CAR_Public/050927.mbx             C L A S S   A C T I O N   R E P O R T E R

           Tuesday, September 27, 2005, Vol. 7, No. 191

                            Headlines

ACRES GAMING: NV Court Considers Dismissal of Securities Lawsuit
AGWAY INC.: NJ-Based Investors Sue Former Executives, Auditors
ALABAMA: Court Orders Return of $4.3M in Contempt Fines to State
AVERY DENNISON: Continues To Face PA Suit V. UPM-MACtac Merger
AVERY DENNISON: CA Court OKs Stay of Securities Fraud Lawsuits

AVERY DENNISON: Continues to Face Label Stock Antitrust Lawsuits
AVERY DENNISON: Pamco Tape Drops Antitrust Lawsuit V. UPM Merger
AVERY DENNISON: Faces Lawsuit For ERISA Violations in C.D. CA
BIOVAIL CORPORATION: Suit Alleges That Company Misled Investors
CALIFORNIA: Men Launch Suit V. City Over Public Strip Searches

CARDSYSTEMS SOLUTIONS: Judge Rejects Request to Notify Consumers
CENTENNIAL COMMUNICATIONS: Faces Unfair Trade Practices Lawsuits
CERNER CORPORATION: Appeals Court Mulls Appeal of Suit Dismissal
DUDUESNE LIGHT: Reaches $12M Securities Fraud Settlement in PA
FINOVA CAPITAL: Enters Mediation For SC Thaxton Entities Suits

GTC BIOTHERAPEUTICS: PA Court Certifies Shareholder Fraud Suit
HORIZON HEALTH: Faces Overtime Wage Lawsuit in CA State Court
ILLINI CORPORATION: Ousted Trial Attorney To Appeal IL Suit Pact
ILX RESORTS: AZ Court OKs Unfair Trade Practices Suit Settlement
LATTICE SEMICONDUCTOR: Plaintiffs File Consolidated Suit in OR

LOUISIANA: Attorneys Sue Oil Firms, Blames Them For Devastation
NASHUA CORPORATION: Court Mulls Summary Judgment, Certification
NORTH CAROLINA: Settlement Proposed For Tobacco Farmers' Suit
ORANGE 21: Shareholders Launch Investor Fraud Suits in S.D. CA
PENTAIR INC.: Working To Settle M/V Horizon Disease Litigation

SEITEL INC.: TX Court Approves Shareholder Fraud Suit Settlement
SOURCECORP INC.: Shareholders Commence Fraud Suit in N.D. Texas
SPORT CHALET: Reaches Settlement For CA Labor Violations Lawsuit
SPORT CHALET: Shareholders Launch Investor Fraud Lawsuit in DE
TITAN CORPORATION: Suit Settlement Hearing Set November 2, 2005

WHITE ELECTRONIC: Asks AZ Court To Dismiss Securities Fraud Suit
WILD OATS: Canada Court Approves Hepatitis Victims' Settlement
WILD OATS: Trial in CA Overtime Wage Suit Set On October 2005


                  New Securities Fraud Cases

ABERCROMBIE & FITCH: Marc S. Henzel Lodges Securities Suit in OH
ABERCROMBIE & FITCH: Wolf Haldenstein Lodges OH Securities Suit
DHB INDUSTRIES: Faruqi & Faruqi Files Securities Suit in E.D. NY
ISOLAGEN INC.: Milberg Weiss Lodges Securities Fraud Suit in PA
MOLINA HEALTHCARE: Finkelstein Firm Sets Lead Plaintiff Deadline

UBS-AG: Stull Stull Files Fraud Suit in NY Over AIM Mutual Funds
UBS-AG: Stull Stull Lodges Suit in NY Over Columbia Mutual Funds
UBS-AG: Stull Stull Lodges Suit in NY Over Hartford Mutual Funds
UBS-AG: Stull Stull Files NY Suit Over John Hancock Mutual Funds
UBS-AG: Stull Stull Lodges NY Suit Over Lord Abbett Mutual Funds

UBS-AG: Stull Stull Lodges Suit in NY Over Pioneer Mutual Funds
UBS-AG: Stull Stull Lodges Suit in NY Over Scudder Mutual Funds
UBS-AG: Stull Stull Lodges NY Suit Over Van Kampen Mutual Funds
WORLD HEALTH: Abbey Gardy Files Securities Fraud Suit in W.D. PA


                           *********


ACRES GAMING: NV Court Considers Dismissal of Securities Lawsuit
----------------------------------------------------------------
The Clark County, Nevada District Court has yet to rule on
International Game Technology, Inc.'s and Acres Gaming
Incorporated's motion for the dismissal the third amended
complaint filed against them, designated as Case No. 470016.
The complaint alleged that Acres directors breached their
fiduciary duties to their stockholders in connection with the
approval of the merger transaction between Acres and the Company
and sought to enjoin and/or void the merger agreement among
other forms of relief.

On September 19, 2003, the Court denied plaintiff's motion for a
temporary restraining order (TRO) to prevent Acres stockholders
from voting on the merger.  On September 24, 2003, plaintiff
petitioned the Nevada Supreme Court to vacate the denial of the
TRO and to enjoin Acres from holding its stockholder vote on the
merger.  The Nevada Supreme Court denied the petition on
September 25, 2003.  The plaintiff's action also seeks damages.

On December 23, 2003, defendants filed a motion to dismiss
plaintiff's second amended complaint for failure to state a
claim on which relief may be granted.  On April 29, 2004, the
Court issued a ruling denying defendant's motion to dismiss the
second amended complaint.  On May 12, 2004 the Court issued an
order denying defendants motion to dismiss.  Pursuant to
stipulation of the parties on August 13, 2004, plaintiff filed a
third amended complaint.  Defendants have filed a motion to
dismiss the third amended complaint.  The Court has not yet
ruled on this motion.

The suit is styled "Paul Miller v. Acres Gaming, Inc., et al,
case no. P03-A-470016-C," filed in Clark County Nevada District
Court under Judge Michelle Leavitt.  Lawyer for lead plaintiff
Paul Miller is Ike L. Epstein, while lawyer for the defendants
is Paul R. Hejmanowski.  The other defendants named in the suit
are:

     (1) Floyd W. Glisson

     (2) Todd L. Bice

     (3) Roger B. Hammock

     (4) Richard Furash

     (5) David R. Willensky

     (6) Robert W. Brown

     (7) Ronald G. Bennett


AGWAY INC.: NJ-Based Investors Sue Former Executives, Auditors
--------------------------------------------------------------
Eight investors launched a lawsuit against two of Agway Inc.'s
former executives and its auditors, alleging that they misled
investors by not disclosing the farm cooperative's financial
problems, The Syracuse Post Standard reports.

The investors, who are all New Jersey residents that purchased
more than $545,000 in money market certificates from Agway
between September 21, 2000 and September 30, 2002, filed the
suit in New York's Supreme Court in Onondaga County. They are
the court to let the matter go forward as a class action lawsuit
and award an unspecified amount in damages.  The investors named
as plaintiffs in the case are the estate of Barbara Pew, John
Pew Jr., Harold Pew, Donna Pew, H. Nancy Hann, Julia Hudasky and
Kathleen Prickett.

According to the complaint, at a time when it was insolvent,
Agway continued to sell millions of dollars of new money market
certificates to pay off money market certificates that were
coming due. It described this as a "Ponzi" scheme, where money
from new investors was used to pay off earlier investors to keep
the operation afloat until it became mired in debt.   The suit
names as defendants Donald Cardarelli, former Agway chief
executive officer; Peter J. O'Neill, former Agway chief
financial officer; and PricewaterhouseCoopers LLP, an accounting
firm that audited Agway's books.

Once the largest farm cooperative in the country, the Syracuse,
New York-based Agway filed for Chapter 11 bankruptcy protection
in October 2002 and subsequently sold off its businesses bit by
bit.


ALABAMA: Court Orders Return of $4.3M in Contempt Fines to State
----------------------------------------------------------------
A federal court ordered the return of $4.3 million in contempt
fines stemming from the case of Reynolds v. State Department of
Transportation to the state of Alabama, according to Attorney
General Troy King, The Decatur Daily reports.

Filed in 1985 by the late Johnny Reynolds against DOT, his
employer, the original suit had alleged that the department did
not promote him because he was black. Others later joined the
suit, which gained class action status.  According to the
attorney general's office, it remains one of Alabama's oldest
active court cases and has cost the state more than $250 million
in settlements, fines, legal fees and other costs.

Ruling that it had been impossible for the state to comply with
requirements of the 1994 consent decree that resulted in the
fines, U.S. District Judge Myron Thompson ordered the refund,
Mr. King's office said.

Mr. King noted that the refund is "another important step" in
resolving the suit and he is optimistic about "bringing this
matter to a conclusion for the good of the taxpayers of
Alabama."

The suit is styled, Johnny Reynolds, et al., V. Alabama
Department of Transportation, et al., Civil Action No. 85-T-665-
N, which is pending in the united States District Court for the
Middle District of Alabama, Northern Division.


AVERY DENNISON: Continues To Face PA Suit V. UPM-MACtac Merger
--------------------------------------------------------------
Avery Dennison Corporation continues to face a purported class
action filed in the United States District Court for the Middle
District of Pennsylvania, related to the proposed merger of UPM-
Kymmene (UPM) and the Morgan Adhesives (MACtac) division of
Bemis Co., Inc. (Bemis).

The Department of Justice filed a complaint, on the basis of its
belief that in certain aspects of the label stock industry "the
competitors have sought to coordinate rather than compete."  On
April 24, 2003, Sentry Business Products, Inc. filed a purported
class action in the United States District Court for the
Northern District of Illinois against the Company, UPM, Bemis
and certain of their subsidiaries seeking treble damages and
other relief for alleged unlawful competitive practices,
essentially repeating the underlying allegations of the DOJ
Merger Complaint.  Ten similar complaints were filed in various
federal district courts.

In November 2003, the cases were transferred to the United
States District Court for the Middle District of Pennsylvania
and consolidated for pretrial purposes. On January 21, 2004,
plaintiff Pamco Tape & Label voluntarily dismissed its
complaint, leaving a total of ten named plaintiffs.  Plaintiffs
filed a consolidated complaint on February 16, 2004, which the
Company answered on March 31, 2004. On April 14, 2004, the court
separated the proceedings as to class certification and merits
discovery, and limited the initial phase of discovery to the
issue of the appropriateness of class certification.

The suit is styled "Sentry Business Products, Inc. v. Avery
Dennison Corporation, et al., case no. 3:03-cv-01999-TIV," filed
in the United States District Court for the Middle District of
Pennsylvania, under Judge Thomas I. Vanaskie.  Representing the
plaintiffs is Stewart M. Weltman of Cohen, Milstein, Hausfeld &
Toll, PLLC, 39 South LaSalle Street, Suite 1100, Chicago, IL
60603, Phone: 312-357-0370, E-mail: sweltman@cmht.com.
Representing the Company are Joshua N. Holian and J. Thomas
Rosch, of Latham & Watkins LLP, 505 Montgomery Street, Suite
1900, San Francisco, CA 94111, Phone: 415-646-8343, Fax:
415-395-8095, E-mail: joshua.holian@lw.com or Tom.Rosch@lw.com.


AVERY DENNISON: CA Court OKs Stay of Securities Fraud Lawsuits
--------------------------------------------------------------
The United States District Court for the Central District of
California approved parties' stipulation to stay the securities
class action filed against Avery Dennison Corporation, its chief
executive officer Philip M. Neal, chief financial officer D. R.
O'Bryant and controller Michael A. Skovran.

On May 6, 2003, Sekuk Global Enterprises filed a purported
stockholder class action seeking damages and other relief for
alleged disclosure violations pertaining to alleged unlawful
competitive practices.  Subsequently, another similar action was
filed in the same court.  On September 24, 2003, the court
appointed a lead plaintiff and approved lead and liaison counsel
and ordered the two actions consolidated as the "In Re Avery
Dennison Corporation Securities Litigation."

Pursuant to court order and the parties' stipulation, plaintiff
filed a consolidated complaint in mid-February 2004. The court
approved a briefing schedule for defendants' motion to dismiss
the consolidated complaint, with a contemplated hearing date in
June 2004.  In January 2004, the parties stipulated to stay the
consolidated action, including the proposed briefing schedule,
pending the outcome of the government investigation of alleged
anticompetitive conduct by the Company. The court has approved
the parties' stipulation to stay the consolidated actions.
There has been no discovery and no trial date has been set.

The suit is styled "Sekuk Global Ent, et al v. Avery Dennison
Corp, et al., case no. 2:03-cv-03175-NM-FMO," filed in the
United States District Court for the Central District of
California, under Judge Nora M. Manella.  Representing the
Company is William J. Meeske of Latham & Watkins, 633 West 5th
Street, Suite 4000, Los Angeles, CA 90071-2007, Phone:
213-891-8108, E-mail: bill.meeske@lw.com.  Representing the
plaintiffs are:

     (1) Peter A. Binkow, Lionel Z. Glancy, Michael M. Goldberg,
         Glancy & Binkow, 1801 Avenue of the Stars, Ste 311, Los
         Angeles, CA 90067, Phone: 310-201-9150

     (2) Richard A. Maniskas and Marc A. Topaz, Schiffrin &
         Barroway, 280 King of Prussia Road, Radnor, PA 19087,
         Phone: 610-667-7706

     (3) David A. Rosenfeld, Samuel H. Rudman of Cauley Geller
         Bowman Coates & Rudman, 200 Broadhollow Rd, Ste 406,
         Melville, NY 11747, Phone: 631-367-7263, E-mail:
         drosenfeld@lerachlaw.com or srudman@lerachlaw.com


AVERY DENNISON: Continues to Face Label Stock Antitrust Lawsuits
----------------------------------------------------------------
Avery Dennison faces several class actions filed on behalf of
indirect purchasers of label stock in various state courts.  The
suits also name as defendants, UPM-Kymmene and UPM's subsidiary
Raflatac.

On May 21, 2003, The Harman Press filed in the Superior Court
for the County of Los Angeles, California, a purported class
action on behalf of indirect purchasers of label stock, seeking
treble damages and other relief for alleged unlawful competitive
practices.  Three similar complaints were filed in various
California courts.  In November 2003, on petition from the
parties, the California Judicial Council ordered the cases be
coordinated for pretrial purposes.  The cases were assigned to a
coordination trial judge in the Superior Court for San Francisco
County on March 30, 2004.

On May 21, 2003, The Harman Press filed in the Superior Court
for the County of Los Angeles, California, a purported class
action on behalf of indirect purchasers of label stock, seeking
treble damages and other relief for alleged unlawful competitive
practices.  Three similar complaints were filed in various
California courts.  In November 2003, on petition from the
parties, the California Judicial Council ordered the cases be
coordinated for pretrial purposes.  The cases were assigned to a
coordination trial judge in the Superior Court for San Francisco
County on March 30, 2004.

A further similar complaint was filed in the Superior Court for
Maricopa County, Arizona on November 6, 2003.  Plaintiffs
voluntarily dismissed the Arizona complaint without prejudice on
October 4, 2004.

On January 21, 2005, American International Distribution
Corporation filed a purported class action on behalf of indirect
purchasers in the Superior Court for Chittenden County, Vermont.
Similar actions were filed by Webtego on February 16, 2005, in
the Court of Common Pleas for Cuyahoga County, Ohio, and by D.R.
Ward Construction Co. on February 17, 2005, in the Superior
Court for Maricopa County, Arizona. On February 17, 2005, Judy
Benson filed a purported multi-state class action on behalf of
indirect purchasers in the Circuit Court for Cocke County,
Tennessee.


AVERY DENNISON: Pamco Tape Drops Antitrust Lawsuit V. UPM Merger
----------------------------------------------------------------
Pamco Tape & Label voluntarily dismissed a class action it filed
against Avery Dennison Corporation, Bemis Co., Inc., UPM-Kymmene
and UPM's subsidiary Raflatac, on behalf of direct purchasers in
California of self-adhesive label stock.

The suit, filed in June 2005, seeking actual damages and other
relief for alleged unlawful competitive practices, related to
the proposed merger of UPM-Kymmene (UPM) and the Morgan
Adhesives (MACtac) division of Bemis Co., Inc. (Bemis).  The
suit is similar to the Department of Justice's complaint, which
alleges that in certain aspects of the label stock industry "the
competitors have sought to coordinate rather than compete."


AVERY DENNISON: Faces Lawsuit For ERISA Violations in C.D. CA
-------------------------------------------------------------
Avery Dennison Corporation faces a class action filed in the
United States District Court for the Central District of
California, alleging violations of the Employee Retirement
Income Security Act (ERISA).  The suit also names as defendants
its chief executive officer Philip M. Neal, Karyn Rodriguez (VP
and Treasurer) and James Bochinski (VP, Compensation and
Benefits).

Ronald E. Dancer filed the suit on May 18, 2005, alleging
breaches of fiduciary duty under ERISA to the Company's Employee
Savings Plan and Plan participants. The plaintiff alleges, among
other things, that permitting investment in and retention of
Company Common Stock under the Plan was imprudent because of
alleged anticompetitive activities by the Company, and that
failure to disclose such activities to the Plan and participants
was unlawful. Plaintiff seeks an order compelling defendants to
compensate the Plan for any losses and other relief.  The
parties have stipulated to transfer the case to the judge in the
consolidated case, "In Re Avery Dennison Corporation Securities
Litigation" referenced above.

The suit is styled "Ronald Dancer v. Avery Dennison Corporation
et al., case no. 2:05-cv-03708-NM-FMO," filed in the United
States District Court for the Central District of California,
under Judge Nora M. Manella.  Representing the plaintiffs are:

     (1) Wayne T. Boulton, Robert A. Izard, Andrew M. Schatz,
         Schatz and Nobel, 20 Church Street, 17th Floor,
         Hartford, CT 06103, Phone: 860-493-6292, E-mail:
         wboulton@snlaw.net or firm@snlaw.net

     (2) Michael D. Braun, Marc L. Godino, Braun Law Group,
         12400 Wilshire Boulevard, Suite 920, Los Angeles, CA
         90025, Phone: 310-442-7755, E-mail:
         service@braunlawgroup.com

     (3) Joseph Gentile, Ronnen Sarraf, Sarraf Gentile, 485
         Seventh Avenue, New York, NY 10018, Phone: 212-868-
         3610, E-mail: ronen@sarrafgentile.com


BIOVAIL CORPORATION: Suit Alleges That Company Misled Investors
---------------------------------------------------------------
A class action lawsuit was launched against Biovail Corporation
in Ontario Superior Court of Justice, alleging that the drug
maker made a "series of false and materially misleading
statements" about its business and financial position between
February 7, 2003, and March 3, 2004, The Globe and Mail reports.

In a statement of claim, the Canadian Commercial Workers
Industry Pension Plan said it sustained losses of about $481,000
from a series of stock purchases during the 13-month period
because it relied on statements made by the company and four
executives.  Though none of the allegations have been proven in
court, the suit seeks $100-million in damages and named former
chairman and chief executive officer Eugene Melnyk, senior vice-
president Brian Crombie, and vice-presidents John Miszuk and Ken
Howling as defendants.

In its statement of claims, the pension plan revealed that it
purchased a total of 231,000 shares of Biovail in six
transactions on the Toronto Stock Exchange in August and October
of 2003 at prices ranging from $55.09 in August to $33.93 in
October. It also sold 5,200 shares at $31.42 a share in October
2003.  Additionally, the plan said in its statement of claim
that Biovail's stock price in 2003 and early 2004 depended on
two drugs: hypertensive Cardizem LA, which was launched on April
2, 2003, and antidepressant Wellbutrin XL, which was launched in
the third quarter of 2003.

However, sales of Cardizem LA failed to achieve forecast levels,
and in the third quarter of 2003, the company posted an 83-per-
cent drop in profit, well below an earlier warning, which was
prompted by a trucking accident and the value of Wellbutrin XL
lost in the crash. Biovail's fourth-quarter financial results
also fell short of expectations. As a result, the company was
also hit by several class action claims in the United States.


CALIFORNIA: Men Launch Suit V. City Over Public Strip Searches
--------------------------------------------------------------
Three men who say Oakland police conducted strip searches of
them in public for no reason filed a federal class action
lawsuit against the city of Oakland, The Associated Press
reports.

