details, contact The Claims Administrator - Community
Health Association by Mail: c/o Gilardi & Co. LLC, P.O. Box
1110, Corte Madera, CA 94976-1110 or by Phone: (800) 447-7657


MCDONALD'S CORPORATION: CA Consumer Commences "Fat Oil" Lawsuit
----------------------------------------------------------------
Fast food giant McDonald's faces another class action, filed in
the United States District Court in San Francisco, California,
alleging the Company failed to fulfill its promise of switching
to healthier lower-fat cooking oil, ABC News Online reports.

San Francisco talk show host Katherine Fettke filed the suit,
alleging the Company reneged on the promise it made in September
2002 that it would switch its cooking oil to help eliminate the
trans fatty acids from its menu.  The suit alleges the Company
was not fully using a cooking oil with reduced levels of trans
fatty acids and has yet to publicly disclose that in an
effective manner.

Ms. Fettke alleged that she would not have bought McDonald's
Filet-O-Fish and French fries for herself and Happy Meals,
Chicken McNuggets and crispy chicken sandwiches for her children
several times last year had she known the oil switch had not
taken place.  "If they had a solution, what's the problem here?"
Ms Fettke told Reuters.  "I thought I was getting a better
choice as far as fast food goes."

Ms. Fettke had earlier filed a lawsuit seeking to stop Kraft
Foods from selling its popular Oreo Cookies in California to
children because the cookies contained trans fatty acids.  These
acids have been linked to increased levels of "bad" cholesterol
and associated with clogged arteries.

The Company has yet to see the suit.  McDonald's spokeswoman
Lisa Howard said the company's oil switch was progressing,
though at a pace slower than expected, ABC News Online reports.

"In February of 2003, we made a broad public statement that the
change in our cooking oil was taking longer than anticipated and
would be delayed," she said in a statement.  Since then,
McDonald's has reduced levels of trans fatty acids in its
McNuggets and other chicken foods and the company is "committed
to getting it right for our customers."


MILBANK TWEED: Requesting Dismissal From Enron Litigation
---------------------------------------------------------
Milbank Tweed will attempt this week to ask for the dismissal of
a class action filed against it in relation to its role in the
massive fraud at fallen energy giant Enron Corporation that
later led to its bankruptcy in late 2001, the Financial Times
reports.

The suit alleges that Milbank Tweed, one of the world's most
prestigious law firms, played a significant role in the Enron
debacle in its capacity as legal adviser to the group and some
of its investment banks.  The suit is less prominent than those
filed against other outside Enron law firms such as Vinson &
Elkins and Kirkland & Ellis, but the firm would be severely
damaged if it lost or were forced to settle.

Prominent class action firm Milberg Weiss filed the suit on
behalf of the Company's investors.  Milberg has since split into
two firms and the Milbank case is being managed by the new firm
of Lerach Coughlin Stoia & Robbins.

William Lerach told FT.com, "My view is that Milbank Tweed is
the worst of all the advisers. They were participating with a
number of the banks in structuring the very manipulative
transactions that inflated Enron's earnings and balance sheet."

In its first motion to dismiss, Milbank says many of the
transactions that it was involved in were private placements of
securities and therefore not issues brought by the class-action
plaintiffs.  It says it was not part of a grand scheme to
defraud.  Milbank separately pointed out to the Financial Times
that it was not criticized in the extensive report into the
collapse of Enron by Neal Batson, a court-appointed examiner who
otherwise slammed many of Enron's banks and other advisers.


MONSTER CABLE: Suit Settlement Hearing Set August 26, 2004
----------------------------------------------------------
The California Superior Court for the County of San Mateo will
hold a fairness hearing for the proposed settlement for the
class action filed against Monster Cable Products, Inc. on
behalf of all purchasers and owners of Monster "Power Cells"
High Capacity Alkaline Batteries.

The settlement hearing will be held before the Honorable Carol
L. Mittlesteadt in the Hall of Justice, Courtroom 8A, 400 County
Center, Redwood City, CA 94063, on August 26, 2004 at 9:00am.