In their suit, Darnell Foster, Rafael Duarte and Yancie Young
claimed that officers exposed and inspected their buttocks on
busy Oakland streets in separate incidents from 2003 to 2005.
According to the suit, an officer exposed Mr. Duarte's buttocks
near 62nd and Baker streets in North Oakland nearly a year after
an outside report highlighted problems with strip searches by
Oakland police.


CARDSYSTEMS SOLUTIONS: Judge Rejects Request to Notify Consumers
----------------------------------------------------------------
A San Francisco judge rejected a request that Visa and
MasterCard be required to notify consumers whose personal
information were exposed to potential fraud in a highly
publicized security breakdown at CardSystems Solutions Inc., one
of the nation's largest payment processors, The Consumer Affairs
reports.

As he refused to issue an order requiring the credit card
associations to inform customers vulnerable to identity theft
because of the data theft, San Francisco Superior Court Judge
Richard Kramer stated, "I don't see the emergency." In addition,
Judge Kramer also said that he did not see "an immediate threat
of irreparable injury."

Initially disclosed by MasterCard three months ago, the breach,
which according to the Privacy Rights Clearinghouse, was the
largest of more than 70 consumer information security breaches
reported in the past seven months, exposed up to 40 million
credit and debit card accounts to potential abuse between August
2004 and May 2005, an earlier Class Action Reporter story
(September 26, 2005) reports.

The order had been sought under a pioneering state law that
requires consumers to be alerted whenever personal information
stored on computers is lost, stolen or breached.  The ruling was
a major setback for a class action suit filed on behalf of
California consumers by attorney Ira Rothken of San Rafael.

The lawsuit alleges that Cardsystems Solutions, Merrick Bank,
Visa and MasterCard have violated their duty to timely and
properly inform consumers of the nature and degree of the
alleged security breach. The suit claims that these violations
constitute "unfair, unlawful and deceptive business practices"
under California's Unfair Competition Law.

Visa and MasterCard argued that the responsibility of notifying
the consumers of the breach should fall to the banks that
administer the accounts since neither credit card association
has direct relationships with the affected customers, an earlier
Class Action Reporter story (September 26, 2005) reports.

Additionally, the associations pointed out that consumers face
little financial risk because of the cards' zero liability
policy in fraud cases. Under federal law, credit card holders
are liable for no more than $50 of unauthorized charges, and
many card issuers will waive the $50 in circumstances such as
these. They also pointed out that the chances of identity theft
are minimal since customers' Social Security numbers and home
addresses were not exposed in the CardSystems breech.

The associations argued that if customers were told their
account information had been stolen, they might request new
cards, at a cost to Visa and MasterCard of about $35 per
customer.  MasterCard's attorney further argued that customers
had already been notified by the widespread publicity given to
the mid-June disclosure of the security breech.

For more details, visit http://www.techfirm.com/cardsystems.pdf.
The suit is styled, Eric Parke, et al. v. CardSystems Solutions,
Inc., Case No. CGC-05-442624, which is pending in the Superior
Court of the State of California, County of San Francisco. Ira
P. Rothken of the Rothken Law Firm, 1050 borthgate Dr., Suite
520, San Rafael, CA 94903, Phone: (415) 924-4250, Fax: (415)
924-2905; and Stan S. Mallison and Hector R. Martinez of the law
Offices of Mallison & Martinez, 1042 Brown Ave., Suite A,
Lafayette, CA 94549, Phone: (925) 283-3842, Fax: (925) 283-3426,
are representing the Plaintiff/s.


CENTENNIAL COMMUNICATIONS: Faces Unfair Trade Practices Lawsuits
----------------------------------------------------------------
Centennial Communications Corporation faces several lawsuits in
which plaintiffs have alleged, depending on the case, breach of
contract, misrepresentation or unfair practice claims relating
to its billing practices, including rounding up of partial
minutes of use to full-minute increments, billing send to end,
and billing for unanswered and dropped calls.  The plaintiffs in
these cases have not alleged any specific monetary damages and
are seeking certification as a class action.

A hearing on class certification in one of these cases was held
on September 2, 2003 in a state court in Louisiana. Subsequent
to such hearing, a new judge was assigned to the case and the
plaintiffs renewed their motion seeking class action status in
December 2004.  The decision of the court with respect to class
certification is still pending.


CERNER CORPORATION: Appeals Court Mulls Appeal of Suit Dismissal
----------------------------------------------------------------
The United States Eighth Circuit Court of Appeals has yet to
rule on plaintiffs' appeal of the dismissal of the consolidated
securities class action filed against Cerner Corporation and
five of its officers.

In April 2003, several class actions were filed in the United
States District Court for the Western District of Missouri. All
of these lawsuits were filed after a decline in the Company's
stock price following the Company's announcement on April 3,
2003 that the Company would not meet revenue and earnings
estimates for the first quarter of 2003.

On August 20, 2003, the Court ordered that all of the lawsuits
be consolidated under Case No. 03-CV-00296-DW and appointed Phil
Crabtree as Lead Plaintiff.  On December 1, 2003, the Lead
Plaintiff filed a Consolidated Class Action Complaint.  In
general, the consolidated complaint alleges that, during a class
period commencing as of July 17, 2002 and ending April 2, 2003,
the Company and individually named defendants misrepresented or
failed to disclose certain factors, which they allege impacted
the Company's business and anticipated revenue and earnings, all
allegedly in violation of Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5 thereunder.

On June 16, 2004 the Court granted the Company's and the
individual defendants' Motion to Dismiss and ordered the
Consolidated Class Action Complaint dismissed with prejudice
against re-filing.  On June 30, 2004, the Lead Plaintiff
appealed the District Court's dismissal of the action to the
United States Court of Appeals for the Eighth Circuit. The
parties filed their appellate briefs and the issues were argued
before the Eighth Circuit on January 13, 2005. The matter is now
submitted to the Eighth Circuit for decision but the Company
does not know when the Court of Appeals will rule on the appeal.

The suit is styled "Campagnuola v. Cerner Corporation et al.,
case no. 4:03-cv-00296-DW," filed in the United States District
Court for the Western District of Missouri, under Judge Dean
Whipple.  Representing the Company are Theresa L. Davis, David
H. Kristenbroker and Pamela G. Smith of Katten, Muchin &
Rosenman, LLP, 525 West Monroe Street, Chicago, IL 60661-3693,
Phone: (312) 902-5206, Fax: (312)577-4725, E-mail:
theresa.davis@kmzr.com.   Representing the plaintiffs are:

     (1) James M. Evangelista, Chitwood Harley Harnes LLP, 1230
         Peachtree St., N.E., Suite 2300, Atlanta, GA 30309,
         Phone: (404) 607-6871, Fax: (404)876-4476, E-mail:
         jevangelista@chitwoodlaw.com

     (2) Stuart J. Guber, 2300 Promenade II, 1230 Peachtree
         Street, NE, Atlanta, GA 30309, Phone: 404-873-3900

     (3) Don R. Lolli, Dysart Taylor Lay Cotter & McMonigle, PC,
         4420 Madison Avenue, Kansas City, MO 641111, Phone:
         (816)931-2700, Fax: (816)931-7377, E-mail:
         dlolli@dysarttaylor.com


DUDUESNE LIGHT: Reaches $12M Securities Fraud Settlement in PA
--------------------------------------------------------------
DQE, which is now known as Duquesne Light Holdings, Inc. and a
group of shareholders reached a tentative $12 million settlement
of a securities fraud class action lawsuit, The Scranton Times
reports.

The investors alleged that the company and former chairman,
president and chief executive officer David Marshall made false
or misleading statements about the company's finances and
outlook.

Under the settlement, shareholders who bought more than 11
million shares between December 6, 2000, and April 30, 2001,
will each receive about $1.07 per share. A hearing has been
scheduled for October 7 in U.S. District Court for final
approval of the settlement.

The suit is styled, In re DQE, Inc. Securities Litigation,
Master File No. 01-1851 (WLS), which is pending in the United
States District Court for the Western District of Pennsylvania.
Richard H. Weiss, Esq. of Milberg Weiss Bershad & Schulman, LLP,
One Pennsylvania Plaza, New York, NY 10119-0165, Phone:
212-594-5300; James E. Tullman, Weiss & Lurie, 551 Fifth Avenue,
Suite 1600, New York, NY 10176, Phone: (212) 682-3025 or
1-800-437-7918, Fax: 212-682-3010, E-mail: wyinfo@wyca.com; and
J. Allen Carney of Cauley Bowman Carney & Williams, PLLC, 11311
Arcade Drive, Little Rock, AR 72212, Phone: (501) 312-8500 or
(888) 551-9944, Fax: (501) 312-8505, are representing the
Plaintiff/s. Joseph N. Sacca, Esq. of Skadden, Arps, Slate,
Meagher & Flom, LLP, Four Times Square, New York, NY 10036,
Phone: 212-735-2358, Fax: 917-777-2358, E-mail:
jsacca@skadden.com, represents the Defendant.


FINOVA CAPITAL: Enters Mediation For SC Thaxton Entities Suits
--------------------------------------------------------------
FINOVA Capital Corporation entered court mediation for the
lawsuits filed against it over its loan to The Thaxton Group,
Inc. and several related entities in the United States District
Court for the District of South Carolina.

Under its loan agreement, FINOVA has a senior secured loan to
the Thaxton Entities of approximately $108 million at September
30, 2004.  The Thaxton Entities were declared in default under
their loan agreement with FINOVA after they advised FINOVA that
they would have to restate earnings for the first two fiscal
quarters of 2003, and had suspended payments on their
subordinated notes.  As a result of the default, FINOVA
exercised its rights under the loan agreement, and accelerated
the indebtedness.  The Thaxton Entities then filed a petition
for bankruptcy protection under Chapter 11 of the federal
bankruptcy code in the United States Bankruptcy Court for the
District of Delaware on October 17, 2003, listing assets of
approximately $206 million and debts of $242 million.

The first lawsuit, a complaint captioned "Earle B. Gregory, et
al, v. FINOVA Capital Corporation, James T. Garrett, et al.,"
was filed in the Court of Common Pleas of Lancaster County,
South Carolina, case no. 2003-CP-29-967, and was served on
FINOVA on October 17, 2003.  An amended complaint was served on
November 5, 2003, prior to the deadline for FINOVA to answer,
plead, or otherwise respond to the original complaint.  The
Gregory action was properly removed to the United States
District Court for the District of South Carolina on November
17, 2003, pursuant to 28 U.S.C.  1334 and 1452.  The
plaintiffs filed a motion to remand the case to state court, but
the U.S. District Court denied this motion in an order dated
December 18, 2003.

The second Thaxton-related complaint, captioned "Tom Moore, Anna
Nunnery, et al., v. FINOVA Capital Corporation, Moore & Van
Allen PLLC, and Cherry, Bekaert & Holland LLP, case No. 8:03-
372413 ("Moore")," was filed in the United States District Court
for the District of South Carolina on November 25, 2003, and was
served on FINOVA on December 2, 2003.  The third complaint,
captioned "Sam Jones Wood and Kathy Annette Wood, et al., v.
FINOVA Capital Corporation, Moore & Van Allen PLLC, and Cherry,
Bekaert & Holland LLP," was filed in the Superior Court for
Gwinnett County, Georgia, case no. 03-A13343-B, and was served
on FINOVA on December 9, 2003.  FINOVA properly removed the Wood
action to the United States District Court for the Northern
District of Georgia (Atlanta Division) on January 5, 2004.  The
fourth complaint, captioned "Grant Hall and Ruth Ann Hall, et
al., v. FINOVA Capital Corporation, Moore & Van Allen PLLC, and
Cherry, Bekaert & Holland LLP, case no. 03CVS20572,"
("Hall") was filed in the Mecklenberg County, North Carolina,
Superior Court, and was also served on FINOVA on December 9,
2003.  FINOVA properly removed the Hall action to the United
States District Court for the Western District of North Carolina
(Charlotte Division) on January 5, 2004.  The fifth complaint,
captioned "Charles Shope, et al., v. FINOVA Capital Corporation,
Moore & Van Allen PLLC, and Cherry, Bekaert & Holland LLP, case
No. C 204022 ("Shope")," was filed in the United States District
Court for the Southern District of Ohio, Eastern Division, and
was served on FINOVA on January 13, 2004.

Each of the five Thaxton-related lawsuits are styled as class
actions, purportedly brought on behalf of certain defined
classes of people who had purchased subordinated notes from the
Thaxton Entities.  The complaints by the subordinated
noteholders allege claims of fraud, securities fraud, and
various other civil conspiracy and business torts in the sale of
the subordinated notes.  Each of the complaints seeks an
unspecified amount of damages, among other remedies.  In
addition to FINOVA, the complaints each name as co-defendants
Thaxton's accountants and attorneys, and in the Gregory case,
several officers of the Thaxton Entities.

Upon motion by FINOVA to the United States Judicial Panel for
MultiDistrict Litigation (Docket 1612), all five Thaxton-related
actions were transferred on June 18, 2004 to the United States
District Court for the District of South Carolina for
coordinated pre-trial proceedings.  A court-ordered mediation
regarding the securities litigation was held the first week of
August 2005. No resolution of the litigation was realized at the
meeting.


GTC BIOTHERAPEUTICS: PA Court Certifies Shareholder Fraud Suit
--------------------------------------------------------------
The Court of Common Pleas for Philadelphia County, Pennsylvania
granted class certification to the lawsuit filed against GTC
Biotherapeutics, Inc. by two employees of one of its former
subsidiaries, seeking damages, declaratory relief and
certification of a class action relating primarily to their GTC
stock options.

The claims arose as a result of the sale of Primedica
Corporation to Charles River Laboratories International, Inc. in
February 2001, which the Company believe resulted in the
termination of Primedica employees' status as employees of GTC
or its affiliates and the termination of their stock options.
The plaintiffs contend that the sale of Primedica to Charles
River did not constitute a termination of their employment with
the Company or its affiliates for purposes of our equity
incentive plan and, therefore, that the Company breached its
contractual obligations to them and other Primedica employees
who had not exercised their stock options.  The complaint
demands damages in excess of $5 million, plus interest.

The Court has certified the case as a class action, with the
class including employees of Primedica who, at the time GTC sold
it, had GTC options that had not been exercised.  The Company
filed an answer denying all material allegations in the
complaint, and is vigorously defending the case.


HORIZON HEALTH: Faces Overtime Wage Lawsuit in CA State Court
-------------------------------------------------------------
Horizon Health Corporation is a party to a lawsuit styled
"Jeanine Phillips, on behalf of herself and all others
simultaneously situated v. ProCare One Nurses, LLC, Obstetrical
Nurses, Inc. and Horizon Health Corporation, Case Number
030000425," pending in the Superior Court of the State of
California for the County of Orange.

The complaint alleges various violations of California wage and
hour laws and seeks the recovery of substantial amounts for
wages, fines, penalties and attorneys fees. The case is filed as
a private attorney general action under Section 17200 of the
California Business and Profession Code. The Company considers
that it is entitled to indemnity from Obstetrical Nurses, Inc.,
a predecessor to ProCare One Nurses, LLC for liability relating
to a portion of the claims and has asserted a claim for
Indemnity in a separate lawsuit. The parties are engaged in
discovery proceedings.  The case is filed as a class action, but
the court has not yet ruled on a motion for class certification.


ILLINI CORPORATION: Ousted Trial Attorney To Appeal IL Suit Pact
----------------------------------------------------------------
The removed trial attorney from the shareholder class action
filed against Illini Corporation and the Illinois Stock Transfer
Company, as the Company's rights agent, intends to appeal the
approval granted to the settlement of the litigation to Illinois
Supreme Court.

The first case was filed in 1998 by an Illini Corporation
against Illinois Stock Transfer Company, as Rights Agent for the
Company under the Company's Shareholder Rights Agreement, for
specific performance of the Rights Agreement, on behalf of the
plaintiff individually and on behalf of a class of shareholders.
The complaint alleged that the Rights Agreement was triggered in
April of 1998, and that the Rights Agent had a duty under the
Rights Agreement to distribute Rights Certificates to the
Company's shareholders.  The Company was named as a defendant in
1999 and the class was certified.  Plaintiff was seeking to
recover attorneys' fees from the Corporation in addition to
other relief.

In January of 2000, the trial court entered summary judgment in
favor of the Company and the Rights Agent.  Plaintiff appealed
this ruling to the Illinois Appellate Court.  The Appellate
Court reversed the order granting summary judgment for
defendants and remanded the case for trial on the issue of
whether the Company's Board of Directors acted in good faith in
determining that a shareholder's acceptance of a gift of the
Company's Stock did not trigger the Rights Agreement, and in the
Company's later amendment of the Rights Agreement.  The
Appellate Court further ruled that plaintiff's attorney's fees
were recoverable under the Rights Agreement.  After a series of
unsuccessful motions filed by the Plaintiff's counsel, the
Company filed a motion to remove the Plaintiff's attorney.  The
court removed the attorney for the Plaintiff class and appointed
new counsel to represent the class.  The removed counsel filed a
motion for reconsideration, which was denied.

The new counsel filed a motion for direction to remove the class
representative, which was granted on January 15, 2003.  On March
7, 2003 the trial court appointed a successor class
representative. The Company has negotiated a settlement of the
suit with the new class representative and class counsel.  The
terms of that settlement have been agreed upon and approved by
the court following a fairness hearing.  That agreement provides
for a complete resolution of the shareholder claims and a
portion of the claims for attorney fees for the class
representative.

The removed attorney, representing the removed class
representative, appealed various rulings of the trial court,
including the order approving the settlement as fair to the
class.  That appeal was argued before the Appellate Court of
Illinois, Fourth District on April 13, 2005, and the Appellate
Court subsequently affirmed the settlement as fair to the class
and also affirmed the trial court's disqualification of the
removed attorney.  The removed attorney has indicated that he
intends to seek review of the Appellate Court's decision with
the Illinois Supreme Court. Whether or not the Illinois Supreme
Court grants review is a matter for that Court's discretion.

The removed attorney is also petitioning the trial court for
fees.  The court will also be asked to deny the fee request
filed by the attorney for the original class representative.
The court has scheduled the fee petition for hearing on November
8, 2005 at 9:30 a.m.


ILX RESORTS: AZ Court OKs Unfair Trade Practices Suit Settlement
----------------------------------------------------------------
The Superior Court of Arizona In and For the County of Coconino
granted final approval of a Settlement Agreement between ILX
Resorts, Inc., its Sedona Vacation Club and Premiere Vacation
Club businesses and the putative class action plaintiffs in
litigation originally filed in September 2003.

Two individuals filed the suit, claiming damages for deceptive
and abusive practices on behalf of a purported class of
purchasers of vacation ownership interests.  The Company, Sedona
Vacation Club and Premiere Vacation Club received amended
complaints in May and June 2004. In both instances, named
plaintiffs were added and deleted.  The amended complaints are
considerably more narrow in scope than the initial complaint.
The suit alleges claims for breach of the Arizona Consumer Fraud
Act, the Arizona Real Estate Timeshare Act, breach of contract
and unjust enrichment.  Plaintiffs seek to have their claims
certified for class action treatment.  The Company responded to
the complaint, asserted counterclaims and filed certain motions
in May 2004 and filed a disclosure statement in July 2004.


LATTICE SEMICONDUCTOR: Plaintiffs File Consolidated Suit in OR
--------------------------------------------------------------
Plaintiffs filed a consolidated amended securities class action
in the United States District Court for the District of Oregon
against Lattice Semiconductor Corporation, its Chief Executive
Officer Cyrus Y. Tsui, and its President Stephen A. Skaggs.

Several complaints were filed on behalf of a putative class of
investors who purchased the Company's stock between April 22,
2003 and April 19, 2004.  They generally allege violations of
federal securities laws arising out of the Company's previously
announced restatement of financial results for the first,
second, and third quarters of 2003.

Consistent with the usual procedures for cases of this kind,
these cases were amended and consolidated into a single action.
In such amended and consolidated complaint filed January 27,
2005, the Company's former President and its former Controller
were added as defendants.

In September and October 2004, two shareholder derivative
complaints were filed, purportedly on behalf of the Company, in
the Circuit Court of the State of Oregon for the County of
Washington, against all of its current directors, certain former
directors, and certain executive officers.  The derivative
plaintiffs make allegations substantially similar to those in
the putative class action complaints, as well as allegations of
breach of fiduciary duty, abuse of control, gross mismanagement,
waste of corporate assets, and unjust enrichment.

The suits are pending in the United States District Court in
Oregon under Judge Dennis J. Hubel, styled:

     (1) Autumn Partners, LLC v. Lattice Semiconductor
         Corporation et al, 3:04-cv-01255-HU

     (2) Marcano v. Lattice Semiconductor Corporation et al,
         3:04-cv-01533-HU

     (3) Pfeiffer v. Lattice Semiconductor Corp. et al, 3:04-cv-
         01429-HU

The plaintiff firms in this litigation are:

     (i) Berman, DeValerio, Pease, Tabacco Burt & Pucillo (MA),
         One Liberty Square, Boston, MA, 2109, Phone:
         617.542.8300, Fax: 617.230.0903, E-mail:
         info@bermanesq.com

    (ii) Goodkind Labaton Rudoff & Sucharow LLP, 100 Park
         Avenue, New York, NY, 10017, Phone: 212.907.0700, (fax)
         212.818.0477, info@glrslaw.com

   (iii) Paskowitz & Associates, Phone: 800.705.9529, E-mail:
         classattorney@aol.com

    (iv) Shepherd, Finkelman, Miller & Shah, LLC, Phone:
         877.891.9880, E-mail: jshah@classactioncounsel.com

Lawyers for the defendants are:

     (a) Barnes H. Ellis, Stoel Rives LLP, 2600 Standard
         Insurance Center, 900 SW Fifth Avenue, Portland, OR
         97204, Phone: (503) 294-9243, Fax: (503) 220-2480, E-
         mail: bhellis@stoel.com

     (b) Robert E.L. Bonaparte, Shenker & Bonaparte, LLP, One SW
         Columbia Street, Suite 475, Portland, OR 97258, Phone:
         (503) 242-0005 Fax: (503) 323-7360 E-mail:
         attorneys@bb-law.net


LOUISIANA: Attorneys Sue Oil Firms, Blames Them For Devastation
---------------------------------------------------------------
Val P. Exnicios of the New Orleans law firm of Liska, Exnicios &
Nungesser, and Conrad S.P. "Duke" Williams of the New Orleans
law firm of St. Martin & Williams, initiated a class action
lawsuit against a number of major oil companies that they say
are actually responsible for Hurricane Katrina's devastation of
New Orleans.

The lawsuit, filed in the United States District Court For The
Eastern District of Louisiana, which is temporarily operating
out of Lafayette, Louisiana and Houma, Louisiana, alleges that
the major oil companies' oil, gas and pipeline exploration and
drilling activities throughout Southeast Louisiana resulted in
ecological damages to such an extent that coastal marshes were
destroyed which previously had protected New Orleans naturally
from Katrina level hurricane force winds and tidal surges.

The named defendants in the suit include: Columbia Gulf
Transmission Co.; Koch Pipeline Company, L.P.; Gulf South
Pipeline Company, LP; Shell Pipeline Company LP; Tennessee Gas
Pipeline Co.; Transcontinental Gas Pipeline Corporation; Shell
Oil Co.; ExxonMobil Corporation; Exxon Mobil Corporation;
Chevron Corporation; and BP Corporation N.A., Inc.

The suit, allotted to USDC-ED Louisiana Chief Judge Ginger
Berrigan (case # 05-4161) alleges that over one million acres of
marshlands in Southeast Louisiana were completely destroyed and
have virtually disappeared, and many more millions acres are
essentially non-existent, primarily because of the major oil
companies' oil & gas exploration and drilling activities in
Southeast Louisiana.

"Everyone has been talking about the failures of the state,
local and federal governments in the wake of Hurricane Katrina,"
Mr. Exnicios explained. "We believe it's the right time to
pinpoint who's essentially responsible for the devastation
caused by Katrina in the first place -- the major oil and gas
companies, who haphazardly dredged thousands of miles of
exploration and drill site canals throughout South Louisiana to
extract oil and gas.

"Their years of negligence and callous indifference to the
marshland ecology led to Katrina's disastrous consequence. These
companies together destroyed over 100 miles of terra firma
between the mouth of the Mississippi River and the City of New
Orleans, and its time now for a just reckoning of the
devastating outcome of their quest for profits over the safety
of the people and destruction of property in New Orleans."

Mr. Exnicios said that thousands of miles of pipeline and
drilling rig location canals were dredged throughout
southeastern Louisiana in the 100 miles between the mouth of the
Mississippi River and New Orleans. Before the 1930s and 40s when
"Big Oil" began dredging the thousands of their canals that
today crisscross the Mississippi River Delta, the coastal
marshlands provided an almost 100-mile natural barrier between
the Gulf of Mexico and the City of New Orleans.

The lawsuit alleges that the oil companies "failed to maintain
canals which caused damage to the stability and ecological
functions of the marsh property, leading to physical removal of
marsh terrain, the creation of spoil banks and impairment of
natural ebb and flow of tidal water."

"The fact is that before Katrina, the City of New Orleans had
already become 'Gulf-front' property," Mr. Exnicios said.
"Today, the waters of the Gulf of Mexico flood New Orleans."

Plaintiffs seek to represent the interests of all Hurricane
Katrina victims in the State of Louisiana.

For more details, contact Val P. Exnicios, Esq. or Amy Boyle of
Liska, Exnicios & Nungesser, Phone: (318) 256-0583,
(318) 332-7858 (cell) or +1-770-650-6388, ext. 103; and "Duke"
Williams, Esq. of St. Martin & Williams, Phone: 1-800-256-1533.


NASHUA CORPORATION: Court Mulls Summary Judgment, Certification
---------------------------------------------------------------
The Circuit Court of Cook County, Illinois has yet to decide on
the motions for summary judgment and class certification for the
consolidated class action filed against Nashua Corporation,
Cerion Technologies, Inc., certain directors and officers of
Cerion, and the Company's underwriter, on behalf of all persons
who purchased the common stock of Cerion between May 24, 1996
and July 9, 1996.

The amended consolidated complaint alleged that, in connection
with Cerion's initial public offering, the defendants issued
materially false and misleading statements and omitted the
disclosure of material facts regarding, in particular, certain
significant customer relationships.  In October 1997, the court
on motion by the defendants dismissed the consolidated
complaint.  The plaintiffs filed a second amended consolidated
complaint alleging similar claims as the first consolidated
complaint seeking damages and injunctive relief.

On May 6, 1998, the Court, on motion by the defendants,
dismissed with prejudice the second amended consolidated
complaint.  The plaintiffs appealed the Court's ruling.  On
November 19, 1999, the Appellate Court reversed the ruling that
dismissed the second amended consolidated complaint.  The
Appellate Court ruled that the second amended consolidated
complaint represented a valid claim and sent the case back
to the Circuit Court for further proceedings.

On December 27, 1999, the Company filed a petition with the
Supreme Court of Illinois.  In that petition, the Company asked
the Supreme Court of Illinois to determine whether the Circuit
Court or the Appellate Court is correct.  The Company's petition
was denied and the case was sent to the Circuit Court for trial.
Discovery has been completed, but no date has been set for trial
and pre-trial motions.  On October 8, 2003, the Court heard
motions on a Summary Judgment motion and a class action
certification motion.  No ruling has been made.  The Company
said in a regulatory filing that it expects the court will issue
rulings on the motion in the third quarter of 2005.

The suit is styled "ILL Student Assist v. Nashua Corporation, et
al., case no. 1994-M1-146053," filed in the Circuit Court of
Cook County, Illinois, under Judge Robert Quinn.  Representing
the plaintiffs is WEXLER & WEXLER, 500 W. Madison #2910,
Chicago, IL 60661, Phone: (312) 474-1000.


NORTH CAROLINA: Settlement Proposed For Tobacco Farmers' Suit
-------------------------------------------------------------
Tobacco growers will share at least $50 million that was held
for decades by a tobacco cooperative formed to run the
discontinued tobacco price support system in a proposed
settlement to a lawsuit pending in Wake County Superior Court in
North Carolina, The Associated Press reports.

The suit, filed by the tobacco farmers on behalf of all current
and former members of the Raleigh-based Flue-Cured Tobacco
Cooperative Stabilization Corporation since it was created in
1946, seeks class action status as well as payment of dividends
to members from more than $240 million in stockholder equity the
cooperative accumulated over the years.

Court records show that the cooperative bought tobacco from
growers of flue-cured tobacco in Virginia, North Carolina, South
Carolina, Georgia and Florida who could not sell their crop to
major cigarette-makers or leaf dealers. It was trying to
reinvent itself as a leaf-dealer, marketer and cigarette maker.
In their suit, the farmers argued that with the end of the
federal price-support system, the cooperative wasn't needed and
had become a self-perpetuating bureaucracy. They sought for
either a distribution of the cooperative's assets or its
dissolution.

According to a prepared statement by the cooperative, the
proposed settlement would create a fund of at least $50 million
and allow the cooperative to continue, among other elements. The
fund would come from selling tobacco ceded to the cooperative by
the U.S. Agriculture Department when the federal price support
program ended last year. "I just can't say what the maximum will
be," Arnold Hamm, general manager of the cooperative, tells The
Associated Press.

Attorneys for the farmers though told The Associated Press that
they faced a difficult battle in court. In a press statement,
attorney William Robert Cherry Jr. even stated, "The settlement
will distribute money to farmers that is not necessarily for
stabilization's ongoing efforts, and will provide protection and
certainty for members in the event the coop is dissolved in the
future."

The proposed settlement requires approval from plaintiffs and a
judge. But in the event that the court grants preliminary
approval to the deal, a final hearing would be scheduled about
60 days later. During those 60 days, plaintiffs can opt out of
the settlement or object to it.


ORANGE 21: Shareholders Launch Investor Fraud Suits in S.D. CA
--------------------------------------------------------------
Orange 21, Inc., its directors and certain of its officers face
two stockholder class action lawsuits filed in the United States
District Court for the Southern District of California. The
complaints purport to seek unspecified damages on behalf of an
alleged class of persons who purchased the Company's common
stock pursuant to the registration statement filed in connection
with the Company's public offering of stock on December 14,
2004.

The complaints allege that the Company and its officers and
directors violated federal securities laws by failing to
disclose in the registration statement material information
about the status of its European operations and whether certain
of the Company's products infringe on the intellectual property
rights of Oakley, Inc.  The Company has not yet formally
responded to this action and no discovery has been conducted.


PENTAIR INC.: Working To Settle M/V Horizon Disease Litigation
--------------------------------------------------------------
Pentair Inc. continues to work on the resolution of all
litigation filed against Essef Corporation, which it acquired in
August 1999, and certain of Essef's subsidiaries, relating to
the Legionnaire's disease infections on the M/V Horizon from
December 1993 through July 1994.

The Company faces twenty-eight separate lawsuits involving 29
primary plaintiffs, a class action, and claims for indemnity by
Celebrity Cruise Lines, Inc. (Celebrity), alleging that
Celebrity sustained economic damages due to loss of use of the
M/V Horizon while it was dry-docked.

The claims against the Company and its involved subsidiaries
were based upon the allegation that the Company designed,
manufactured, and marketed two sand swimming pool filters that
were installed as a part of the spa system on the Horizon, and
allegations that the spa and filters contained Legionnaire's
disease bacteria that infected certain passengers on cruises
from December 1993 through July 1994.

The individual and class claims by passengers were tried and
resulted in an adverse jury verdict finding liability on the
part of the Essef defendants (70%) and Celebrity and its sister
company, Fantasia (together 30%).  After exhaustion of post-
trial appeals, the Company paid all outstanding punitive damage
awards of $7.0 million in the Horizon cases, plus interest of
approximately $1.6 million in January 2004.  The company had
reserved for the amount of punitive damages awarded at the time
of the Essef acquisition. A reserve for the $1.6 million
interest cost was recorded in 2003.

All of the personal injury cases have now been resolved through
either settlement or trial.  The only remaining unresolved
claims in this case are those brought by Celebrity Cruise Lines,
Inc. for damages resulting from the outbreak. Celebrity filed an
amended complaint seeking attorney fees and costs for prior
litigation as well as out-of-pocket losses, lost profits, and
loss of business enterprise value. Discovery commenced late in
2004, and was completed in August 2005. Celebrity's claims for
damages exceed $185 million, which the Company believes are
excessive and wildly speculative, it stated in a disclosure to
the Securities and Exchange Commission.  Assuming matters of
causation, standing, indemnity and proof are decided against
Essef, its experts believe that damages should amount to no more
than $16 to $25 million.  Dispositive motions in this matter are
due to be filed by the end of August 2005, with trial to be
scheduled after resolution of these motions.


SEITEL INC.: TX Court Approves Shareholder Fraud Suit Settlement
----------------------------------------------------------------
The United States District Court for the Southern District of
Texas approved the settlement for the securities class action
filed against Seitel, Inc. and certain of its former and current
officers and directors, styled "In re Seitel, Inc. Securities
Litigation, case no. No. 02-1566."

Eleven suits were initially filed, alleging violations of
federal securities laws, all of which were consolidated by an
Order entered August 7, 2002.  The court appointed a lead
plaintiff and lead counsel for plaintiffs, who subsequently
filed a consolidated amended complaint, which added the
Company's previous auditors, Ernst & Young LLP, as a defendant.

The consolidated amended complaint alleged that during a
proposed class period of May 5, 2000 through April 1, 2002, the
defendants violated sections 10(b) and 20(a) of the Securities
and Exchange Act of 1934 by overstating revenues in violation of
generally accepted accounting principles. The plaintiffs sought
an unspecified amount of actual and exemplary damages, costs of
court, pre- and post-judgment interest and attorneys' and
experts' fees.

The class representatives and the Debtors have entered into a
memorandum of understanding, which contemplates allowance of a
"class claim" to assert the rights of the class in the Chapter
11 Cases and an ultimate settlement for cash to be funded out of
the Debtors' cash and directors' and officers' insurance
policies. The memorandum of understanding was approved upon
notice and a hearing by order of the Bankruptcy Court dated
December 10, 2003.  The Company funded its portion of the
settlement amount ($980,000) to an escrow account in 2003. The
parties have since finalized their settlement agreement, which
contains terms substantially in accordance with the terms of the
memorandum of understanding. On December 29, 2004, the
Bankruptcy Court granted the Company's motion for approval of
the parties' full settlement agreement.  To complete the
settlement, approvals must be obtained from the District
Court.  On January 5, 2005, the lead plaintiff filed a motion
with the District Court regarding such approval and a hearing
has been set for April 29, 2005.  The hearing has been reset to
May 6,2005. The memorandum of understanding was approved upon
notice and a hearing by order of the Bankruptcy Court dated
December 10, 2003.  By order dated July 29, 2005, the United
States District Court approved the parties' settlement. The
carrier of the Company's directors' and officers' insurance
policies is obligated to timely fund the balance of the
settlement (its portion), in accordance with the terms of the
order.  The action is expected to continue as between the class
representative and Ernst & Young LLP.

The suit is styled "IN re Seitel Inc. Shareholder Litigation,
case no. 4:02-cv-01566," filed in the United States District
Court for the Southern District of Texas, under Judge Vanessa D.
Gilmore.  Representing the plaintiffs are Carl L. Stine of Wolf
Popper LLP, 845 Third Ave New York, NY 10022 Phone: 212-451-9631
Fax: 212-486-2093; and Richard J. Zook of Cunningham Darlow et
al, 600 Travis Ste 1700 Houston, TX 77002 Phone: 713-255-5500
Fax: 713-255-5555.  Representing the Company is Katherine A.
Compton of Greenberg Traurig, 13155 Noel Rd Ste 600 Dallas, TX
75240 Phone: 972-419-1286 Fax: 972-628-4601.


SOURCECORP INC.: Shareholders Commence Fraud Suit in N.D. Texas
---------------------------------------------------------------
Sourcecorp, Inc. faces a consolidated shareholder fraud class
action filed in the United States District Court for the
Northern District of Texas, Dallas Division, styled "In re
Sourcecorp, Inc. Securities Litigation."  The suit also names as
defendants the Company's chief executive officer and its chief
financial officer.

Several putative securities class actions were initially filed,
in response to the Company's press releases dated October 27,
2004, in which the Company disclosed that its financial
statements for certain prior periods should no longer be relied
upon, and also provided updated financial guidance.  The
complaints were filed in the United States District Court for
the Northern District of Texas, Dallas Division, with the first
action being filed November 1, 2004.

The Actions are putative shareholder class action lawsuits
alleging violations of Federal Securities Laws, including
alleged violations of Sections 10(b) and 20(a), and Rule 10b-5
of the Securities Exchange Act of 1934, as amended. The four
Actions have been transferred to a single judge in the Northern
District of Texas, Dallas Division and consolidated.  A lead
plaintiff has also been appointed.  The consolidated Action is
purportedly on behalf of all persons who purchased the Company's
s common stock during the period between May 3, 2001, and
October 27, 2004, and seeks unspecified damages.


SPORT CHALET: Reaches Settlement For CA Labor Violations Lawsuit
----------------------------------------------------------------
Sport Chalet, Inc. reached a settlement for the class action
filed in Los Angeles Superior Court in California, against it,
styled "Kenneth Henderson on behalf of himself and other
similarly situated Plaintiffs v. Sport Chalet, Case No. BC
318081."

Former employee Kenneth Henderson brought this class action on
behalf of himself and other similarly situated employees,
alleging causes of action for failure to provide required meal
periods, failure to authorize or permit rest periods, failure to
provide compensation for split shifts, failure to reimburse
employees for uniforms, failure to maintain required records,
penalties for terminated employees who were not fully
compensated, penalties for failure to pay employees all wages at
least twice a month, and violation of Business and Professions
Code l7200.

Plaintiffs basically allege that hourly employees were regularly
denied their required meal periods and rest periods and were not
paid premiums for split shifts. They further allege that the
company required its employees to wear uniforms but did not pay
for the uniforms. Plaintiffs seek a class action in which they
demand various wages, premiums, interest, and penalties for
these alleged violations. They also seek attorneys' fees and an
injunction.

The parties have engaged in significant discovery and Plaintiffs
have filed a Motion for Class Certification which was heard on
July 13, 2005.  The Company opposed the Motion for Class
Certification. No trial date has been set.  The parties reached
a settlement, which is subject to Court approval.  The parties
are drafting the settlement documents and presented them to the
Court by August 15, 2005.  Without admitting any liability, the
Company has agreed to pay money to a class of hourly employees
who allegedly were denied their proper break periods or who were
required to comply with the store dress code.  The Company has
also agreed to spend money to upgrade its labor software system,
to provide shirts to its employees, and to improve its
lunch/break rooms.  The maximum amount of the settlement is
$2,250,000, of which $1,000,000 has been fully reserved as of
June 30, 2005. Over the next six years, the remaining $1,250,000
is designated for the software system, shirts, and lunch/break
rooms and will be expensed or capitalized as incurred following
the Company's normal accounting policies.


SPORT CHALET: Shareholders Launch Investor Fraud Lawsuit in DE
--------------------------------------------------------------
Sport Chalet, Inc. faces a class action filed in the Court of
Chancery for the State of Delaware, styled "Miriam Gruber v.
Sport Chalet, Inc., Norbert Olberz, Irene Olberz, Craig L.
Levra, Howard K. Kaminsky, Al D. McCready, Eric S. Olberz,
Frederick H. Schneider, John R. Attwood, Donald J. Howard and
Kenneth Olson."

The action, which is purportedly brought individually,
derivatively and as a class action on behalf of the public
stockholders of the Company, challenges the recapitalization and
the associated transactions.  The complaint alleges that
defendants breached their fiduciary duties to the Company's
public stockholders by, among other things,

     (1) diverting an opportunity of the Company to Craig Levra
         and Howard Kaminsky;

     (2) failing to seek the best available transaction that
         would maximize the benefits for the Company and all its
         stockholders;

     (3) approving transactions which are not entirely fair to
         the Company and its public stockholders and

     (4) attempting to entrench themselves in office.

The complaint seeks, among other things, a preliminary and
permanent injunction against the recapitalization; a declaration
that the defendants have breached their fiduciary duties;
damages and an award of attorneys' fees and expenses.