For more details, contact Edward A. Wallace of the Wexler Firm
LLP by Mail: One North LaSalle Street, Suite 2000, Chicago, IL
60602 by Phone: 312-346-2222 or by Fax 312-346-0022 or Shannon
P. Cereghino Finkelstein Thompson and Loughran by Mail: 235 Pine
Street, 15th Floor, San Francisco, CA 94104 by Phone:
415-477-6730 or by Fax: 415-477-6710 OR visit the settlement Web
site: http://www.powercellsetlement.com


PRICE CHOPPER: Recalls Mussels Because of Listeria Contamination
----------------------------------------------------------------
Responding to a recall from New England Smoked Seafood, Inc.,
Price Chopper Supermarkets is voluntarily recalling 4oz. Packed
Smoked Mussels with a specific "Best If Used By: August 25,
2004" date.

The product has the potential to be contaminated with Listeria
monocytogenes, an organism that 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.

The Smoked Mussels were distributed to Price Chopper retail
stores in Vermont, New Hampshire, Massachusetts, Connecticut,
New York and Pennsylvania. The packages were packed in a 4 oz.
Vacuum-packed bags labeled as "Chef Noel's New England Smoked
Seafood Applewood Smoked Mussels Vermont Made".

The firm was notified of the findings of Listeria monocytogenes
by the State of New York Department of Agriculture and Markets
during a routine sampling collection. The FDA was also notified
of this problem.

There have been no reported illnesses to date.

Customers may return the product to Price Chopper for a full
refund.

For more details, contact Price Chopper's Consumer Services
Department at 1-800-666-7667, Option 3 or Mona J. Golub,
Director of Public Relations and Consumer Services at
(518) 379-1480.


QUALITY DINING: Shareholders Launch Suit Over Going Private Bid
---------------------------------------------------------------
Restaurant chain Quality Dining faces a shareholder class action
filed in St. Joseph Superior Court in Indiana, opposing a bid by
several company officials to return the business to private
ownership, The South Bend Tribune reports.

In June, five Company executives, led by president and chief
executive officer Daniel B. Fitzpatrick, announced plans to pay
$2.75 per outstanding share, delist the company from the Nasdaq
and take it back to private ownership.  Company executives cited
the expenses of remaining a public company as the reason for
going back to private ownership.

Law firm Kroger Gardis & Regas filed the suit against the
Company, its directors and two of its officers on behalf of its
shareholders, alleging the defendants breached their fiduciary
duty by advancing their individual interests at the expense of
public shareholders.  The suit seeks an injunction stopping the
effort to take the company private, as well as monetary damages
and court costs.  The suit also names as defendants:

     (1) Gerald O. Fitzpatrick,

     (2) James K. Fitzpatrick,

     (3) John C. Firth,

     (4) Philip J. Faccenda,

     (5) Ezra H. Friedlander,

     (6) Bruce M. Jacobson,

     (7) Steven M. Lewis, and

     (8) Christopher J. Murphy III

The board already has directed an independent committee -- board
members not part of the proposed buyout -- to review the offer.
Company officials expected it to take months before the proposal
would be brought before shareholders, the South Bend Tribune
reports.  Many shareholders met the announcement with dismay,
particularly since they were offered $5 per share in May 2000 by
QDI Acquisition, a subsidiary of former dissident shareholders
NBO.

The lawsuit alleged the Company's offer of $2.75 per share
constitutes unfair dealing because the price doesn't adequately
reflect the progress and future value of the company.  The suit
further alleged that the members of the Fitzpatrick Group hold
44.7 percent ownership of the outstanding shares, which puts the
group in position to "virtually ensure consummation of the
transaction without regard to its fairness to Quality Dining's
public shareholders."

No response had been filed by the company as of Friday, the
South Bend Tribune stated.  No court dates have been set.  The
company could not be reached for comment Friday, but stated the
lawsuit is without merit.


SPECTRALINK CORPORATION: Suit Settlement Hearing October 7, 2004
----------------------------------------------------------------
The United States District Court for the District of Colorado
will hold a fairness hearing for the proposed settlement for the
class action filed against Spectralink Corporation on behalf of
all persons or entities who purchased or otherwise acquired the
publicly-traded common stock of the Company during the period
from April 19, 2001 through and including January 11, 2002.

The hearing will be held before the Honorable Wiley Y. Daniel in
the United States District Court for the District of Colorado,
Alfred A. Arraj Courthouse, 901 19th Street, Denver Colorado
80294-3589, at 9:00am on October 7, 2004.