TITAN CORPORATION: Suit Settlement Hearing Set November 2, 2005
---------------------------------------------------------------
The court of Chancery of the State of Delaware will hold a
fairness hearing for the proposed settlement in the Titan
Corporation Class And Derivative Litigation on behalf of all
record and beneficial owners of Titan securities at any time
during the period from and including June 3, 2005 through and
including the July 29, 2005 effective date of merger among
Titan, L-3 Communications Corporation and Saturn VI Acquisition
Corporation, a wholly-owned subsidiary of L-3 including any and
all of their respective successors in interest, assignees or
transferees, immediate and remote.

The court will hold the hearing on November 2, 2005 at 2:30 p.
m., before the Honorable William B. Chandler, III, in the Court
of Chancery, Chancery Courthouse, 34 The Circle, Georgetown,
Delaware.

The proposed Settlement, which is subject to Court approval,
provides the Class with the following benefits:

     (1) the consideration for the Merger was increased from
         $22.76 to $23.10, per share of Titan common stock;

     (2) the maximum Termination Fee that L-3 may be entitled to
         recover from Titan, in accordance with Section 8.3 of
         the Merger Agreement, was reduced from 3.5% to 2.0%, if
         a new offer was accepted and the Termination Fee paid
         within thirty (30) days of the date of the execution of
         the merger agreement between Titan and L-3, and 3%
         thereafter; and

     (3) certain language in the Merger Proxy Statement was
         altered or added based upon the comments from
         Plaintiff's Lead Counsel, and its investment banking
         expert, to improve the clarity of the disclosure to
         Titan Shareholders.

For more details, contact Titan Corporation Derivative
Litigation c/o Gilardi & Co., LLC, P.O. Box 990, Corte Madera,
CA 94976-0990 OR Seth D. Rigrodsky of Milberg Weiss Bershad &
Schulman, LLP, 919 N. Market Street, Suite 411, Wilmington, DE
19801, Phone: 302-984-0597, Fax: 212-273-4404, E-mail:
srigrodsky@milbergweiss.com; and David J. Bershad or Lee A.
Weiss of Milberg Weiss Bershad & Schulman, LLP, One Pennsylvania
Plaza, 48th Floor, New York, NY 10019, Phone: 212-946-9325 or
212-631-8642, Fax: 212-273-4381 or 212-273-4392, E-mail:
dbershad@milbergweiss.com or lweiss@milbergweiss.com.



WHITE ELECTRONIC: Asks AZ Court To Dismiss Securities Fraud Suit
----------------------------------------------------------------
White Electronic Designs Corporation asked the United States
District Court for the District of Arizona to dismiss the
consolidated securities class action filed against White
Electronic Designs Corporation and certain of its current and
former officers.

Four similar suits were initially filed, namely:

     (1) McJimsey v. White Electronic Designs Corporation, et
         al. (Case No. CV04-1499-PHX-SRB),

     (2) Afework v. White Electronic Designs Corporation, et al
         (Case No. CV04-1558-PHX-JWS),

     (3) Anders v. White Electronic Designs Corporation, et al.
         (Case No. CV04-1632-PHX-JAT), and

     (4) Sammarco v. White Electronic Designs Corporation, et
         al. (Case No. CV04-1744-PHX-EHC)

The complaints allege, among other things, that between January
23, 2003 and June 9, 2004, the Company made false and misleading
statements concerning its financial results and business, in
violation of the federal securities laws.  The complaints seek
unspecified monetary damages.  The Court has consolidated the
four cases into one action and has appointed Wayne County
Employees' Retirement System as lead plaintiff.

A consolidated complaint was filed on February 14, 2005.  The
Complaint alleges, among other things, that between January 23,
2003 and June 9, 2004, the Company made false and misleading
statements concerning its financial results and business, in
violation of the federal securities laws. The Complaint seeks
unspecified monetary damages. On April 15, 2005, defendants
moved to dismiss the Complaint. Plaintiffs opposed defendants'
motions to dismiss. A hearing date on the motion to dismiss has
not been scheduled.

The suit is styled "McJimsey, et al v. White Electronic Des, et
al., case no. 2:04-cv-01499-SRB," filed in the United States
District Court for the District of Arizona, under Judge Susan R.
Bolton.  Representing the Company are Joseph G. Adams and Joel
Philip Hoxie of Snell & Wilmer LLP, 1 Arizona Ctr, 400 E Van
Buren, Phoenix, AZ 85004-2202, Phone: 602-382-6207, Fax:
602-382-6070, E-mail: jgadams@swlaw.com and jhoxie@swlaw.com;
and Boris Feldman, Sherry Hartel Haus, Nicole Healy and Rodney
G. Strickland Jr., Wilson Sonsini Goodrich & Rosati, 650 Page
Mill Rd, Palo Alto, CA 94304, Phone: 650-496-4334, Fax:
650-565-5100, E-mail: nhealy@wsgr.com.  Representing the
plaintiffs are Ramzi Abadou, Russell J. Gunyan and Samuel H.
Rudman of Lerach Coughlin Stoia Geller Rudman & Robbins LLP, 401
B St, Ste 1600, San Diego, CA 92101, Phone: (619)231-1058; and
Francis Joseph Balint, Jr., Andrew S. Friedman, Patrick James
Van Zanen of Bonnett Fairbourn Friedman & Balint PC, 2901 N
Central Ave, Ste 1000, Phoenix, AZ 85012-3311, Phone:
602-274-1100, Fax: 602-274-1199, E-mail: fbalint@bffb.com,
afriedman@bffb.com, pvanzanen@bffb.com.


WILD OATS: Canada Court Approves Hepatitis Victims' Settlement
--------------------------------------------------------------
The Supreme Court of British Columbia, Canada approved the
settlement for the class action filed against Wild Oats Markets
Canada, Inc., as successor to Alfalfa's Canada, Inc., styled
"Helen Fakhri and Ady Aylon, as Representative Plaintiffs v.
Alfalfa's Canada, Inc."

The suit, filed in the Supreme Court of British Columbia, Canada
by the representative plaintiffs, seeks damages on behalf of two
groups of claimants - those who claim to have contracted
Hepatitis A allegedly through the consumption of food purchased
at a Capers Community Market in the spring of 2002, and those
who were inoculated against Hepatitis A in March and April,
2002, after handling and/or consuming food products from Capers
that were or might have been contaminated with Hepatitis A.

In July 2005, the Court approved a settlement agreement pursuant
to which plaintiffs submitting proof of claim receive either
cash or a gift card, redeemable at the Company's Canadian
stores, of certain amounts determined by classification of the
claimant within one of three separate categories.  The Company's
insurers have acknowledged coverage for defense and
administrative costs and settlement liability, and the Company
has exhausted its deductible.


WILD OATS: Trial in CA Overtime Wage Suit Set On October 2005
-------------------------------------------------------------
Trial in the class action filed against Wild Oats Markets, Inc.,
styled "Auchterlonie, individually and on behalf of all others
similarly situated and the general public, and Roes 1 to 1000
vs. Wild Oats Markets, Inc. and Does 1 through 100," is set for
October 2005 in the Superior Court of the County of Los Angeles,
California.

The suit makes claims for payment of overtime and damages
relating to alleged violations of the California Business and
Professions Code by a former managerial employee, on behalf of
himself and all other similarly situated California employees,
claiming that store directors at our California stores should
have been classified as non-exempt employees and paid on an
hourly basis. Plaintiff also alleges that the Company's
incentive bonus program is illegal based upon deductions for
items outside of the employee's control.

The Company believes that the employee, a former store director,
was properly classified as an exempt employee based upon his job
duties, and intends to vigorously defend the suit, the Company
said in a disclosure to the Securities and Exchange Commission.


                  New Securities Fraud Cases


ABERCROMBIE & FITCH: Marc S. Henzel Lodges Securities Suit in OH
----------------------------------------------------------------
The Law Offices of Marc S. Henzel initiated a class action
lawsuit in the United States District Court for the Southern
District of Ohio on behalf of a class (the "Class") of all
persons who purchased or acquired securities of Abercrombie &
Fitch Co. ("Abercrombie" or the "Company")(NYSE: ANF) between
June 2, 2005 and August 16, 2005 inclusive (the "Class Period").

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 during the Class Period thereby
artificially inflating the price of Abercrombie securities. The
Complaint names as defendants Abercrombie, Michael S. Jeffries,
Robert Singer and Michael W. Kramer. The Complaint alleges that
Abercrombie

     (1) carried out a scheme to deceive the investing public;

     (2) made untrue statements of material fact and/or omitted
         to state material facts necessary to make the
         statements not misleading; and

     (3) engaged in acts, practices, and a course of business
         which operated as a fraud and deceit upon the
         purchasers of the Company's securities in an effort to
         maintain artificially high market prices for
         Abercrombie securities.

More specifically, the Complaint alleges that during the class
period, Abercrombie made positive public announcements about its
monthly and quarterly sales results while, at the same time they
did not reveal that the Company's margins, a material indicator
of the Company's true financial condition, would be lower in its
2005 second fiscal quarter. In July 2005, Abercrombie's Chairman
and CEO sold more than 1.6 million shares of Abercrombie common
stock reaping $118 million in profits based on negative,
material Company information known to him, but unknown to
Plaintiff and the Class. Following the revelation of the
material, undisclosed information, Abercrombie's common stock
price plummeted, resulting in substantial losses to
shareholders.

For more details, contact Marc S. Henzel, Esq. of The Law
Offices of Marc S. Henzel, 273 Montgomery Ave, Suite 202 Bala
Cynwyd, PA 19004-2808, Phone: (888) 643-6735 or (610) 660-8000,
Fax: (610) 660-8080, E-mail: Mhenzel182@aol.com, Web site:
http://members.aol.com/mhenzel182.


ABERCROMBIE & FITCH: Wolf Haldenstein Lodges OH Securities Suit
---------------------------------------------------------------
The law firm of Wolf Haldenstein Adler Freeman & Herz, LLP filed
a class action lawsuit in the United States District Court for
the Southern District of Ohio, on behalf of all persons who
purchased the securities of Abercrombie & Fitch Co.
("Abercrombie" or the "Company") (NYSE: ANF) between May 17,
2005 and August 16, 2005, inclusive, (the "Class Period")
against defendants Abercrombie and certain officers of the
Company.

The case name is Sved v. Abercrombie & Fitch Co., 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 further alleges that during the Class Period,
defendants made statements that were materially false and
misleading because they failed to disclose the following facts,
among others:

     (1) demand for Abercrombie's products was slowing,
         resulting in material amounts of unsold products and
         rising inventories;

     (2) contrary to defendants' representations that the denim
         products were "non-risk" from an inventory standpoint,
         meaning they would not be marked down if demand was
         poor, unsold denim products presented a material risk
         to the Company's profitability; and

     (3) the Company's profit margins were being negatively
         impacted by markdowns on unsold products.

For more details, contact Fred Taylor Isquith, Esq., Gregory M.
Nespole, Esq., George T. Peters, Esq., or Derek Behnke, of Wolf
Haldenstein Adler Freeman & Herz, LLP, Phone: 1-800-575-0735, E-
mail: classmember@whafh.com, Web site: http://www.whafh.com.


DHB INDUSTRIES: Faruqi & Faruqi Files Securities Suit in E.D. NY
----------------------------------------------------------------
The law firm of Faruqi & Faruqi, LLP, initiated a class action
lawsuit in the United States District Court for the Eastern
District of New York on behalf of all purchasers of DHB
Industries, Inc. ("DHB" or the "Company") (AMEX:DHB) securities
between April 21, 2004 through August 29, 2005, inclusive (the
"Class Period").

The complaint charges defendants with violations of federal
securities laws by, among other things, issuing a series of
materially false and misleading press releases concerning DHB's
financial results and business prospects. Specifically, the
complaint alleges that DHB failed to disclose the true extent of
the Company's potential liability regarding the effectiveness of
Zylon and the bullet resistant products manufactured by the
Company containing high concentrations of Zylon. As a result,
the price of the Company's common stock was artificially
inflated throughout the Class Period, allowing defendants to
sell millions of shares of DHB common stock. On August 30, 2005,
however, DHB announced that it had discontinued the use of Zylon
in its bullet resistant products and that the Company would
record a charge to third quarter earnings to account for the
anticipated cost of a Zylon Replacement Program and discontinued
sales of Zylon products. Following this announcement, shares of
DHB common stock dropped from $6.66 to close at $5.10 on
unusually heavy trading volume.

For more details, contact ANTHONY VOZZOLO, ESQ. or BETH A.
KELLER, ESQ. of FARUQI & FARUQI, LLP, 320 East 39th St., New
York, NY 10016, Phone: (877) 247-4292 or (212) 983-9330, Fax:
(212) 983-9331, E-mail: Avozzolo@faruqilaw.com or
Bkeller@faruqilaw.com, Web site: http://www.faruqilaw.com.


ISOLAGEN INC.: Milberg Weiss Lodges Securities Fraud Suit in PA
---------------------------------------------------------------
The law firm of Milberg Weiss Bershad & Schulman, LLP, initiated
a class action lawsuit on behalf of all persons who purchased or
otherwise acquired the securities of Isolagen, Inc. ("Isolagen"
or the "Company") (AMEX: ILE), between March 3, 2004 and July
31, 2005 inclusive (the "Class Period"), including purchasers of
Isolagen common stock issued in connection with and/or traceable
to Isolagen's June 9, 2004 common stock offering, seeking to
pursue remedies under the Securities Exchange Act of 1934 (the
"Exchange Act").

The action, case no. 05-CV-5090, is pending before the Honorable
Ronald Buckwalter in the United States District Court for the
Eastern District of Pennsylvania against defendants Isolagen,
and certain of the Company's former and current officers and
directors. According to the complaint, defendants violated
sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5, by
issuing a series of material misrepresentations to the market
during the Class Period.

The complaint alleges that Isolagen is a biotechnology company
that specializes in the development and commercialization of
autologous cellular system technology for tissue regeneration.
The Company's patented "Isolagen Process" is a process whereby
the patient's own collagen-producing cells are extracted,
reproduced, and then re-introduced by injection back into the
patient for the treatment of, among other things, wrinkles,
lines, and scars. In 2003, defendants began aggressively
marketing the Isolagen Process in the United Kingdom to test the
market before launching the product in the United States.
Throughout the Class Period, defendants reported strong demand
for the Isolagen Process in the United Kingdom and robust
revenue growth therefrom. In January 2003, in an attempt to
obtain FDA approval to market the Isolagen Process in the United
States, defendants commenced clinical trials of the Isolagen
Process for the treatment of the wrinkles and scars, and for the
treatment of periodontal disease. Throughout the Class Period,
defendants reported positive results from the trials, and
claimed that the Company was on track to file a Biologics
License Application ("BLA") for the Isolagen Process with the
FDA by 2005. In addition, defendants claimed that the product
would be commercially available in the same year.

On August 1, 2005, the Company shocked investors when it
announced that the results from its Phase III clinical trials of
the Isologen Process for the treatment of wrinkles had failed to
meet all of its primary end points and that the results from one
of the trials failed to demonstrate any statistical
significance. According to the Company, the trials produced such
variations in the results that it would not be able to file a
BLA, strongly suggesting that defendants failed to conduct the
trials in a proper and controlled manner. On August 9, 2005, the
Company filed its second quarter 2005 report with the SEC,
revealing a net loss of $10 million, or $0.33 per share,
compared to $3.9 million, or $0.14 per share in the same quarter
in the prior year. The Company stated in the quarterly report
that the results from the Phase II trial of the Isolagen Process
for the treatment of periodontal disease were statistically
insignificant and that its current measurement techniques were
imprecise and unreliable. On the same day, during a conference
call, defendants revealed that the Company's promotional
activities in the United Kingdom violated advertising rules
therein and that revisions to its campaign "could negatively
impact our ability to promote the product." In addition,
defendants reported declining sales of the Isolagen Process in
the second quarter 2005, and that the Company's profit margins
were decreasing as a result of an increase in costs of sales. As
a result, defendants lowered their revenue guidance for the
full-year 2005 to $10 million to $15 million from prior guidance
of $15 million.

As a result of defendants' materially false and misleading
statements, the price of Isolagen stock became artificially
inflated during the Class Period. Defendants were motivated to
engage in the wrongful and fraudulent conduct to register and
sell over 8 million shares in an offering in June 2004, with the
Company reaping more $61 million in proceeds therefrom, and for
Company insiders to sell their personally-held shares of
Isolagen stock for more than $33 million in proceeds. In
addition, defendants were able to complete a $90 million private
placement of convertible debenture during the Class Period.

For more details, contact Steven G. Schulman, Peter E. Seidman
or Andrei V. Rado of Milberg Weiss Bershad & Schulman, LLP, One
Pennsylvania Plaza, 49th fl., New York, NY 10119-0165, Phone:
(800) 320-5081, E-mail: sfeerick@milbergweiss.com, Web site:
http://www.milbergweiss.com.


MOLINA HEALTHCARE: Finkelstein Firm Sets Lead Plaintiff Deadline
----------------------------------------------------------------
The law firm of Finkelstein & Krinsk, LLP, which previously
filed a class action lawsuit in the United States District Court
for the Central District of California, on behalf of persons who
purchased the securities of Molina Healthcare, Inc. ("Molina" or
the "Company") between November 3, 2004 and July 20, 2005 (the
"Class Period"), is reminding shareholders that they have until
September 26, 2005 to apply to be Lead Plaintiff in the case.
The lawsuit named Molina, J. Mario Molina, and John C. Molina as
Defendants.

Finkelstein & Krinsk's complaint alleges that Defendants
violated Sections 10(b) and 20(a) of the Securities Exchange Act
of 1934 and Rule 10b-5 promulgated thereunder. Specifically,
Defendants issued a series of false and misleading statements
regarding Molina's operating condition and failed to disclose
what Molina was experiencing rising costs without adequate
Medicaid reimbursement. On July 20, 2005, Molina announced it
would report a loss for the second quarter 2005 and revise its
earnings guidance. The reduction in guidance occurred after the
Company affirmed its earlier guidance at least three times. This
allowed an equity offering benefiting the Molina Family Trusts.
The shares then fell $20 as the truth emerged. The law firm of
Finkelstein & Krinsk is one of the country's premier law firms
representing individual and institutional investors in class
action litigation.

For more details, contact Jeffrey R. Krinsk of Finkelstein &
Krinsk, LLP, Phone: 877-493-5366, Fax: 619-238-5425, E-mail:
jrk@classactionlaw.com.


UBS-AG: Stull Stull Files Fraud Suit in NY Over AIM Mutual Funds
----------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased AIM mutual funds from
UBS between May 1, 2000 and April 30, 2005, inclusive (the
"Class Period"), seeking to pursue remedies under the Securities
Act of 1933 (the "Securities Act") and the Securities Exchange
Act of 1934 (the "Exchange Act").