For more details, contact Spectralink Corporation Securites
Litigation by Mail: c/o The Garden City Group, Inc. - P.O. Box
9000 #6159, Merrick, NY 11566-9000 by Phone: 1-(877)-824-5823 or
visit their Web site: http://www.gardencitygroup.comor Lori G.
Feldman, Esq. Milberg Weiss Bershard & Schulman LLP BY Mail:
1001 Fourth Avenue, Suite 2550, Seattle, Washington 98154 or Kip
Shuman, Esq. of Dyer & Schuman LLP by Mail: 801 East 17th
Avenue, Denver, Colorado 80218


SYMBOL TECHNOLOGIES: SEC Suspends, Settles Fraud Charges V. CPA
---------------------------------------------------------------
The Commission today instituted and simultaneously settled an
administrative proceeding pursuant to Rule 102(e) of the
Commission's Rules of Practice against James Dean, a former
Symbol Technologies, Inc. (Symbol) executive and certified
public accountant licensed to practice in the State of New York.
Without admitting or denying the Commission's findings, Dean
consented to a Commission order suspending him from appearing or
practicing before the Commission as an accountant.

The administrative proceeding was based on the entry of a
partial final judgment against Dean on June 9 by the Honorable
Leonard D. Wexler of the United States District Court for the
Eastern District of New York, in the action entitled SEC v.
Symbol Technologies, Inc., et al., 04 Civ. 2276 (LDW). Dean
consented, without admitting or denying the allegations of the
Commission's complaint, to the entry of the partial final
judgment which permanently enjoins him from violating Sections
10(b) and 13(b)(5) of the Securities Exchange Act of 1934 and
Rules 10b-5 and 13b2-1 thereunder, and from aiding and abetting
violations of Sections 13(a) and 13(b)(2) of the Securities
Exchange Act of 1934 and Rules 12-20, 13a-1 and 13a-13
thereunder. In its complaint, filed on June 3, the Commission
alleged that Dean employed a number of improper accounting
practices that violated generally accepted accounting principles
while engaged in a fraudulent scheme to manipulate Symbol's
reported financial results.  As a result of the scheme, Symbol
restated

     (1) selected financial data for 1998 and 1999, including
         revenue and net income;

     (2) the annual financial statements for 2000 and 2001; and

     (3) selected quarterly data, including revenue and net
         income, for 2001 and the first three quarters of 2002.



TRIBUNE CO.: Olympic Carpet Files Suit V. Inflated Circulation
--------------------------------------------------------------
The media company, Olympic Carpet initiated a lawsuit seeking
class action status against the Tribune Co. in response to the
company's announcement that it inflated circulation numbers at
two of its newspapers, the AP Online reports.

The suit alleges that Tribune defrauded advertisers by inflating
the figures. Advertising rates are commonly set according to
newspaper circulation. The Chicago-based media company claims
that, since June circulation figures had been inflated at
Newsday, a New York newspaper, and at Hoy, a Spanish-language
daily launched by Newsday and owned by Tribune.

Four New York-based business owners sued Tribune and Newsday in
February, but the new lawsuit, did not name any of the company's
14 newspapers specifically.

However, an attachment to the lawsuit included two monthly bills
from Exito, the former name of the Tribune Co.'s Spanish-
language newspaper in Chicago. Tribune changed Exito's name last
fall to Hoy to match its sister publication in New York.


VICURON PHARMACEUTICALS: Plaintiff Deadline Set August 14, 2004
---------------------------------------------------------------
The law firm of Murray, Frank & Sailer LLP reminds investors
that the lead Plaintiff deadline for a class action lawsuit
filed on behalf of purchasers of the securities of Vicuron
Pharmaceuticals Incorporated ("Vicuron" or the "Company")
(Nasdaq:MICU) between January 6, 2003 and May 24, 2004,
inclusive (the "Class Period") is on August 14, 2004.

The action is for remedies under the Securities Exchange Act of
1934 (the "Exchange Act"). The action, 04-CV-2627, is pending in
the United States District Court Eastern District of
Pennsylvania against defendants Vicuron; George F. Horner, III;
Dov A. Goldstein; and Timothy J. Henkel.

The Complaint alleges that, during the Class Period, defendants
artificially inflated the price of Vicuron stock by concealing
negative material information concerning both the safety and
efficacy of Anidulafungin, Vicuron's intravenous treatment of
fungal infections which is the subject of late-stage clinical
trials for the treatment of esophageal candidiasis, invasive
aspergillosis, and invasive candidiasis/candidemia. Defendants
concealed key adverse information regarding the development and
commercialization of Anidulafungin, which raised serious
concerns about the FDA's future approval of the drug. The
partial disclosure of the contents of an FDA letter, dated
Monday, May 24, 2004, detailing the failure of Vicuron to supply
data necessary to support its claim that Anidulafungin can be
used to treat esophageal candidasis, caused Vicuron shares to
plummet $8.86 to $13.04, a loss of over 40% from the previous
trading day and a loss of over 45% from its Class Period high of
$23.90.

For more details, contact Eric J. Belfi or Aaron D. Patton of
Murray, Frank & Sailer LLP by Phone: (800) 497-8076 or
(212) 682-1818 by Fax: (212) 682-1892 by E-mail:
info@murrayfrank.com or visit their Web site:
http://www.murrayfrank.com/newcases_208.htm


                 New Securities Fraud Cases


CALLIDUS SOFTWARE: Marc Henzel Lodges Securities Suit in N.D. CA
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United Stated District Court for the Northern
District of California on behalf of purchasers of Callidus
Software, Inc. (Nasdaq:CALD) common stock during the period
between November 19, 2003 and June 23, 2004 (the "Class
Period"), including those who acquired their shares pursuant to
the Company's November 2003 Initial Public Offering ("IPO").

The complaint charges Callidus and certain of its officers and
directors with violations of the Securities Exchange Act of
1934. Callidus is a provider of enterprise incentive management
("EIM") software systems to global companies across multiple
industries.

The complaint alleges that during the Class Period, defendants
caused Callidus stock to trade at artificially inflated levels
through the issuance of false and misleading statements
regarding the Company's business and prospects. According to the
complaint, the defendants knew but concealed from the public the
following adverse facts:

     (1) the Company's financials were suffering at the time of
         the IPO due to competition from established enterprise
         software vendors, including Siebel, and established ERP
         vendors, such as SAP, who could bundle their EIM
         offerings with other software products and therefore
         compete more aggressively on prices;

     (2) in the Company's license revenues, the Company was,
         prior to the Company's IPO, experiencing a material
         adverse trend in this business segment;

     (3) as a result of the Company experiencing a severe
         adverse trend in "license" revenue, the Company's
         future "service" revenue would be materially and
         adversely impacted for future quarters;

     (4) the Company used as a barometer for its sales forecasts
         its 18 quota-carrying sales representatives who were
         severely behind on hitting their unrealistic quotas;
         and

     (5) prior to the IPO, the Company had planned on bringing
         its Cezanne software team "in-house," which would
         dramatically impact the Company's earnings per share in
         future quarters.

On June 24, 2004, before the market opened, the Company issued a
press release announcing that the Company's "chairman and chief
executive resigned, and it warned that second-quarter and full-
year results would not meet . . . financial targets." On this
news the Company's shares fell to $5.01 per share, well below
the Class Period high and even the IPO price.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


CENTRAL FREIGHT: Lasky & Rifkind Lodges Securities Suit in TX
-------------------------------------------------------------
The law firm of Lasky & Rifkind, Ltd., initiated a class action
lawsuit in the United States District Court for the Western
District of Texas, on behalf of persons who purchased or
otherwise acquired publicly traded securities of Central Freight
Lines, Inc. ("Central Freight" or the "Company") (NASDAQ:CENF)
in connection with or traceable to its December 12, 2003 Initial
Public Offering ("IPO"), inclusive (the "Class Period").

The lawsuit was filed against Central Freight and Robert V.
Fasso, Patrick J. Curry and Jeffrey A. Hale ("Defendants").

The complaint alleges that Defendants violated sections of the
Securities Act of 1933. On December 12, 2003, Central Freight
announced that it had completed an IPO of 8.5 million shares of
stock pursuant to a Prospectus/Registration statement. The IPO
was priced at $15 per share for total net proceeds of $77.9
million. Specifically the complaint alleges that the
Prospectus/Registration statement was materially false and
misleading and failed to disclose that the Company's resource
planning process was not performing as anticipated, that the
Company's aggressive expansion were negatively impacting
margins, that the Company's insurance claims accrual rate was
incorrect because the Company failed to adequately reserve for
accident frequency, and that the Company was experiencing
significant operating issues.

On June 16, 2004 Central Freight announced that it expected to
report a loss per share of as much as $0.14 per share, including
an $0.11 per share tax benefit. This announcement marked the
second time in as many quarters that the Company had missed
analyst expectations. Shares responded negatively to the news,
falling $3.99 to $8.55 per share, representing a decline of
31.8%.