The AIM mutual funds and their respective symbols are as
follows:

AIM Advantage Health Sci A          (NASDAQ: IAGHX)
AIM Advantage Health Sci B          (NASDAQ: IGHBX)
AIM Advantage Health Sci C          (NASDAQ: IGHCX)
AIM Aggressive Growth A             (NASDAQ: AAGFX)
AIM Aggressive Growth B             (NASDAQ: AAGBX)
AIM Aggressive Growth C             (NASDAQ: AAGCX)
AIM Aggressive Growth I             (NASDAQ: AAGVX)
AIM Aggressive Growth R             (NASDAQ: ARRGX)
AIM Asia Pacific Growth A           (NASDAQ: ASIAX)
AIM Asia Pacific Growth B           (NASDAQ: ASIBX)
AIM Asia Pacific Growth C           (NASDAQ: ASICX)
AIM Basic Balanced A                (NASDAQ: BBLAX)
AIM Basic Balanced B                (NASDAQ: BBLBX)
AIM Basic Balanced C                (NASDAQ: BBLCX)
AIM Basic Balanced Inst             (NASDAQ: BBLIX)
AIM Basic Balanced Inv              (NASDAQ: BBLTX)
AIM Basic Balanced R                (NASDAQ: BBLRX)
AIM Basic Value A                   (NASDAQ: GTVLX)
AIM Basic Value B                   (NASDAQ: GTVBX)
AIM Basic Value C                   (NASDAQ: GTVCX)
AIM Basic Value I                   (NASDAQ: GTVVX)
AIM Basic Value R                   (NASDAQ: GTVRX)
AIM Blue Chip A                     (NASDAQ: ABCAX)
AIM Blue Chip B                     (NASDAQ: ABCBX)
AIM Blue Chip C                     (NASDAQ: ABCCX)
AIM Blue Chip I                     (NASDAQ: ABCVX)
AIM Blue Chip Inv                   (NASDAQ: BCIVX)
AIM Blue Chip R                     (NASDAQ: ABCRX)
AIM Capital Development A           (NASDAQ: ACDAX)
AIM Capital Development B           (NASDAQ: ACDBX)
AIM Capital Development C           (NASDAQ: ACDCX)
AIM Capital Development I           (NASDAQ: ACDVX)
AIM Capital Development Inv         (NASDAQ: ACDIX)
AIM Capital Development R           (NASDAQ: ACDRX)
AIM Charter A                       (NASDAQ: CHTRX)
AIM Charter B                       (NASDAQ: BCHTX)
AIM Charter C                       (NASDAQ: CHTCX)
AIM Charter I                       (NASDAQ: CHTVX)
AIM Charter R                       (NASDAQ: CHRRX)
AIM Conservative Allocation A       (NASDAQ: ACNAX)
AIM Conservative Allocation B       (NASDAQ: ACNBX)
AIM Conservative Allocation C       (NASDAQ: ACNCX)
AIM Conservative Allocation Inst    (NASDAQ: ACNIX)
AIM Conservative Allocation R       (NASDAQ: ACNRX)
AIM Constellation A                 (NASDAQ: CSTGX)
AIM Constellation B                 (NASDAQ: CSTBX)
AIM Constellation C                 (NASDAQ: CSTCX)
AIM Constellation I                 (NASDAQ: CSITX)
AIM Constellation R                 (NASDAQ: CSTRX)
AIM Developing Markets A            (NASDAQ: GTDDX)
AIM Developing Markets B            (NASDAQ: GTDBX)
AIM Developing Markets C            (NASDAQ: GTDCX)
AIM Diversified Dividend Fund A     (NASDAQ: LCEAX)
AIM Diversified Dividend Fund B     (NASDAQ: LCEDX)
AIM Diversified Dividend Fund C     (NASDAQ: LCEVX)
AIM Diversified Dividend Inv        (NASDAQ: LCEIX)
AIM Dynamics A                      (NASDAQ: IDYAX)
AIM Dynamics B                      (NASDAQ: IDYBX)
AIM Dynamics C                      (NASDAQ: IFDCX)
AIM Dynamics Instl                  (NASDAQ: IDICX)
AIM Dynamics Inv                    (NASDAQ: FIDYX)
AIM Dynamics K                      (NASDAQ: IDYKX)
AIM Energy A                        (NASDAQ: IENAX)
AIM Energy B                        (NASDAQ: IENBX)
AIM Energy C                        (NASDAQ: IEFCX)
AIM Energy Inv                      (NASDAQ: FSTEX)
AIM Energy K                        (NASDAQ: IENKX)
AIM European Growth A               (NASDAQ: AEDAX)
AIM European Growth B               (NASDAQ: AEDBX)
AIM European Growth C               (NASDAQ: AEDCX)
AIM European Growth Inv             (NASDAQ: EGINX)
AIM European Growth R               (NASDAQ: AEDRX)
AIM European Small Company A        (NASDAQ: ESMAX)
AIM European Small Company B        (NASDAQ: ESMBX)
AIM European Small Company C        (NASDAQ: ESMCX)
AIM Financial Services A            (NASDAQ: IFSAX)
AIM Financial Services B            (NASDAQ: IFSBX)
AIM Financial Services C            (NASDAQ: IFSCX)
AIM Financial Services Inv          (NASDAQ: FSFSX)
AIM Financial Services K            (NASDAQ: FSFKX)
AIM Floating Rate B                 (NASDAQ: XAFRX)
AIM Floating Rate C                 (NASDAQ: XFRCX)
AIM Global Aggressive Growth A      (NASDAQ: AGAAX)
AIM Global Aggressive Growth B      (NASDAQ: AGABX)
AIM Global Aggressive Growth C      (NASDAQ: AGACX)
AIM Global Equity A                 (NASDAQ: GTNDX)
AIM Global Equity B                 (NASDAQ: GNDBX)
AIM Global Equity C                 (NASDAQ: GNDCX)
AIM Global Equity Inst              (NASDAQ: GNDIX)
AIM Global Growth A                 (NASDAQ: AGGAX)
AIM Global Growth B                 (NASDAQ: AGGBX)
AIM Global Growth C                 (NASDAQ: AGGCX)
AIM Global Health Care A            (NASDAQ: GGHCX)
AIM Global Health Care B            (NASDAQ: GTHBX)
AIM Global Health Care C            (NASDAQ: GTHCX)
AIM Global Health Care Inv          (NASDAQ: GTHIX)
AIM Global Real Estate A            (NASDAQ: AGREX)
AIM Global Real Estate B            (NASDAQ: BGREX)
AIM Global Real Estate C            (NASDAQ: CGREX)
AIM Global Real Estate Instl        (NASDAQ: IGREX)
AIM Global Real Estate R            (NASDAQ: RGREX)
AIM Global Value A                  (NASDAQ: AWSAX)
AIM Global Value B                  (NASDAQ: AWSBX)
AIM Global Value C                  (NASDAQ: AWSCX)
AIM Gold & Precious Metals A        (NASDAQ: IGDAX)
AIM Gold & Precious Metals B        (NASDAQ: IGDBX)
AIM Gold & Precious Metals C        (NASDAQ: IGDCX)
AIM Gold & Precious Metals Inv      (NASDAQ: FGLDX)
AIM Growth Allocation A             (NASDAQ: AADAX)
AIM Growth Allocation B             (NASDAQ: AAEBX)
AIM Growth Allocation C             (NASDAQ: AADCX)
AIM Growth Allocation I             (NASDAQ: AADIX)
AIM Growth Allocation R             (NASDAQ: AADRX)
AIM High Income Municipal Bond A    (NASDAQ: AHMAX)
AIM High Income Municipal Bond B    (NASDAQ: AHMBX)
AIM High Income Municipal Bond C    (NASDAQ: AHMCX)
AIM High-Yield A                    (NASDAQ: AMHYX)
AIM High-Yield B                    (NASDAQ: AHYBX)
AIM High-Yield C                    (NASDAQ: AHYCX)
AIM High-Yield Inst                 (NASDAQ: AHIYX)
AIM High-Yield Inv                  (NASDAQ: HYINX)
AIM Income A                        (NASDAQ: AMIFX)
AIM Income B                        (NASDAQ: ABIFX)
AIM Income C                        (NASDAQ: ACIFX)
AIM Income Inv                      (NASDAQ: AIIVX)
AIM Income R                        (NASDAQ: AMIRX)
AIM Intermediate Government A       (NASDAQ: AGOVX)
AIM Intermediate Government B       (NASDAQ: AGVBX)
AIM Intermediate Government C       (NASDAQ: AGVCX)
AIM Intermediate Government Instl   (NASDAQ: AGOIX)
AIM Intermediate Government Inv     (NASDAQ: AGIVX)
AIM Intermediate Government R       (NASDAQ: AGVRX)
AIM International Growth A          (NASDAQ: AIIEX)
AIM International Growth B          (NASDAQ: AIEBX)
AIM International Growth C          (NASDAQ: AIECX)
AIM International Growth I          (NASDAQ: AIEVX)
AIM International Growth R          (NASDAQ: AIERX)
AIM International Small Company A   (NASDAQ: IEGAX)
AIM International Small Company B   (NASDAQ: IEGBX)
AIM International Small Company C   (NASDAQ: IEGCX)

AIM Intl Core Equity A              (NASDAQ: IBVAX)
AIM Intl Core Equity B              (NASDAQ: IBVBX)
AIM Intl Core Equity C              (NASDAQ: IBVCX)
AIM Intl Core Equity Inst           (NASDAQ: IBVIX)
AIM Intl Core Equity Inv            (NASDAQ: IIBCX)
AIM Intl Core Equity R              (NASDAQ: IIBRX)
AIM Large Cap Basic Value A         (NASDAQ: LCBAX)
AIM Large Cap Basic Value B         (NASDAQ: LCBBX)
AIM Large Cap Basic Value C         (NASDAQ: LCBCX)
AIM Large Cap Basic Value Inst      (NASDAQ: LCBIX)
AIM Large Cap Basic Value Inv       (NASDAQ: LCINX)
AIM Large Cap Basic Value R         (NASDAQ: LCBRX)
AIM Large Cap Growth A              (NASDAQ: LCGAX)
AIM Large Cap Growth B              (NASDAQ: LCGBX)
AIM Large Cap Growth C                     (NASDAQ: LCGCX)
AIM Large Cap Growth Inst                  (NASDAQ: LCIGX)
AIM Large Cap Growth Inv                   (NASDAQ: LCGIX)
AIM Large Cap Growth R                     (NASDAQ: LCRGX)
AIM Leisure A                              (NASDAQ: ILSAX)
AIM Leisure B                              (NASDAQ: ILSBX)
AIM Leisure C                              (NASDAQ: IVLCX)
AIM Leisure Inv                            (NASDAQ: FLISX)
AIM Leisure K                              (NASDAQ: ILEKX)
AIM Limited Maturity Treasury A            (NASDAQ: SHTIX)
AIM Limited Maturity Treasury A3           (NASDAQ: LMTAX)
AIM Limited Maturity Treasury I            (NASDAQ: ALMIX)
AIM Mid Cap Basic Value A                  (NASDAQ: MDCAX)
AIM Mid Cap Basic Value B                  (NASDAQ: MDCBX)
AIM Mid Cap Basic Value C                  (NASDAQ: MDCVX)
AIM Mid Cap Basic Value Inst               (NASDAQ: MDICX)
AIM Mid Cap Basic Value R                  (NASDAQ: MDCRX)
AIM Mid Cap Core Equity A                  (NASDAQ: GTAGX)
AIM Mid Cap Core Equity B                  (NASDAQ: GTABX)
AIM Mid Cap Core Equity C                  (NASDAQ: GTACX)
AIM Mid Cap Core Equity I                  (NASDAQ: GTAVX)
AIM Mid Cap Core Equity R                  (NASDAQ: GTARX)
AIM Mid Cap Growth A                       (NASDAQ: AMCAX)
AIM Mid Cap Growth B                       (NASDAQ: AMCBX)
AIM Mid Cap Growth C                       (NASDAQ: AMCVX)
AIM Mid Cap Growth Inst                    (NASDAQ: AMIGX)
AIM Mid Cap Growth R                       (NASDAQ: AMGRX)
AIM Moderate Allocation A                  (NASDAQ: AMKAX)
AIM Moderate Allocation B                  (NASDAQ: AMKBX)
AIM Moderate Allocation C                  (NASDAQ: AMKCX)
AIM Moderate Allocation Inst               (NASDAQ: AMLIX)
AIM Moderate Allocation R                  (NASDAQ: AMKRX)
AIM Moderate Growth Allocation A           (NASDAQ: AAMGX)
AIM Moderate Growth Allocation B           (NASDAQ: AMBGX)
AIM Moderate Growth Allocation C           (NASDAQ: ACMGX)
AIM Moderate Growth Allocation Instl       (NASDAQ: AIMGX)
AIM Moderate Growth Allocation R           (NASDAQ: RAMGX)
AIM Moderately Conservative Alloc A        (NASDAQ: CAAMX)
AIM Moderately Conservative Alloc B        (NASDAQ: CMBAX)
AIM Moderately Conservative Alloc C        (NASDAQ: CACMX)
AIM Moderately Conservative Alloc Instl    (NASDAQ: CMAIX)
AIM Moderately Conservative Alloc R        (NASDAQ: CMARX)
AIM Multi-Sector A      (NASDAQ: IAMSX)
AIM Multi-Sector B      (NASDAQ: IBMSX)
AIM Multi-Sector C      (NASDAQ: ICMSX)
AIM Multi-Sector Inst   (NASDAQ: IIMSX)
AIM Municipal Bond A    (NASDAQ: AMBDX)
AIM Municipal Bond B    (NASDAQ: AMBBX)
AIM Municipal Bond C    (NASDAQ: AMBCX)
AIM Municipal Bond Inv  (NASDAQ: AMBIX)
AIM Opportunities I A   (NASDAQ: ASCOX)
AIM Opportunities I B   (NASDAQ: SCPBX)
AIM Opportunities I C   (NASDAQ: SCOCX)
AIM Opportunities II A  (NASDAQ: AMCOX)
AIM Opportunities II B  (NASDAQ: MCOVX)
AIM Opportunities II C  (NASDAQ: MCODX)
AIM Opportunities III A (NASDAQ: LCPAX)
AIM Opportunities III B (NASDAQ: LCPBX)
AIM Opportunities III C (NASDAQ: LCPCX)
AIM Premier Equity A    (NASDAQ: AVLFX)
AIM Premier Equity B    (NASDAQ: AVLBX)
AIM Premier Equity C    (NASDAQ: AVLCX)
AIM Premier Equity I    (NASDAQ: AVLVX)
AIM Premier Equity R    (NASDAQ: AVLRX)
AIM Real Estate A       (NASDAQ: IARAX)
AIM Real Estate B       (NASDAQ: AARBX)
AIM Real Estate C       (NASDAQ: IARCX)
AIM Real Estate Inst    (NASDAQ: IARIX)
AIM Real Estate Inv     (NASDAQ: REINX)
AIM Real Estate R       (NASDAQ: IARRX)
AIM S&P 500 IndeX) Instl(NASDAQ: ISIIX)
AIM S&P 500 IndeX) Inv  (NASDAQ: ISPIX)
AIM Select Equity A     (NASDAQ: AGWFX)
AIM Select Equity B     (NASDAQ: AGWBX)
AIM Select Equity C     (NASDAQ: AGWCX)
AIM Short Term Bond A   (NASDAQ: STBAX)
AIM Short Term Bond C   (NASDAQ: STBCX)
AIM Short Term Bond Inst   (NASDAQ: ISTBX)
AIM Short Term Bond R      (NASDAQ: STBRX)
AIM Small Cap Equity A     (NASDAQ: SMEAX)
AIM Small Cap Equity B     (NASDAQ: SMEBX)
AIM Small Cap Equity C     (NASDAQ: SMECX)
AIM Small Cap Equity Instl (NASDAQ: SMEIX)
AIM Small Cap Equity R  (NASDAQ: SMERX)
AIM Small Cap Growth A  (NASDAQ: GTSAX)
AIM Small Cap Growth B  (NASDAQ: GTSBX)
AIM Small Cap Growth C  (NASDAQ: GTSDX)
AIM Small Cap Growth I  (NASDAQ: GTSVX)
AIM Small Cap Growth R  (NASDAQ: GTSRX)
AIM Small Company Growth A      (NASDAQ: ISGAX)
AIM Small Company Growth B      (NASDAQ: ISGBX)
AIM Small Company Growth C      (NASDAQ: ISGCX)
AIM Small Company Growth Inv    (NASDAQ: FIEGX)
AIM Small Company Growth K      (NASDAQ: ISCKX)
AIM Summit                      (NASDAQ: SMMIX)
AIM TaX)-Free Intermediate A    (NASDAQ: AITFX)
AIM TaX)-Free Intermediate A3   (NASDAQ: ATFAX)
AIM TaX)-Free Intermediate Inst (NASDAQ: ATFIX)
AIM Technology A        (NASDAQ: ITYAX)
AIM Technology B        (NASDAQ: ITYBX)
AIM Technology C        (NASDAQ: ITHCX)
AIM Technology Instl    (NASDAQ: FTPIX)
AIM Technology Inv      (NASDAQ: FTCHX)
AIM Technology K        (NASDAQ: ITHKX)
AIM Total Return Bond A     (NASDAQ: TBRAX)
AIM Total Return Bond B    (NASDAQ: TBRDX)
AIM Total Return Bond C    (NASDAQ: TBRCX)
AIM Total Return Bond Inst (NASDAQ: TBRIX)
AIM Total Return Bond R    (NASDAQ: TBRRX)
AIM Trimark A   (NASDAQ: ATKAX)
AIM Trimark B   (NASDAQ: ATKBX)
AIM Trimark C   (NASDAQ: ATKCX)
AIM Trimark Endeavor A  (NASDAQ: ATDAX)
AIM Trimark Endeavor B  (NASDAQ: ATDBX)
AIM Trimark Endeavor C  (NASDAQ: ATDCX)
AIM Trimark Endeavor Inst       (NASDAQ: ATDIX)
AIM Trimark Endeavor R  (NASDAQ: ATDRX)
AIM Trimark Inst        (NASDAQ: ATKIX)
AIM Trimark R   (NASDAQ: ATKRX)
AIM Trimark Small Companies A    (NASDAQ: ATIAX)
AIM Trimark Small Companies B    (NASDAQ: ATIBX)
AIM Trimark Small Companies C    (NASDAQ: ATICX)
AIM Trimark Small Companies Inst (NASDAQ: ATIIX)
AIM Trimark Small Companies R    (NASDAQ: ATIRX)
AIM Utilities A (NASDAQ: IAUTX)
AIM Utilities B (NASDAQ: IBUTX)
AIM Utilities C (NASDAQ: IUTCX)
AIM Utilities Inv       (NASDAQ: FSTUX)
AIM Weingarten A        (NASDAQ: WEINX)
AIM Weingarten B        (NASDAQ: BWEIX)
AIM Weingarten C        (NASDAQ: CWEIX)
AIM Weingarten I        (NASDAQ: IWEIX)
AIM Weingarten R        (NASDAQ: RWEIX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"): AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio. In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges Suit in NY Over Columbia Mutual Funds
----------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Columbia mutual funds
from UBS between May 1, 2000 and April 30, 2005, inclusive (the
"Class Period"), seeking to pursue remedies under the Securities
Act of 1933 (the "Securities Act") and the Securities Exchange
Act of 1934 (the "Exchange Act").