For more details, contact Lasky & Rifkind, Ltd. by Phone:
800-495-1868 or by E-mail: investorrelations@laskyrifkind.com


CORINTHIAN COLLEGES: Charles Piven Files Securities Suit C.D. 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 Corinthian
Colleges, Inc. (Nasdaq:COCO) between August 27, 2003 and June
23, 2004, inclusive (the "Class Period").

The case is pending in the United States District Court for the
Central District of California against defendant Corinthian,
Anthony Digiovanni, David Moore and Dennis Beal.

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.

No class has yet been certified in the above action.

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


CORINTHIAN COLLEGES: Weiss & Yourman Files Securities Suit in CA
----------------------------------------------------------------
The law firm of Weiss & Yourman initiated a lawsuit seeking
class action status in the United States District Court for the
Central District of California on behalf of purchasers of
Corinthian Colleges, Inc. (Nasdaq: COCO) securities from August
27, 2003, through June 23, 2004, inclusive.

Corinthian operates approximately 150 for-profit colleges and
training centers in North America, including Bryman College,
Florida Metropolitan University, Rhodes College and the National
Institute of Technology.

The complaint alleges that Corinthian and certain of its
officers violated federal securities laws by failing to disclose
the Company's lack of internal controls and that the Department
of Education had uncovered violations in the application process
for federal student loans at one of its campuses in December of
2003. The complaint further alleges that as a result, the school
had lost its ability to receive advance payments on its student
loans. Only after these events were ultimately revealed by
certain publications did the Company acknowledge them to the
investing community. In fact, during the Class Period,
defendants specifically denied knowledge of any "events or
activities that would warrant any concern in the Company's
performance," and continued to announce record results and
optimistic forecasts to the market. All the while, certain
Company insiders sold more than $18 million worth of their
personal shares of Corinthian stock during the Class Period.

For more details, contact Weiss & Yourman - Los Angeles Office
by Phone: (800) 437-7918 by E-mail: info@wyca.com or visit their
Web site: http://www.wyca.com


INTRABIOTICS PHARMACEUTICALS: Marc Henzel Files Stock Suit in CA
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United States District Court for the Northern
District of California on behalf of all persons who purchased
the publicly traded securities of IntraBiotics Pharmaceuticals,
Inc. (Nasdaq: IBPI) between September 5, 2003 and June 22, 2004
inclusive.  Also included are all those who acquired
IntraBiotics' shares in its offerings on October 10, 2003 and
May 5, 2004.  Present and former employees who purchased stock
through IntraBiotics' Retirement Savings Plans are also
included.

The Complaint alleges that IntraBiotics, a biopharmaceutical
company, and certain of its officers and directors issued
materially false statements concerning the Company's drug
iseganan. Specifically, defendants failed to disclose:

     (1) that iseganan was not safe and well-tolerated at
         therapeutically relevant doses when administered to the
         oral cavity;

     (2) that the drug caused a higher rate of ventilator -
         associated pneumonia ("VAP") and mortality as compared
         to placebo;

     (3) that despite knowing and/or recklessly disregarding the
         aforementioned facts, the defendants nevertheless
         raised capital through offerings of its common stock in
         order to portray to the market that iseganan was a
         viable marketable product that was on the "fast track"
         to FDA approval; and

     (4) that as a result of the above, the defendants
         statements concerning iseganan were lacking in any
         reasonable basis.

On June 23, 2004, the Company announced that an independent data
monitoring committee recommended to IntraBiotics that it
discontinue its pivotal trial of iseganan for the prevention of
VAP based on an interim analysis of the data. On this news,
IntraBiotics fell $9.45 per share or 69%, to close at $4.23 per
share.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


MASTEC INC.: Marc Henzel Lodges Securities Fraud Suit in S.D. FL
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United Stated District Court for the Southern
District of Florida on behalf of purchasers of the securities of
MasTec, Inc. (NYSE: MTZ) between May 13, 2003 and April 12,
2004, inclusive.

The complaint charges MasTec, Austin Shanfelter, and Donald
Weinstein with violations of Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder.  The Complaint alleges that defendants made material
misstatements with respect to the Company's financial results.
More specifically, the Complaint alleges that defendants failed
to disclose and indicate the following:

     (1) that the Company was materially inflating its financial
         results;

     (2) that the Company was prematurely recognizing revenue on
         various contracts;

     (3) that the Company's practice of improperly recognizing
         revenue was in violation of Generally Accepted
         Accounting Principles ("GAAP");

     (4) that the Company overstated its inventory;

     (5) that the Company failed to have adequate reserves for
         bad debts, inventory, cost overruns, and projected
         losses on certain projects; and

     (6) as a result, the Company's financial results were
         materially inflated at all relevant times.

The truth about the Company's inflated financial results began
to emerge on March 10, 2004, when MasTec announced that the
filing of its 10-K would be delayed past the March 15th
deadline. On news of this shares of MasTec fell $2.00 per share
or 16.75 percent on March 10, 2004 to close at $9.94 per share.
On March 18, 2004, MasTec further declined $2.31 per share, or
23 percent, to close at $7.75 per share when Standard & Poor's
Rating Services put the Company's BB credit rating on watch for
a downgrade.

Then on April 13, 2004, MasTec announced its 2003 operating
results and disclosed material problems that may result in a
restatement of its previously announced financial results. More
specifically, the Company announced a net loss of $39.7 million
($0.83 per share) on revenue of $873.9 million for the year.
Additionally, the Company disclosed that during its review and
analysis of the Company's annual results, MasTec's management
identified a number of matters that impacted current and prior-
period operating results. These included additional reserves for
bad debts and inventory, cost overruns and projected losses on
certain projects, valuation reserves for state deferred tax
assets, revenues recognized on various contracts, work in
progress and inventory overstatements at a Canadian subsidiary,
the closing of Brazilian operations, the accrual for certain
insurance reserves which was complicated by the receivership of
a prior insurance carrier, and other items. Defendants concluded
that these matters required a detailed analysis and evaluation
to determine the appropriate accounting treatment. Some of these
issues may require restatements of amounts previously reported.

News of this shocked the market. Shares of MasTec's stock price
dropped $1.50 per share, or 15.5 percent, on April 13, 2004 on
unusually large trading volumes.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


MERIX CORPORATION: Wolf Haldenstein Lodges Securities Suit in OR
----------------------------------------------------------------
The law firm of Wolf Haldenstein Adler Freeman & Herz LLP
initiated a class action lawsuit in the United States District
Court for the District of Oregon, on behalf of all persons who
purchased the securities of Merix Corporation ("Merix" or the
"Company") (Nasdaq: MERX) between July 1, 2003 and May 13, 2004,
inclusive, (the "Class Period") against defendants Merix and
certain officers of the Company.

The case name is Cheng v. Merix Corporation, et al.

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

The complaint alleges that statements made by the defendants
during the Class Period were materially false and misleading
because they failed to disclose and misrepresented the following
adverse facts:

     (1) the significant decline in the demand for the Company's
         premium services, which Merix was experiencing when it
         made its positive projections yet failed to disclose,
         would foreseeably result in lower profits and have a
         material impact on the Company's financial results;

     (2) the purported demand was not being driven by strong
         end-user demand, but rather, the building up of
         inventory of Merix products by Merix' customers,
         especially higher-margin products, that could satisfy
         end-user demand, thereby jeopardizing Merix's new
         product sales; and

     (3) as a result of the foregoing, defendants lacked a
         reasonable basis for their positive statements about
         the Company and their projections regarding the
         Company's financial and operational performance.

For more details, contact Fred Taylor Isquith, Esq., Christopher
S. Hinton, Esq., George Peters, or Derek Behnke of Wolf
Haldenstein Adler Freeman & Herz LLP by Mail: 270 Madison
Avenue, New York, New York 10016 by Phone: (800) 575-0735 by E-
mail: classmember@whafh.com or visit their Web site:
http://www.whafh.com/cases/merix.htm


NDCHEALTH CORPORATION: Marc Henzel Lodges Securities Suit in GA
---------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United Stated District Court for the Northern
District of Georgia on behalf of purchasers of the securities of
NDCHealth Corporation (NYSE: NDC) between October 1, 2003 and
March 31, 2004, inclusive, seeking to pursue remedies under the
Securities Exchange Act of 1934.

The complaint charges NDC, Walter M. Hoff and Randolph L.M.
Hutto with violations of Section 10(b) and 20(a) of the
Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder. Throughout the Class Period, defendants issued
quarter after quarter of strong financial results. Defendants
failed to disclose that these stellar financial results were
only made possible through improper revenue recognition
practices in violation of Generally Accepted Accounting
Principles ("GAAP").