The Columbia mutual funds and their respective symbols are as
follows:

Columbia Acorn Fund (NASDAQ: LACAX), (NASDAQ: LACBX), (NASDAQ:
LIACX),
(NASDAQ: ACRNX)
Columbia Acorn Select (NASDAQ: LTFAX), (NASDAQ: LTFBX), (NASDAQ:
LTFCX),
(NASDAQ: ACTWX)
Columbia Acorn USA (NASDAQ: LAUAX), (NASDAQ: LAUBX), (NASDAQ:
LAUCX),
(NASDAQ: AUSAX)
Columbia Asset Allocation Fund (NASDAQ: LAAAX), (NASDAQ: LAABX),
(NASDAQ: LAACX), (NASDAQ: GBAAX), (NASDAQ: GAAAX), (NASDAQ:
GAATX)
Columbia Balanced Fund (NASDAQ: CBLAX), (NASDAQ: CBLBX),
(NASDAQ: CBLCX),
(NASDAQ: CBLDX), (NASDAQ: CBALX)
Columbia Common Stock Fund (NASDAQ: CMSAX), (NASDAQ: CMSBX),
(NASDAQ: CCSCX), (NASDAQ: CMSDX), (NASDAQ: CMSTX)
Columbia Disciplined Value Fund (NASDAQ: LEVAX), (NASDAQ:
LEVBX),
(NASDAQ: LEVCX), (NASDAQ: GEVBX), (NASDAQ: GALEX), (NASDAQ:
GEVTX)
Columbia Dividend Income Fund (NASDAQ: LBSAX), (NASDAQ: LBSBX),
(NASDAQ: LBSCX), (NASDAQ: GEQBX), (NASDAQ: GEQAX), (NASDAQ:
GSFTX)
Columbia Growth & Income Fund (NASDAQ: CFGAX), (NASDAQ: CFGBX),
(NASDAQ: CFGDX), (NASDAQ: LGISX)
Columbia Growth Fund (NASDAQ: CGWAX), (NASDAQ: CGWBX), (NASDAQ:
CGWCX),
(NASDAQ: CGWDX), (NASDAQ: CGWGX), (NASDAQ: CLMBX)
Columbia Growth Stock Fund (NASDAQ: CGSAX), (NASDAQ: CGSBX),
(NASDAQ: CGSCX), (NASDAQ: SRFSX)
Columbia Large Cap Core Fund (NASDAQ: LCCAX), (NASDAQ: LCCBX),
(NASDAQ: LCCCX), (NASDAQ: GGRBX), (NASDAQ: SGIEX), (NASDAQ:
SMGIX)
Columbia Large Cap Growth Fund (NASDAQ: LEGAX), (NASDAQ: LEGBX),
(NASDAQ: LEGCX), (NASDAQ: GBEGX), (NASDAQ: GAEGX), (NASDAQ:
GEGTX)
Columbia Large Company Index Fund(NASDAQ: LLIAX), (NASDAQ:
LLIBX),
(NASDAQ: LLICX), (NASDAQ: ILCIX)
Columbia Liberty Fund (NASDAQ: COLFX), (NASDAQ: CCFBX), (NASDAQ:
CTCCX),
(NASDAQ: CTCFX)
Columbia Mid Cap Growth Fund (NASDAQ: CBSAX), (NASDAQ: CBSBX),
(NASDAQ: CMCCX), (NASDAQ: CBSDX), (NASDAQ: CBSGX), (NASDAQ:
CBSTX),
(NASDAQ: CLSPX)
Columbia Mid Cap Value Fund (NASDAQ: COLGX), (NASDAQ: COGBX),
(NASDAQ: CSVCX), (NASDAQ: LSVSX)
Columbia Real Estate Equity Fund (NASDAQ: CREAX), (NASDAQ:
CREBX),
(NASDAQ: CRECX), (NASDAQ: CREDX), (NASDAQ: CREEX)
Columbia Small Cap Fund(NASDAQ: LSMAX), (NASDAQ: LSMBX),
(NASDAQ: LSMCX),
(NASDAQ: GBSMX), (NASDAQ: SSCEX), (NASDAQ: SMCEX)
Columbia Small Cap Growth Fund (NASDAQ: CMSCX)
Columbia Small Cap Value Fund (NASDAQ: CSMIX), (NASDAQ: CSSBX),
(NASDAQ: CSSCX), (NASDAQ: CSCZX)
Columbia Small Company Equity Fund (NASDAQ: LSEAX), (NASDAQ:
LSEBX),
(NASDAQ: LSECX), (NASDAQ: GERBX), (NASDAQ: GASEX), (NASDAQ:
GSETX)
Columbia Small Company Index Fund (NASDAQ: LBIAX), (NASDAQ:
LBIBX),
(NASDAQ: LBICX), (NASDAQ: ISCIX)
Columbia Strategic Investor Fund (NASDAQ: CSVAX), (NASDAQ:
CSVBX),
(NASDAQ: CSRCX), (NASDAQ: CSVDX), (NASDAQ: CSVFX)
Columbia Tax-Managed Aggressive Growth Fund (NASDAQ: LTMAX),
(NASDAQ: LTAGX), (NASDAQ: LTACX), (NASDAQ: LTAZX)
Columbia Tax-Managed Growth Fund (NASDAQ: STMAX), (NASDAQ:
CTMBX),
(NASDAQ: CTMCX), (NASDAQ: LMGZX)
Columbia Tax-Managed Growth Fund II (NASDAQ: LTGAX), (NASDAQ:
LTIIX),
(NASDAQ: LTGCX), (NASDAQ: LTGZX)
Columbia Tax-Managed Value Fund (NASDAQ: SRVAX), (NASDAQ:
CTMVX),
(NASDAQ: LTVCX), (NASDAQ: LTMZX)
Columbia Technology Fund (NASDAQ: CTCAX), (NASDAQ: CTCBX),
(NASDAQ: CTHCX), (NASDAQ: CTCDX), (NASDAQ: CMTFX)
Columbia Thermostat Fund (NASDAQ: CTFAX), (NASDAQ: CTFBX),
(NASDAQ: CTFDX), (NASDAQ: COTZX)
Columbia Utilities Fund (NASDAQ: CUTLX), (NASDAQ: CUTBX),
(NASDAQ: CUTFX),
(NASDAQ: LUFZX)
Columbia Young Investor Fund (NASDAQ: LYIAX), (NASDAQ: LYIBX),
(NASDAQ: LYICX), (NASDAQ: SRYIX)
Columbia Acorn International Fund (NASDAQ: LAIAX), (NASDAQ:
LIABX),
(NASDAQ: LAICX), (NASDAQ: ACINX)
Columbia Acorn International Select Fund (NASDAQ: LAFAX),
(NASDAQ: LFFBX),
(NASDAQ: LFFCX), (NASDAQ: ACFFX)
Columbia Europe Fund (NASDAQ: NEUAX), (NASDAQ: LNEBX), (NASDAQ:
LNECX),
(NASDAQ: LNEZX)
Columbia European Thematic Equity Fund (NASDAQ: LSREX)
Columbia Global Equity Fund (NASDAQ: CGUAX), (NASDAQ: CGUBX),
(NASDAQ: CGUCX)
Columbia Global Thematic Equity Fund: (NASDAQ: LSRGX)
Columbia International Equity Fund (NASDAQ: LIEAX), (NASDAQ:
LIEBX),
(NASDAQ: LIECX), (NASDAQ: GBIEX), (NASDAQ: GAIEX), (NASDAQ:
GIETX)
Columbia International Stock Fund (NASDAQ: CISAX), (NASDAQ:
CISBX),
(NASDAQ: CSKCX), (NASDAQ: CISDX), (NASDAQ: CMISX)
Columbia Newport Asia Pacific Fund (NASDAQ: NWAPX), (NASDAQ:
LNABX),
(NASDAQ: LNACX), (NASDAQ: LAPSX)
Columbia Newport Japan Opportunities Fund (NASDAQ: NJOAX),
(NASDAQ: NJOBX),
(NASDAQ: NJOCX), (NASDAQ: LNJZX)
Columbia Newport Greater China Fund (NASDAQ: NGCAX), (NASDAQ:
NGCBX),
(NASDAQ: NGCCX), (NASDAQ: LNGZX)
Columbia Newport Tiger Fund (NASDAQ: CNTAX), (NASDAQ: CNTBX),
(NASDAQ: CNTDX), (NASDAQ: CNTTX), (NASDAQ: CNTZX)
Columbia Contrarian Income Fund (NASDAQ: CHINX), (NASDAQ:
LCIBX),
(NASDAQ: LCICX), (NASDAQ: LCIZX)
Columbia Corporate Bond Fund (NASDAQ: LBCAX), (NASDAQ: LBCBX),
(NASDAQ: LBCCX),
(NASDAQ: GCBTX)
Columbia Daily Income Company Fund (NASDAQ: CDIXX)
Columbia Federal Securities Fund (NASDAQ: CFSAX), (NASDAQ:
CFSOX),
(NASDAQ: CFSCX), (NASDAQ: LFSZX)
Columbia Fixed Income Securities Fund (NASDAQ: CFIAX), (NASDAQ:
CFIBX),
(NASDAQ: CISCX), (NASDAQ: CFIDX), (NASDAQ: CFISX)
Columbia Floating Rate Advantage Fund (NASDAQ: XSFRX), (NASDAQ:
XSFBX),
(NASDAQ: XLACX), (NASDAQ: XLAZX)
Columbia Floating Rate Fund (NASDAQ: XLFAX), (NASDAQ: XLSBX),
(NASDAQ: XLFCX), (NASDAQ: XLFZX)
Columbia High Yield Fund (NASDAQ: CHGAX), (NASDAQ: CHGBX),
(NASDAQ: CHDCX),
(NASDAQ: CHGDX), (NASDAQ: CMHYX)
Columbia High Yield Opportunity Fund (NASDAQ: COLHX), (NASDAQ:
COHBX),
(NASDAQ: CHYCX), (NASDAQ: LHYZX)
Columbia Income Fund(NASDAQ: LIIAX), (NASDAQ: CIOBX), (NASDAQ:
CIOCX),
(NASDAQ: SRINX)
Columbia Intermediate Bond Fund (NASDAQ: LIBAX), (NASDAQ:
LIBBX),
(NASDAQ: LIBCX), (NASDAQ: SRBFX)
Columbia Intermediate Government Income Fund (NASDAQ: LIGAX),
(NASDAQ: LIGBX), (NASDAQ: LIGCX), (NASDAQ: GGIBX), (NASDAQ:
GALBX),
(NASDAQ: GIBTX)
Columbia Money Market Fund (NASDAQ: CMMXX), (NASDAQ: CMBXX),
(NASDAQ: CMCXX), (NASDAQ: LMZXX)
Columbia Quality Plus Bond Fund (NASDAQ: LQPAX), (NASDAQ:
LQPBX),
(NASDAQ: LQPCX), (NASDAQ: GBHQX), (NASDAQ: GAHQX), (NASDAQ:
GHQTX)
Columbia Short Term Bond Fund (NASDAQ: CTBAX), (NASDAQ: CTBBX),
(NASDAQ: CSHCX), (NASDAQ: CTBDX), (NASDAQ: CTBGX), (NASDAQ:
CTBTX),
(NASDAQ: CUGGX)
Columbia Strategic Income Fund (NASDAQ: COSIX), (NASDAQ: CLSBX),
(NASDAQ: CLSCX), (NASDAQ: LSIZX)
Columbia US Treasury Index Fund (NASDAQ: LUTAX), (NASDAQ:
LUTBX),
(NASDAQ: LUTCX), (NASDAQ: IUTIX)
Columbia California Tax-Exempt Fund (NASDAQ: CLMPX), (NASDAQ:
CCABX),
(NASDAQ: CCAOX)
Columbia Connecticut Intermediate Municipal Bond (NASDAQ:
LCTAX),
(NASDAQ: LCTBX), (NASDAQ: LCTCX), (NASDAQ: GCBBX), (NASDAQ:
GCBAX),
(NASDAQ: SCTEX)
Columbia Connecticut Tax-Exempt Fund (NASDAQ: COCTX), (NASDAQ:
CCTBX),
(NASDAQ: CCTCX)
Columbia Florida Intermediate Municipal Bond Fund (NASDAQ:
LFIAX),
(NASDAQ: LFIBX), (NASDAQ: LFICX), (NASDAQ: SFTEX)
Columbia High Yield Municipal Fund (NASDAQ: LHIAX), (NASDAQ:
CHMBX),
(NASDAQ: CHMCX), (NASDAQ: SRHMX)
Columbia Intermediate Tax-Exempt Bond Fund (NASDAQ: LITAX),
(NASDAQ: LITBX), (NASDAQ: LITCX), (NASDAQ: GIMBX), (NASDAQ:
GIMAX),
(NASDAQ: SETMX)
Columbia Managed Municipals Fund (NASDAQ: LMMAX), (NASDAQ:
LMMBX),
(NASDAQ: LMMCX), (NASDAQ: SRMMX)
Columbia Massachusetts Intermediate Municipal Bond Fund (NASDAQ:
LMIAX),
(NASDAQ: LMIBX), (NASDAQ: LMICX), (NASDAQ: GMBBX), (NASDAQ:
GMBAX),
(NASDAQ: SEMAX)
Columbia Massachusetts Tax-Exempt Fund (NASDAQ: COMAX), (NASDAQ:
CMABX),
(NASDAQ: COMCX)
Columbia Municipal Money Market Fund (NASDAQ: CXMXX), (NASDAQ:
CMNXX),
(NASDAQ: CMXXX), (NASDAQ: CMZXX)
Columbia National Municipal Bond Fund (NASDAQ: CNLAX), (NASDAQ:
CNLBX),
(NASDAQ: CNBCX), (NASDAQ: CNLDX), (NASDAQ: CLNMX)
Columbia New Jersey Intermediate Municipal Bond Fund (NASDAQ:
LNIAX),
(NASDAQ: LNIBX), (NASDAQ: LNICX), (NASDAQ: GNJBX), (NASDAQ:
GNJAX),
(NASDAQ: GNJTX)
Columbia New York Intermediate Municipal Bond Fund (NASDAQ:
LNYAX),
(NASDAQ: LNYBX), (NASDAQ: LNYCX), (NASDAQ: GBNYX), (NASDAQ:
GANYX),
(NASDAQ: GNYTX)
Columbia New York Tax-Exempt Fund (NASDAQ: COLNX), (NASDAQ:
CNYBX),
(NASDAQ: CNYCX)
Columbia Oregon Municipal Bond Fund (NASDAQ: COEAX), (NASDAQ:
COEBX),
(NASDAQ: CORCX), (NASDAQ: COEDX), (NASDAQ: CMBFX)
Columbia Pennsylvania Intermediate Municipal Bond Fund (NASDAQ:
LPIAX),
(NASDAQ: LPIBX), (NASDAQ: LPICX), (NASDAQ: GTPAX)
Columbia Rhode Island Intermediate Municipal Bond Fund (NASDAQ:
LRIAX),
(NASDAQ: LRIBX), (NASDAQ: LRICX), (NASDAQ: GRBBX), (NASDAQ:
GRBAX),
(NASDAQ: GRITX)
Columbia Tax-Exempt Fund (NASDAQ: COLTX), (NASDAQ: CTEBX),
(NASDAQ: COLCX)
Columbia Tax-Exempt Insured Fund (NASDAQ: CEXIX), (NASDAQ:
CEIBX),
(NASDAQ: CEINX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"): AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio. In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges Suit in NY Over Hartford Mutual Funds
----------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Hartford mutual funds
from UBS between May 1, 2000 and April 30, 2005, inclusive (the
"Class Period"), seeking to pursue remedies under the Securities
Act of 1933 (the "Securities Act") and the Securities Exchange
Act of 1934 (the "Exchange Act").

The Hartford mutual funds and their respective symbols are as
follows:

Hartford Advisers A     (NASDAQ: ITTAX)
Hartford Advisers B     (NASDAQ: IHABX)
Hartford Advisers C     (NASDAQ: HAFCX)
Hartford Advisers HLS IA        (NASDAQ: HADAX)
Hartford Advisers HLS IB        (NASDAQ: HAIBX)
Hartford Advisers Y             (NASDAQ: IHAYX)
Hartford Blue Chip HLS IA       (NASDAQ: HBCIX)
Hartford Capital Appreciation A (NASDAQ: ITHAX)
Hartford Capital Appreciation B (NASDAQ: IHCAX)
Hartford Capital Appreciation C (NASDAQ: HCACX)
Hartford Capital Appreciation HLS IA    (NASDAQ: HIACX)
Hartford Capital Appreciation HLS IB    (NASDAQ: HIBCX)
Hartford Capital Appreciation Y (NASDAQ: HCAYX)
Hartford Capital Opportunities HLS IA   (NASDAQ: HCOIX)
Hartford Disciplined Equity A   (NASDAQ: HAIAX)
Hartford Disciplined Equity B   (NASDAQ: HGIBX)
Hartford Disciplined Equity C   (NASDAQ: HGICX)
Hartford Disciplined Equity HLS IA      (NASDAQ: HIAGX)
Hartford Disciplined Equity HLS IB      (NASDAQ: HBGIX)
Hartford Disciplined Equity Y   (NASDAQ: HGIYX)
Hartford Dividend & Growth A    (NASDAQ: IHGIX)
Hartford Dividend & Growth B    (NASDAQ: ITDGX)
Hartford Dividend & Growth C    (NASDAQ: HDGCX)
Hartford Dividend & Growth HLS IA       (NASDAQ: HIADX)
Hartford Dividend & Growth HLS IB       (NASDAQ: HDGBX)
Hartford Dividend & Growth Y    (NASDAQ: HDGYX)
Hartford Equity Income A        (NASDAQ: HQIAX)
Hartford Equity Income B        (NASDAQ: HQIBX)
Hartford Equity Income C        (NASDAQ: HQICX)
Hartford Equity Income HLS IA   (NASDAQ: HIAEX)
Hartford Equity Income HLS IB   (NASDAQ: HIBEX)
Hartford Equity Income Y        (NASDAQ: HQIYX)
Hartford Focus A        (NASDAQ: HFFAX)
Hartford Focus B        (NASDAQ: HFFBX)
Hartford Focus C        (NASDAQ: HFFCX)
Hartford Focus HLS IA   (NASDAQ: HIAFX)
Hartford Focus HLS IB   (NASDAQ: HFCBX)
Hartford Focus Y        (NASDAQ: HFFYX)
Hartford Global Advisers HLS IA (NASDAQ: HGAAX)
Hartford Global Advisers HLS IB (NASDAQ: HGABX)
Hartford Global Comm HLS IA     (NASDAQ: HGCIX)
Hartford Global Comm HLS IB     (NASDAQ: HBGCX)
Hartford Global Communications A        (NASDAQ: HGCAX)
Hartford Global Communications B        (NASDAQ: HGCBX)
Hartford Global Communications C        (NASDAQ: HGCCX)
Hartford Global Communications Y        (NASDAQ: HGCYX)
Hartford Global Financial Svcs A        (NASDAQ: HGFAX)
Hartford Global Financial Svcs B        (NASDAQ: HGFBX)
Hartford Global Financial Svcs C        (NASDAQ: HGFCX)
Hartford Global Financial Svcs HLS IA   (NASDAQ: HFIAX)
Hartford Global Financial Svcs HLS IB   (NASDAQ: HBGFX)
Hartford Global Financial Svcs Y        (NASDAQ: HGFYX)
Hartford Global Health A        (NASDAQ: HGHAX)
Hartford Global Health B        (NASDAQ: HGHBX)
Hartford Global Health C        (NASDAQ: HGHCX)
Hartford Global Health HLS IA   (NASDAQ: HIAHX)
Hartford Global Health HLS IB   (NASDAQ: HBGHX)
Hartford Global Health Y        (NASDAQ: HGHYX)
Hartford Global Leaders A       (NASDAQ: HALAX)
Hartford Global Leaders B       (NASDAQ: HGLBX)
Hartford Global Leaders C       (NASDAQ: HGLCX)
Hartford Global Leaders HLS IA  (NASDAQ: HIALX)
Hartford Global Leaders HLS IB  (NASDAQ: HBGLX)
Hartford Global Leaders Y       (NASDAQ: HGLYX)
Hartford Global Technology A    (NASDAQ: HGTAX)
Hartford Global Technology B    (NASDAQ: HGTBX)
Hartford Global Technology C    (NASDAQ: HGTCX)
Hartford Global Technology HLS IA       (NASDAQ: HIATX)
Hartford Global Technology HLS IB       (NASDAQ: HBGTX)
Hartford Global Technology Y            (NASDAQ: HGTYX)
Hartford Growth A       (NASDAQ: HGWAX)
Hartford Growth B       (NASDAQ: HGWBX)
Hartford Growth C       (NASDAQ: HGWCX)
Hartford Growth H       (NASDAQ: FECHX)
Hartford Growth HLS IA  (NASDAQ: HGIAX)
Hartford Growth HLS IB  (NASDAQ: HBGRX)
Hartford Growth L       (NASDAQ: FECLX)
Hartford Growth M       (NASDAQ: FECBX)
Hartford Growth N       (NASDAQ: FECCX)
Hartford Growth Opportunities A (NASDAQ: HGOAX)
Hartford Growth Opportunities B (NASDAQ: HGOBX)
Hartford Growth Opportunities C (NASDAQ: HGOCX)
Hartford Growth Opportunities H (NASDAQ: FGRHX)
Hartford Growth Opportunities HLS IA    (NASDAQ: HAGOX)
Hartford Growth Opportunities HLS IB    (NASDAQ: HBGOX)
Hartford Growth Opportunities L (NASDAQ: FGRWX)
Hartford Growth Opportunities M (NASDAQ: FGRBX)
Hartford Growth Opportunities N (NASDAQ: FGRCX)
Hartford Growth Opportunities Y (NASDAQ: HGOYX)
Hartford Growth Opportunities Z (NASDAQ: FGRZX)
Hartford Growth Y       (NASDAQ: HGWYX)
Hartford High Yield A   (NASDAQ: HAHAX)
Hartford High Yield B   (NASDAQ: HAHBX)
Hartford High Yield C   (NASDAQ: HAHCX)
Hartford High Yield HLS IA      (NASDAQ: HIAYX)
Hartford High Yield HLS IB      (NASDAQ: HBHYX)
Hartford High Yield Y   (NASDAQ: HAHYX)
Hartford Income A       (NASDAQ: HTIAX)
Hartford Income B       (NASDAQ: HTIBX)
Hartford Income C       (NASDAQ: HTICX)
Hartford Income Y       (NASDAQ: HTIYX)
Hartford Index HLS IA   (NASDAQ: HIAIX)
Hartford Index HLS IB   (NASDAQ: HBIDX)
Hartford Inflation Plus A       (NASDAQ: HIPAX)
Hartford Inflation Plus B       (NASDAQ: HIPBX)
Hartford Inflation Plus C       (NASDAQ: HIPCX)
Hartford Inflation Plus Y       (NASDAQ: HIPYX)
Hartford International Opp HLS IA       (NASDAQ: HIAOX)
Hartford International Opp HLS IB       (NASDAQ: HBIOX)
Hartford International Stock HLS IA     (NASDAQ: HAISX)
Hartford Intl Cap App HLS IA    (NASDAQ: HNCIX)
Hartford Intl Cap App HLS IB    (NASDAQ: HBICX)
Hartford Intl Capital Appr A    (NASDAQ: HNCAX)
Hartford Intl Capital Appr B    (NASDAQ: HNCBX)
Hartford Intl Capital Appr C    (NASDAQ: HNCCX)
Hartford Intl Capital Appr Y    (NASDAQ: HNCYX)
Hartford Intl Opportunities A   (NASDAQ: IHOAX)
Hartford Intl Opportunities B   (NASDAQ: HIOBX)
Hartford Intl Opportunities C   (NASDAQ: HIOCX)
Hartford Intl Opportunities Y   (NASDAQ: HAOYX)
Hartford Intl Small Company A   (NASDAQ: HNSAX)
Hartford Intl Small Company B   (NASDAQ: HNSBX)
Hartford Intl Small Company C   (NASDAQ: HNSCX)
Hartford Intl Small Company HLS IA      (NASDAQ: HNSIX)
Hartford Intl Small Company HLS IB      (NASDAQ: HBISX)
Hartford Intl Small Company Y           (NASDAQ: HNSYX)
Hartford Large Cap Growth HLS IA        (NASDAQ: HLGCX)
Hartford Mid Cap Value A        (NASDAQ: HMVAX)
Hartford Mid Cap Value B        (NASDAQ: HMVBX)
Hartford Mid Cap Value C        (NASDAQ: HMVCX)
Hartford Mid Cap Value Y        (NASDAQ: HMVYX)
Hartford Midcap A       (NASDAQ: HFMCX)
Hartford Midcap B       (NASDAQ: HAMBX)
Hartford Midcap C       (NASDAQ: HMDCX)
Hartford MidCap HLS IA  (NASDAQ: HIMCX)
Hartford MidCap HLS IB  (NASDAQ: HBMCX)
Hartford MidCap Stock HLS IA    (NASDAQ: HMCSX)
Hartford MidCap Value HLS IA    (NASDAQ: HMVIX)
Hartford MidCap Value HLS IB    (NASDAQ: HBMVX)
Hartford Midcap Y               (NASDAQ: HMDYX)
Hartford Mortgage Securities HLS IA     (NASDAQ: HMSIX)
Hartford Mortgage Securities HLS IB     (NASDAQ: HBMGX)
Hartford Short Duration A       (NASDAQ: HSDAX)
Hartford Short Duration B       (NASDAQ: HSDBX)
Hartford Short Duration C       (NASDAQ: HSDCX)
Hartford Short Duration Y       (NASDAQ: HSDYX)
Hartford Small Cap Growth A     (NASDAQ: HSLAX)