On April 1, 2004, before the market opened, defendants shocked
the market by announcing that NDC would delay it will delay the
release of its fiscal third-quarter financial results as it
"reviews some aspects of how it records revenue." The Company
said the review relates to the timing of sales recognition in
its value-added reseller channel in NDC's physician business
unit.

In response to the news concerning NDC's previously undisclosed
accounting issues, the price of NDC stock dropped nearly 20% to
close at $22.70 on unusually large trading volumes of nearly 4.8
million shares traded - - far greater than NDC's average daily
trading volume of about 298,000 shares.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


QUALITY DISTRIBUTION: Marc Henzel Lodges 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 on behalf of purchasers of Quality
Distribution, Inc. (Nasdaq: QLTY) common stock during the period
between November 7, 2003 and February 2, 2004, inclusive.

The complaint charges Quality Distribution, Thomas L. Finkbiner
and Samuel M. Hensley with violations of Sections 11 and 15 of
the Securities Exchange Act of 1933. On or about November 7,
2003, Quality Distribution commenced an initial public offering
of 7 million of its shares of common stock at an offering price
of $17.00 per share (the "IPO"), thereby raising approximately
$110.7 million. In connection therewith, Quality Distribution
filed a registration statement, which incorporated a prospectus
(the "Prospectus"), with the SEC.

The complaint alleges that the Prospectus was materially false
and misleading because Quality Distribution materially
overstated its financial results and its financial statements
were not prepared in accordance with Generally Accepted
Accounting Principles ("GAAP").

On February 2, 2004, the Company announced that it expected to
take a fourth-quarter charge and restate its results back to
2001 after discovering insurance law violations at Power
Purchasing Inc. ("PPI"), one of its subsidiaries. The Company
announced that it expects to take fourth-quarter 2003 charges of
between $3 million and $6 million and it forecast net income for
the same period would be negatively impacted by the problems at
the subsidiary, along with other one-time expenses.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


QUOVADX INC.: Marc Henzel Files Securities Fraud Suit in N.D. CA
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United States District Court for the Northern
District of California on behalf of all persons who purchased
the publicly traded securities of Quovadx, Inc. (Nasdaq: QVDX)
between November 3, 2003 and March 15, 2004, inclusive/

The Complaint alleges that defendants, including certain of its
officers and directors, with violations of Sections 10(b) and
20(a) of the Securities Exchange Act of 1934 as well as Rule
10b-5 promulgated thereunder.  Quovadx, Inc. provides software
and services that enable companies to achieve competitive
process advantage.

The complaint will allege that defendants issued a series of
materially false and misleading statements regarding the
Company's business, financial condition, earnings and prospects.
Specifically, on March 16, 2004, shares tumbled after the
software firm said it had failed to collect payments from a
large customer, forcing a restatement of 2003 results.

The Englewood, Colo., company also disclosed that it would delay
filing its annual report with the Securities and Exchange
Commission to allow time to complete the revisions. Quovadx said
it had been unsuccessful in collecting funds from Infotech
Network Group, a consortium of 15 Indian information-technology
companies. Quovadx had previously recorded more than $11 million
in revenue from the Infotech contract. Now, Quovadx will remove
the Infotech revenue from its 2003 results.

As a result of these materially false and misleading statements
and omissions, plaintiff will allege that the price of QVDX
securities was artificially inflated during the Class Period

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


SUPERCONDUCTOR TECHNOLOGIES: Marc Henzel Lodges Stock Suit in CA
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a securities class
action in the United States District Court Western District of
California on behalf of all purchasers of the common stock of
Superconductor Technologies, Inc. (Nasdaq: SCON) between January
9, 2004 and March 1, 2004, inclusive.

The action is pursuing remedies under the Securities Exchange
Act of 1934. The complaint charges the Company and certain of
its officers and directors for violations of the federal
securities laws.  During the Class Period, it is alleged that
the Company projected first quarter 2004 revenues to be in the
range of 10 to 13 million dollars. However, in actuality, first
quarter revenues were later announced to be closer to 4 million
dollars, due to changes in demand made by two (2) of the
Company's customers.

The complaint further alleges that the Company and its officers
and directors knew of this decreased demand for its product well
in advance of this previous allegedly inflated revenue
projection.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


VERITAS SOFTWARE: Charles J. Piven Lodges Securities Suit in DE
---------------------------------------------------------------
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 Veritas
Software Corporation (Nasdaq:VRTS) between April 21, 2004 and
July 6, 2004, inclusive (the "Class Period").