Hartford Small Cap Growth B     (NASDAQ: HSLBX)
Hartford Small Cap Growth C     (NASDAQ: HSLCX)
Hartford Small Cap Growth H     (NASDAQ: FACHX)
Hartford Small Cap Growth L     (NASDAQ: FACAX)
Hartford Small Cap Growth M     (NASDAQ: FACBX)
Hartford Small Cap Growth N     (NASDAQ: FACCX)
Hartford Small Cap Growth Y     (NASDAQ: HSLYX)
Hartford Small Cap Value HLS IA (NASDAQ: HSCGX)
Hartford Small Cap Value HLS IB (NASDAQ: HBSCX)
Hartford Small Company A        (NASDAQ: IHSAX)
Hartford Small Company B        (NASDAQ: HSCBX)
Hartford Small Company C        (NASDAQ: HSMCX)
Hartford Small Company HLS IA   (NASDAQ: HIASX)
Hartford Small Company HLS IB   (NASDAQ: HDMBX)
Hartford Small Company Y        (NASDAQ: HSCYX)
Hartford SmallCap Growth HLS IA (NASDAQ: HISCX)
Hartford SmallCap Growth HLS IB (NASDAQ: HBSGX)
Hartford Stock A        (NASDAQ: IHSTX)
Hartford Stock B        (NASDAQ: ITSBX)
Hartford Stock C        (NASDAQ: HSFCX)
Hartford Stock HLS IA   (NASDAQ: HSTAX)
Hartford Stock HLS IB   (NASDAQ: HIBSX)
Hartford Stock Y        (NASDAQ: HASYX)
Hartford Tax-Free CA A  (NASDAQ: HTFAX)
Hartford Tax-Free CA B  (NASDAQ: HTFBX)
Hartford Tax-Free CA C  (NASDAQ: HTFCX)
Hartford Tax-Free MN A  (NASDAQ: HTMAX)
Hartford Tax-Free MN B  (NASDAQ: HTMBX)
Hartford Tax-Free MN C  (NASDAQ: HTMCX)
Hartford Tax-Free MN E  (NASDAQ: FTMNX)
Hartford Tax-Free MN H  (NASDAQ: FTMHX)
Hartford Tax-Free MN L  (NASDAQ: FTMAX)
Hartford Tax-Free MN M  (NASDAQ: FTMBX)
Hartford Tax-Free MN N  (NASDAQ: FTMCX)
Hartford Tax-Free MN Y  (NASDAQ: HTMYX)
Hartford Tax-Free National A    (NASDAQ: HTNAX)
Hartford Tax-Free National B    (NASDAQ: HTNBX)
Hartford Tax-Free National C    (NASDAQ: HTNCX)
Hartford Tax-Free National E    (NASDAQ: FTNLX)
Hartford Tax-Free National H    (NASDAQ: FTNHX)
Hartford Tax-Free National L    (NASDAQ: FTNAX)
Hartford Tax-Free National M    (NASDAQ: FTNBX)
Hartford Tax-Free National N    (NASDAQ: FTNKX)
Hartford Tax-Free National Y    (NASDAQ: HTNYX)
Hartford Tax-Free NY A          (NASDAQ: HTYAX)
Hartford Tax-Free NY B          (NASDAQ: HTYBX)
Hartford Tax-Free NY C          (NASDAQ: HTYCX)
Hartford Total Return Bond A    (NASDAQ: ITBAX)
Hartford Total Return Bond B    (NASDAQ: ITBBX)
Hartford Total Return Bond C                (NASDAQ: HABCX)
Hartford Total Return Bond HLS IA           (NASDAQ: HIABX)
Hartford Total Return Bond HLS IB           (NASDAQ: HBNBX)
Hartford Total Return Bond Y                (NASDAQ: HABYX)
Hartford U.S. Government Secs HLS IA    (NASDAQ: HAUSX)
Hartford U.S. Government Secs HLS IB    (NASDAQ: HBUSX)
Hartford U.S. Government Securities A   (NASDAQ: HUSAX)
Hartford U.S. Government Securities B   (NASDAQ: HUSBX)
Hartford U.S. Government Securities C   (NASDAQ: HUSCX)
Hartford U.S. Government Securities E   (NASDAQ: FIUGX)
Hartford U.S. Government Securities H   (NASDAQ: FIUHX)
Hartford U.S. Government Securities L   (NASDAQ: FIUAX)
Hartford U.S. Government Securities M   (NASDAQ: FIPBX)
Hartford U.S. Government Securities N   (NASDAQ: FIUCX)
Hartford U.S. Government Securities Y   (NASDAQ: HUSYX)
Hartford Value A                        (NASDAQ: HVFAX)
Hartford Value B                        (NASDAQ: HVFBX)
Hartford Value C                        (NASDAQ: HVFCX)
Hartford Value HLS IA                   (NASDAQ: HIAVX)
Hartford Value HLS IB                   (NASDAQ: HBVLX)
Hartford Value Opportunities A  (NASDAQ: HVOAX)
Hartford Value Opportunities B  (NASDAQ: HVOBX)
Hartford Value Opportunities C  (NASDAQ: HVOCX)
Hartford Value Opportunities H  (NASDAQ: FVAHX)
Hartford Value Opportunities HLS IA     (NASDAQ: HAVOX)
Hartford Value Opportunities HLS IB     (NASDAQ: HBVOX)
Hartford Value Opportunities L  (NASDAQ: FVAAX)
Hartford Value Opportunities M  (NASDAQ: FVABX)
Hartford Value Opportunities N  (NASDAQ: FRVCX)
Hartford Value Opportunities Y  (NASDAQ: HVOYX)
Hartford Value Y                          (NASDAQ: HVFYX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"):AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio .In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Files NY Suit Over John Hancock Mutual Funds
----------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased John Hancock mutual
funds from UBS between May 1, 2000 and April 30, 2005, inclusive
(the "Class Period"), seeking to pursue remedies under the
Securities Act of 1933 (the "Securities Act") and the Securities
Exchange Act of 1934 (the "Exchange Act").

The John Hancock mutual funds and their respective symbols are
as follows:

John Hancock Balanced A  (NASDAQ: SVBAX)
John Hancock Balanced B  (NASDAQ: SVBBX)
John Hancock Balanced C  (NASDAQ: SVBCX)
John Hancock Balanced I  (NASDAQ: SVBIX)
John Hancock Bond A (NASDAQ: JHNBX)
John Hancock Bond B (NASDAQ: JHBBX)
John Hancock Bond C (NASDAQ: JHCBX)
John Hancock Bond I (NASDAQ: JHBIX)
John Hancock Bond R (NASDAQ: JHBRX)
John Hancock CA Tax-Free Income A  (NASDAQ: TACAX)
John Hancock CA Tax-Free Income B  (NASDAQ: TSCAX)
John Hancock CA Tax-Free Income C  (NASDAQ: TCCAX)
John Hancock Classic Value A  (NASDAQ: PZFVX)
John Hancock Classic Value B  (NASDAQ: JCVBX)
John Hancock Classic Value C  (NASDAQ: JCVCX)
John Hancock Classic Value I  (NASDAQ: JCVIX)
John Hancock Classic Value R  (NASDAQ: JCVRX)
John Hancock Core Equity A    (NASDAQ: JHDCX)
John Hancock Core Equity B    (NASDAQ: JHIDX)
John Hancock Core Equity C    (NASDAQ: JHCEX)
John Hancock Core Equity I    (NASDAQ: JHCIX)
John Hancock Financial Industries A     (NASDAQ: FIDAX)
John Hancock Financial Industries B     (NASDAQ: FIDBX)
John Hancock Financial Industries C     (NASDAQ: FIDCX)
John Hancock Financial Industries I     (NASDAQ: FIDIX)
John Hancock Focused Equity A       (NASDAQ: JFVAX)
John Hancock Focused Equity B       (NASDAQ: JFVBX)
John Hancock Focused Equity C        (NASDAQ: JFVCX)
John Hancock Government Income A   (NASDAQ: JHGIX)
John Hancock Government Income B   (NASDAQ: TSGIX)
John Hancock Government Income C   (NASDAQ: TCGIX)
John Hancock Greater China Opp A   (NASDAQ: JCOAX)
John Hancock Greater China Opp B   (NASDAQ: JCOBX)
John Hancock Greater China Opp C   (NASDAQ: JCOCX)
John Hancock Greater China Opp I   (NASDAQ: JCOIX)
John Hancock Growth Trends A  (NASDAQ: JGTAX)
John Hancock Growth Trends B  (NASDAQ: JGTBX)
John Hancock Growth Trends C  (NASDAQ: JGTCX)
John Hancock Health Sciences A     (NASDAQ: JHGRX)
John Hancock Health Sciences B     (NASDAQ: JHRBX)
John Hancock Health Sciences C     (NASDAQ: JHRCX)
John Hancock High Income A    (NASDAQ: JAHIX)
John Hancock High Income B    (NASDAQ: JBHIX)
John Hancock High Income C    (NASDAQ: JCHIX)
John Hancock High Income I    (NASDAQ: JIHIX)
John Hancock High-Yield A     (NASDAQ: JHHBX)
John Hancock High-Yield B     (NASDAQ: TSHYX)
John Hancock High-Yield C     (NASDAQ: JHYCX)
John Hancock High-Yield Muni Bond A     (NASDAQ: JHTFX)
John Hancock High-Yield Muni Bond B           (NASDAQ: TSHTX)
John Hancock High-Yield Muni Bond C     (NASDAQ: JCTFX)
John Hancock Indep Divers Core Eq II    (NASDAQ: COREX)
John Hancock International A  (NASDAQ: FINAX)
John Hancock International B  (NASDAQ: FINBX)
John Hancock International C  (NASDAQ: JINCX)
John Hancock International I  (NASDAQ: JINIX)
John Hancock Investment Grade Bond A    (NASDAQ: TAUSX)
John Hancock Investment Grade Bond B    (NASDAQ: TSUSX)
John Hancock Investment Grade Bond C    (NASDAQ: TCUSX)
John Hancock Investment Grade Bond I    (NASDAQ: TIUSX)
John Hancock Large Cap Equity A    (NASDAQ: TAGRX)
John Hancock Large Cap Equity B    (NASDAQ: TSGWX)
John Hancock Large Cap Equity C    (NASDAQ: JHLVX)
John Hancock Large Cap Equity I    (NASDAQ: JLVIX)
John Hancock Large Cap Select A    (NASDAQ: MSBFX)
John Hancock Large Cap Select B    (NASDAQ: JHLBX)
John Hancock Large Cap Select C    (NASDAQ: JHLCX)
John Hancock Large Cap Select I    (NASDAQ: JHLIX)
John Hancock Large Cap Select R    (NASDAQ: JHLRX)
John Hancock MA Tax-Free Income A  (NASDAQ: JHMAX)
John Hancock MA Tax-Free Income B  (NASDAQ: JHMBX)
John Hancock MA Tax-Free Income C  (NASDAQ: JMACX)
John Hancock Mid Cap Growth A      (NASDAQ: SPOAX)
John Hancock Mid Cap Growth B   (NASDAQ: SPOBX)
John Hancock Mid Cap Growth C   (NASDAQ: SPOCX)
John Hancock Mid Cap Growth I   (NASDAQ: SPOIX)
John Hancock Multi-Cap Growth A    (NASDAQ: JMGAX)
John Hancock Multi-Cap Growth B    (NASDAQ: JMGBX)
John Hancock Multi-Cap Growth C    (NASDAQ: JMGCX)
John Hancock NY Tax-Free Income A  (NASDAQ: JHNYX)
John Hancock NY Tax-Free Income B  (NASDAQ: JNTRX)
John Hancock NY Tax-Free Income C  (NASDAQ: JNYCX)
John Hancock Real Estate A    (NASDAQ: JREAX)
John Hancock Real Estate B    (NASDAQ: JREBX)
John Hancock Real Estate C    (NASDAQ: JRECX)
John Hancock Regional Bank A  (NASDAQ: FRBAX)
John Hancock Regional Bank B  (NASDAQ: FRBFX)
John Hancock Regional Bank C  (NASDAQ: FRBCX)
John Hancock Small Cap A (NASDAQ: DSISX)
John Hancock Small Cap B (NASDAQ: DSBSX)
John Hancock Small Cap C       (NASDAQ: DSCSX)
John Hancock Small Cap Equity A    (NASDAQ: SPVAX)
John Hancock Small Cap Equity B    (NASDAQ: SPVBX)
John Hancock Small Cap Equity C    (NASDAQ: SPVCX)
John Hancock Small Cap Equity I    (NASDAQ: SPVIX)
John Hancock Small Cap Equity R    (NASDAQ: SPVRX)
John Hancock Small Cap Growth A    (NASDAQ: TAEMX)
John Hancock Small Cap Growth B    (NASDAQ: TSEGX)
John Hancock Small Cap Growth C    (NASDAQ: JSGCX)
John Hancock Small Cap Growth I    (NASDAQ: JSGIX)
John Hancock Small Cap I       (NASDAQ: DSIIX)
John Hancock Sovereign Investors A (NASDAQ: SOVIX)
John Hancock Sovereign Investors B (NASDAQ: SOVBX)
John Hancock Sovereign Investors C (NASDAQ: SOVCX)
John Hancock Sovereign Investors I (NASDAQ: SOIIX)
John Hancock Sovereign Investors R (NASDAQ: SVIRX)
John Hancock Strategic Income A    (NASDAQ: JHFIX)
John Hancock Strategic Income B    (NASDAQ: STIBX)
John Hancock Strategic Income C    (NASDAQ: JSTCX)
John Hancock Strategic Income I    (NASDAQ: JSTIX)
John Hancock Strategic Income R    (NASDAQ: JSTRX)
John Hancock Tax-Free Bond A  (NASDAQ: TAMBX)
John Hancock Tax-Free Bond B  (NASDAQ: TSMBX)
John Hancock Tax-Free Bond C  (NASDAQ: TBMBX)
John Hancock Technology A     (NASDAQ: NTTFX)
John Hancock Technology B     (NASDAQ: FGTBX)
John Hancock Technology C     (NASDAQ: JHTCX)
John Hancock Technology I     (NASDAQ: JHTIX)
John Hancock Technology Leaders A        (NASDAQ: LUX)RX)
John Hancock Technology Leaders B        (NASDAQ: JTLBX)
John Hancock Technology Leaders C        (NASDAQ: JTLCX)
John Hancock Technology Leaders I        (NASDAQ: JTLIX)
John Hancock U.S. Global Leaders Gr A   (NASDAQ: USGLX)
John Hancock U.S. Global Leaders Gr B   (NASDAQ: USLBX)
John Hancock U.S. Global Leaders Gr C   (NASDAQ: USLCX)
John Hancock U.S. Global Leaders Gr I   (NASDAQ: USLIX)
John Hancock U.S. Global Leaders Gr R   (NASDAQ: UGLRX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"): AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio. In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges NY Suit Over Lord Abbett Mutual Funds
----------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Lord Abbett mutual
funds from UBS between May 1, 2000 and April 30, 2005, inclusive
(the "Class Period"), seeking to pursue remedies under the
Securities Act of 1933 (the "Securities Act") and the Securities
Exchange Act of 1934 (the "Exchange Act").