The case is pending in the United States District Court for the
District of Delaware against defendant Veritas, Edwin J. Gillis
and Gary L. Bloom.

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.

No class has yet been certified in the above action.

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


YUKOS OIL: Schatz & Nobel Files Securities Fraud Suit in S.D. NY
----------------------------------------------------------------
The law firm of Schatz & Nobel, P.C., initiated a lawsuit
seeking class action status has been filed in the United States
District Court for the Southern District of New York on behalf
of all persons who purchased the publicly traded securities of
Yukos Oil Company (OTC: YUKOF; YUKOY) (Russia: YUKO) ("Yukos")
between February 13, 2003 and October 25, 2003 inclusive, (the
"Class Period"). Also included are all those who acquired Yukos'
shares through its acquisitions of Sibneft, Geoilbent, and
Vostochnaya.

The Complaint alleges that Yukos, a vertically-integrated oil
company, issued materially false statements. Specifically,
defendants created a complex network of shell companies to evade
taxes on the production, refining and sale of oil and oil
products. These shell companies were registered in territories
with preferential tax treatment in order to receive special tax
exemptions and minimize tax liability. Since these shell
companies were not separate legal entities, Yukos was required
to recognize the full amount of the receipts associated with
these transactions for its own tax purposes and was not entitled
to the preferential tax treatment these shell companies were
granted. Accordingly, Yukos' tax liability was materially
understated and its earnings were materially overstated.

For more details, contact Nancy A. Kulesa of Schatz & Nobel,
P.C. by Phone: (800) 797-5499 by E-mail: sn06106@aol.com or
visit their Web site: http://www.snlaw.net


YUKOS OIL: Marc Henzel Lodges 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 Yukos Oil Company (Pink Sheets:YUKOF) (Pink Sheets:YUKOY)
(Russia:YUKO) between February 13, 2003 and October 25, 2003.

The complaint charges Yukos, certain of its officers and
directors and its accounting advisors with violations of the
Securities Exchange Act of 1934. Yukos is one of Russia's
leading vertically-integrated oil companies, and one of the
world's largest non-state owned oil companies.

The complaint alleges that defendants created a complex network
of shell companies to evade taxes on the production, refining
and sale of oil and oil products. These shell companies were
registered in territories with preferential tax treatment to
enable these companies to receive special tax exemptions in
order to minimize Yukos' tax liability.

Since these shell companies were not separate legal entities, as
Yukos maintained control over the operations of these companies,
Yukos was required to recognize the full amount of the receipts
associated with these transactions for its own tax purposes and
was not entitled to the preferential tax treatment these shell
companies were granted. Accordingly, Yukos' tax liability was
materially understated and its earnings were materially
overstated in violation of GAAP.

Defendants' scheme began to unravel in October 2003 when the
market learned that Russian authorities had arrested the
Company's largest shareholder and CEO, defendant Mikhail
Khodorkovsky, and had charged him with fraud, embezzlement and
evading taxes on hundreds of millions of dollars that was owed
to the government. At this time, the Russian authorities also
announced that they would pursue criminal prosecutions against
other senior Yukos officials.

Ultimately, Yukos, which has been audited by the Tax Ministry of
Russia for its fiscal year 2000 tax returns, will be required to
pay approximately $3.3 billion for 2000 alone due to its
understatement of its tax liability, including interest and
penalties. The Tax Ministry intends to audit Yukos' books for
2001-2003 based upon the same charges. Yukos could ultimately be
expected to pay upwards of $10 billion to the Tax Ministry for
defendants' involvement in the illegal tax evasion scheme.

For more information, contact Marc S. Henzel by Mail: 273
Montgomery Ave., Suite 202, Bala Cynwyd, PA 19004, by Phone:
610-660-8000 or 888-643-6735 by Fax: 610-660-8080 or by E-Mail:
mhenzel182@aol.com


                            *********


A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the Class Action Reporter. Submissions
via e-mail to carconf@beard.com are encouraged.

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.

                            *********


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
Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.   Glenn Ruel Se¤orin, Aurora Fatima Antonio and Lyndsey
Resnick, Editors.

Copyright 2004.  All rights reserved.  ISSN 1525-2272.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without
prior written permission of the publishers.

Information contained herein is obtained from sources believed
to be reliable, but is not guaranteed.

The CAR subscription rate is $575 for six months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Christopher
Beard at 240/629-3300.

                  * * *  End of Transmission  * * *