The Lord Abbett mutual funds and their respective symbols are as
follows:

Lord Abbett Affiliated A                       (NASDAQ: LAFFX)
Lord Abbett Affiliated B                       (NASDAQ: LAFBX)
Lord Abbett Affiliated C                       (NASDAQ: LAFCX)
Lord Abbett Affiliated P                       (NASDAQ: LAFPX)
Lord Abbett Affiliated Y                       (NASDAQ: LAFYX)
Lord Abbett All Value A                        (NASDAQ: LDFVX)
Lord Abbett All Value B                        (NASDAQ: GILBX)
Lord Abbett All Value C                        (NASDAQ: GILAX)
Lord Abbett All Value P                        (NASDAQ: LAVPX)
Lord Abbett All Value Y                        (NASDAQ: LAVYX)
Lord Abbett Alpha A                            (NASDAQ: ALFAX)
Lord Abbett Alpha B                            (NASDAQ: ALFBX)
Lord Abbett Alpha C                            (NASDAQ: ALFCX)
Lord Abbett America's Value A                  (NASDAQ: LAMAX)
Lord Abbett America's Value B                  (NASDAQ: LAMBX)
Lord Abbett America's Value C                  (NASDAQ: LAMCX)
Lord Abbett America's Value P                  (NASDAQ: LAMPX)
Lord Abbett America's Value Y                  (NASDAQ: LAMYX)
Lord Abbett Balanced A                         (NASDAQ: LABFX)
Lord Abbett Balanced B                         (NASDAQ: LABBX)
Lord Abbett Balanced C                         (NASDAQ: BFLAX)
Lord Abbett Balanced P                         (NASDAQ: LABPX)
Lord Abbett Bond-Debenture A                   (NASDAQ: LBNDX)
Lord Abbett Bond-Debenture B                   (NASDAQ: LBNBX)
Lord Abbett Bond-Debenture C                   (NASDAQ: BDLAX)
Lord Abbett Bond-Debenture P                   (NASDAQ: LBNPX)
Lord Abbett Bond-Debenture Y                   (NASDAQ: LBNYX)
Lord Abbett CA Tax-Free Income A               (NASDAQ: LCFIX)
Lord Abbett CA Tax-Free Income C               (NASDAQ: CALAX)
Lord Abbett Convertible A                      (NASDAQ: LACFX)
Lord Abbett Convertible B                      (NASDAQ: LBCFX)
Lord Abbett Convertible C                      (NASDAQ: LACCX)
Lord Abbett Convertible P                      (NASDAQ: LCFPX)
Lord Abbett Convertible Y                      (NASDAQ: LCFYX)
Lord Abbett Core Fixed Income A                (NASDAQ: LCRAX)
Lord Abbett Core Fixed Income B                (NASDAQ: LCRBX)
Lord Abbett Core Fixed Income C                (NASDAQ: LCRCX)
Lord Abbett Core Fixed Income P                (NASDAQ: LCRPX)
Lord Abbett Core Fixed Income Y                (NASDAQ: LCRYX)
Lord Abbett CT Tax-Free Income A               (NASDAQ: LACTX)
Lord Abbett Developing Growth A                (NASDAQ: LAGWX)
Lord Abbett Developing Growth B                (NASDAQ: LADBX)
Lord Abbett Developing Growth C                (NASDAQ: LADCX)
Lord Abbett Developing Growth P                (NASDAQ: LADPX)
Lord Abbett Developing Growth Y                (NASDAQ: LADYX)
Lord Abbett FL Tax-Free Income A               (NASDAQ: LAFLX)
Lord Abbett FL Tax-Free Income C               (NASDAQ: FLLAX)
Lord Abbett GA Tax-Free Income A               (NASDAQ: LAGAX)
Lord Abbett Global Equity A                    (NASDAQ: LAGEX)
Lord Abbett Global Equity B                    (NASDAQ: LAGBX)
Lord Abbett Global Equity C                    (NASDAQ: LAGCX)
Lord Abbett Global Income A                    (NASDAQ: LAGIX)
Lord Abbett Global Income B                    (NASDAQ: LAIBX)
Lord Abbett Global Income C                    (NASDAQ: GBLAX)
Lord Abbett Global Income P                    (NASDAQ: LGIPX)
Lord Abbett Growth Opportunities A             (NASDAQ: LMGAX)
Lord Abbett Growth Opportunities B             (NASDAQ: LMGBX)
Lord Abbett Growth Opportunities C             (NASDAQ: LMGCX)
Lord Abbett Growth Opportunities P             (NASDAQ: LGOPX)
Lord Abbett Growth Opportunities Y             (NASDAQ: LMGYX)
Lord Abbett HI Tax-Free Income A               (NASDAQ: LAHIX)
Lord Abbett High Yield A                       (NASDAQ: LHYAX)
Lord Abbett High Yield B                       (NASDAQ: LHYBX)
Lord Abbett High Yield C                       (NASDAQ: LHYCX)
Lord Abbett High Yield Municipal Bond A        (NASDAQ: HYMAX)
Lord Abbett High Yield Municipal Bond B        (NASDAQ: HYMBX)
Lord Abbett High Yield Municipal Bond C        (NASDAQ: HYMCX)
Lord Abbett High Yield Municipal Bond P        (NASDAQ: HYMPX)
Lord Abbett High Yield P                       (NASDAQ: LHYPX)
Lord Abbett High Yield Y                       (NASDAQ: LAHYX)
Lord Abbett Income Strategy A                  (NASDAQ: ISFAX)
Lord Abbett Income Strategy B                  (NASDAQ: ISFBX)
Lord Abbett Income Strategy C                  (NASDAQ: ISFCX)
Lord Abbett Income Strategy P                  (NASDAQ: ISFPX)
Lord Abbett Income Strategy Y                  (NASDAQ: ISFYX)
Lord Abbett Insured Intermediate Tx-Fr A       (NASDAQ: LISAX)
Lord Abbett Insured Intermediate Tx-Fr B       (NASDAQ: LISBX)
Lord Abbett Insured Intermediate Tx-Fr C       (NASDAQ: LISCX)
Lord Abbett Insured Intermediate Tx-Fr P       (NASDAQ: LISPX)
Lord Abbett International Opp A                (NASDAQ: LAIEX)
Lord Abbett International Opp B                (NASDAQ: LINBX)
Lord Abbett International Opp C                (NASDAQ: LINCX)
Lord Abbett International Opp P                (NASDAQ: LINPX)
Lord Abbett International Opp Y                (NASDAQ: LINYX)
Lord Abbett Intl Core Equity A                 (NASDAQ: LICAX)
Lord Abbett Intl Core Equity B                 (NASDAQ: LICBX)
Lord Abbett Intl Core Equity C                 (NASDAQ: LICCX)
Lord Abbett Intl Core Equity P                 (NASDAQ: LICPX)
Lord Abbett Intl Core Equity Y                 (NASDAQ: LICYX)
Lord Abbett Large-Cap Core A                   (NASDAQ: LRLCX)
Lord Abbett Large-Cap Core B                   (NASDAQ: LARBX)
Lord Abbett Large-Cap Core C                   (NASDAQ: LLRCX)
Lord Abbett Large-Cap Core P                   (NASDAQ: LRLPX)
Lord Abbett Large-Cap Core Y                   (NASDAQ: LARYX)
Lord Abbett Large-Cap Growth A                 (NASDAQ: LALCX)
Lord Abbett Large-Cap Growth B                 (NASDAQ: LALBX)
Lord Abbett Large-Cap Growth C                 (NASDAQ: LACGX)
Lord Abbett Large-Cap Growth P                 (NASDAQ: LLCPX)
Lord Abbett Large-Cap Growth Y                 (NASDAQ: LALYX)
Lord Abbett Large-Cap Value A                  (NASDAQ: LALAX)
Lord Abbett Large-Cap Value B                  (NASDAQ: LLCBX)
Lord Abbett Large-Cap Value C                  (NASDAQ: LLCCX)
Lord Abbett Large-Cap Value P                  (NASDAQ: LALPX)
Lord Abbett Large-Cap Value Y                  (NASDAQ: LLCYX)
Lord Abbett Ltd Dur U.S. Govt Secs A           (NASDAQ: LALDX)
Lord Abbett Ltd Dur U.S. Govt Secs B           (NASDAQ: LLTBX)
Lord Abbett Ltd Dur U.S. Govt Secs C           (NASDAQ: LDLAX)
Lord Abbett MI Tax-Free Income A               (NASDAQ: LAMIX)
Lord Abbett Mid-Cap Value A                    (NASDAQ: LAVLX)
Lord Abbett Mid-Cap Value B                    (NASDAQ: LMCBX)
Lord Abbett Mid-Cap Value C                    (NASDAQ: LMCCX)
Lord Abbett Mid-Cap Value P                    (NASDAQ: LMCPX)
Lord Abbett Mid-Cap Value Y                    (NASDAQ: LMCYX)
Lord Abbett MN Tax-Free Income A               (NASDAQ: LAMNX)
Lord Abbett MO Tax-Free Income A               (NASDAQ: LAMOX)
Lord Abbett Natl Tax-Free Income A             (NASDAQ: LANSX)
Lord Abbett Natl Tax-Free Income B             (NASDAQ: LANBX)
Lord Abbett Natl Tax-Free Income C             (NASDAQ: LTNSX)
Lord Abbett NJ Tax-Free Income A               (NASDAQ: LANJX)
Lord Abbett NY Tax-Free Income A               (NASDAQ: LANYX)
Lord Abbett NY Tax-Free Income C               (NASDAQ: NYLAX)
Lord Abbett PA Tax-Free Income A               (NASDAQ: LAPAX)
Lord Abbett Small-Cap Blend A                  (NASDAQ: LSBAX)

Lord Abbett Small-Cap Blend B                  (NASDAQ: LSBBX)
Lord Abbett Small-Cap Blend C                  (NASDAQ: LSBCX)
Lord Abbett Small-Cap Blend P                  (NASDAQ: LSBPX)
Lord Abbett Small-Cap Blend Y                  (NASDAQ: LSBYX)
Lord Abbett Small-Cap Value A                  (NASDAQ: LRSCX)
Lord Abbett Small-Cap Value B                  (NASDAQ: LRSBX)
Lord Abbett Small-Cap Value C                  (NASDAQ: LSRCX)
Lord Abbett Small-Cap Value P                  (NASDAQ: LRSPX)
Lord Abbett Small-Cap Value Y                  (NASDAQ: LRSYX)
Lord Abbett Total Return A                     (NASDAQ: LTRAX)
Lord Abbett Total Return B                     (NASDAQ: LTRBX)
Lord Abbett Total Return C                     (NASDAQ: LTRCX)
Lord Abbett Total Return P                     (NASDAQ: LTRPX)
Lord Abbett Total Return Y                     (NASDAQ: LTRYX)
Lord Abbett TX Tax-Free Income A               (NASDAQ: LATIX)
Lord Abbett U.S. Gov & Gov Spnsd Entpr A       (NASDAQ: LAGVX)
Lord Abbett U.S. Gov & Gov Spnsd Entpr B       (NASDAQ: LAVBX)
Lord Abbett U.S. Gov & Gov Spnsd Entpr C       (NASDAQ: LAUSX)
Lord Abbett WA Tax-Free Income A               (NASDAQ: LAWAX)
Lord Abbett World Growth & Inc Strat B         (NASDAQ: LWSBX)
Lord Abbett World Growth & Inc Strat C         (NASDAQ: LWSCX)
Lord Abbett World Growth & Inc Strat P         (NASDAQ: LWSPX)
Lord Abbett World Growth & Inc Strat Y         (NASDAQ: LWSYX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"): AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio. In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges Suit in NY Over Pioneer Mutual Funds
---------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Pioneer mutual funds
from UBS between May 1, 2000 and April 30, 2005, inclusive (the
"Class Period"), seeking to pursue remedies under the Securities
Act of 1933 (the "Securities Act") and the Securities Exchange
Act of 1934 (the "Exchange Act").

The Pioneer mutual funds and their respective symbols are as
follows:

Pioneer A                       (NASDAQ: PIODX)
Pioneer America Income Trust A  (NASDAQ: PUSGX)
Pioneer America Income Trust B  (NASDAQ: PBUSX)
Pioneer America Income Trust C  (NASDAQ: PCUSX)
Pioneer America Income Trust Inv    (NASDAQ: PUSIX)
Pioneer AmPac Growth A              (NASDAQ: PAPRX)
Pioneer AmPac Growth B              (NASDAQ: PRABX)
Pioneer AmPac Growth C              (NASDAQ: PRRCX)
Pioneer AmPac Growth R              (NASDAQ: PRFRX)
Pioneer B                           (NASDAQ: PBODX)
Pioneer Balanced A      (NASDAQ: MOMIX)
Pioneer Balanced B      (NASDAQ: PBMIX)
Pioneer Balanced C      (NASDAQ: PCMPX)
Pioneer Balanced Inv    (NASDAQ: MOIIX)
Pioneer Bond A          (NASDAQ: PIOBX)
Pioneer Bond B          (NASDAQ: PBOBX)
Pioneer Bond C          (NASDAQ: PCYBX)
Pioneer Bond Inv        (NASDAQ: BFIOX)
Pioneer Bond R        (NASDAQ: PBFRX)
Pioneer Bond Y        (NASDAQ: PICYX)
Pioneer C             (NASDAQ: PCODX)
Pioneer CA Tax Free Income A    (NASDAQ: CATAX)
Pioneer CA Tax Free Income B    (NASDAQ: CATBX)
Pioneer CA Tax Free Income C    (NASDAQ: CATCX)
Pioneer CA Tax Free Income Inv  (NASDAQ: CATIX)
Pioneer Cullen Value A              (NASDAQ: CVFCX)
Pioneer Cullen Value B              (NASDAQ: CVFBX)
Pioneer Cullen Value C              (NASDAQ: CVCFX)
Pioneer Cullen Value Y              (NASDAQ: CVFYX)
Pioneer Emerging Markets A      (NASDAQ: PEMFX)
Pioneer Emerging Markets B      (NASDAQ: PBEFX)
Pioneer Emerging Markets C      (NASDAQ: PCEFX)
Pioneer Emerging Markets Y      (NASDAQ: PYEFX)
Pioneer Equity Opportunity A    (NASDAQ: PEOFX)
Pioneer Equity Opportunity B    (NASDAQ: PEOBX)
Pioneer Equity Opportunity C    (NASDAQ: PEOCX)
Pioneer Equity-Income A (NASDAQ: PEQIX)
Pioneer Equity-Income B (NASDAQ: PBEQX)
Pioneer Equity-Income C (NASDAQ: PCEQX)
Pioneer Equity-Income R (NASDAQ: PQIRX)
Pioneer Equity-Income Y (NASDAQ: PYEQX)
Pioneer Europe Select Equity A  (NASDAQ: PERAX)
Pioneer Europe Select Equity B  (NASDAQ: PERBX)
Pioneer Europe Select Equity C  (NASDAQ: PERCX)
Pioneer Global High Yield A     (NASDAQ: PGHYX)
Pioneer Global High Yield B     (NASDAQ: PGHBX)
Pioneer Global High Yield C     (NASDAQ: PGYCX)
Pioneer Growth A         (NASDAQ: MOMGX)
Pioneer Growth B         (NASDAQ: PBMGX)
Pioneer Growth C         (NASDAQ: PCMGX)
Pioneer Growth Inv            (NASDAQ: MOIGX)
Pioneer Growth Leaders A        (NASDAQ: LRPSX)
Pioneer Growth Leaders B        (NASDAQ: LRPBX)
Pioneer Growth Leaders C        (NASDAQ: LRPCX)
Pioneer Growth Leaders R        (NASDAQ: LRPRX)
Pioneer Growth Opportunities A  (NASDAQ: PGOFX)
Pioneer Growth Opportunities B  (NASDAQ: GOFBX)
Pioneer Growth Opportunities C  (NASDAQ: GOFCX)
Pioneer Growth Opportunities Inv        (NASDAQ: PGIFX)
Pioneer Growth R        (NASDAQ: PGRRX)
Pioneer Growth Y        (NASDAQ: PYMGX)
Pioneer High Yield A    (NASDAQ: TAHYX)
Pioneer High Yield B    (NASDAQ: TBHYX)
Pioneer High Yield C    (NASDAQ: PYICX)
Pioneer High Yield Inv  (NASDAQ: TAHIX)
Pioneer High Yield R    (NASDAQ: TYHRX)
Pioneer High Yield Y    (NASDAQ: TYHYX)
Pioneer Ibbotson Aggressive Allocation A        (NASDAQ: PIAAX)
Pioneer Ibbotson Aggressive Allocation B        (NASDAQ: IALBX)
Pioneer Ibbotson Aggressive Allocation C        (NASDAQ: IALCX)
Pioneer Ibbotson Conservative Alloc A   (NASDAQ: PIAVX)
Pioneer Ibbotson Conservative Alloc B   (NASDAQ: PIBVX)
Pioneer Ibbotson Conservative Alloc C   (NASDAQ: PICVX)
Pioneer Ibbotson Growth Allocation A    (NASDAQ: GRAAX)
Pioneer Ibbotson Growth Allocation B    (NASDAQ: GRABX)
Pioneer Ibbotson Growth Allocation C    (NASDAQ: GRACX)
Pioneer Ibbotson Moderate Allocation A  (NASDAQ: PIALX)
Pioneer Ibbotson Moderate Allocation B  (NASDAQ: PIBLX)
Pioneer Ibbotson Moderate Allocation C  (NASDAQ: PIDCX)
Pioneer Independence                    (NASDAQ: PINDX)
Pioneer International Equity A          (NASDAQ: PIWEX)
Pioneer International Equity B          (NASDAQ: PBWEX)
Pioneer International Equity C          (NASDAQ: PCWEX)
Pioneer International Equity Inv        (NASDAQ: IEIPX)
Pioneer International Equity Y  (NASDAQ: PIEYX)
Pioneer International Value A   (NASDAQ: PIIFX)
Pioneer International Value B   (NASDAQ: PBIFX)
Pioneer International Value C   (NASDAQ: PCITX)
Pioneer Inv                      (NASDAQ: PFIOX)
Pioneer Mid-Cap Growth A        (NASDAQ: PITHX)
Pioneer Mid-Cap Growth B        (NASDAQ: PBMDX)
Pioneer Mid-Cap Growth C        (NASDAQ: PCMCX)
Pioneer Mid-Cap Growth Y        (NASDAQ: PMCYX)
Pioneer Mid-Cap Value A (NASDAQ: PCGRX)
Pioneer Mid-Cap Value B (NASDAQ: PBCGX)
Pioneer Mid-Cap Value C (NASDAQ: PCCGX)
Pioneer Mid-Cap Value Inv       (NASDAQ: PGCIX)
Pioneer Mid-Cap Value R         (NASDAQ: PCMRX)
Pioneer Mid-Cap Value Y         (NASDAQ: PYCGX)
Pioneer Municipal Bond A        (NASDAQ: PBMFX)
Pioneer Municipal Bond B        (NASDAQ: PBMUX)
Pioneer Municipal Bond C        (NASDAQ: MNBCX)
Pioneer Municipal Bond Inv      (NASDAQ: PBIMX)
Pioneer Oak Ridge Large Cap Growth A    (NASDAQ: ORILX)
Pioneer Oak Ridge Large Cap Growth B    (NASDAQ: ORLBX)
Pioneer Oak Ridge Large Cap Growth C    (NASDAQ: ORLCX)
Pioneer Oak Ridge Large Cap Growth R    (NASDAQ: ORLRX)
Pioneer Oak Ridge Large Cap Growth Y    (NASDAQ: PORYX)
Pioneer Oak Ridge Small Cap Growth A    (NASDAQ: ORIGX)
Pioneer Oak Ridge Small Cap Growth B    (NASDAQ: ORIBX)
Pioneer Oak Ridge Small Cap Growth C    (NASDAQ: ORICX)
Pioneer Protected Principal Plus A      (NASDAQ: PPPAX)
Pioneer Protected Principal Plus B      (NASDAQ: PPPBX)
Pioneer Protected Principal Plus C      (NASDAQ: PPPCX)
Pioneer Protected Principal Plus II A   (NASDAQ: PPFAX)
Pioneer Protected Principal Plus II B   (NASDAQ: PPFBX)
Pioneer Protected Principal Plus II C   (NASDAQ: PPFCX)
Pioneer R                               (NASDAQ: PIORX)
Pioneer Real Estate A    (NASDAQ: PWREX)
Pioneer Real Estate B    (NASDAQ: PBREX)
Pioneer Real Estate C    (NASDAQ: PCREX)
Pioneer Real Estate Y    (NASDAQ: PYREX)
Pioneer Research A  (NASDAQ: PATMX)
Pioneer Research B  (NASDAQ: PBTMX)
Pioneer Research C  (NASDAQ: PCTMX)
Pioneer Research Y  (NASDAQ: PRFYX)
Pioneer Short Term Income A   (NASDAQ: STABX)
Pioneer Short Term Income B   (NASDAQ: STBBX)
Pioneer Short Term Income C   (NASDAQ: PSHCX)
Pioneer Short Term Income Y   (NASDAQ: PSHYX)
Pioneer Small and Mid Cap Growth A (NASDAQ: PAPPX)
Pioneer Small and Mid Cap Growth B (NASDAQ: MCSBX)
Pioneer Small and Mid Cap Growth C (NASDAQ: CGCPX)
Pioneer Small and Mid Cap Growth R (NASDAQ: CGCRX)
Pioneer Small Cap Value A     (NASDAQ: PIMCX)
Pioneer Small Cap Value B     (NASDAQ: PBMOX)
Pioneer Small Cap Value C     (NASDAQ: PSVCX)
Pioneer Small Cap Value Inv   (NASDAQ: CALLX)
Pioneer Small Cap Value R     (NASDAQ: PSVRX)
Pioneer Small Cap Value Y     (NASDAQ: PCAYX)
Pioneer Small Company A        (NASDAQ: PSCFX)
Pioneer Small Company B        (NASDAQ: PBSCX)
Pioneer Small Company C        (NASDAQ: PCSCX)
Pioneer Strategic Growth A    (NASDAQ: PAAFX)
Pioneer Strategic Growth B    (NASDAQ: PIABX)
Pioneer Strategic Growth C    (NASDAQ: PAGCX)
Pioneer Strategic Income A    (NASDAQ: PSRAX)

Pioneer Strategic Income B    (NASDAQ: PSRBX)
Pioneer Strategic Income C    (NASDAQ: PSRCX)
Pioneer Strategic Income R    (NASDAQ: STIRX)
Pioneer Strategic Income Y    (NASDAQ: STRYX)
Pioneer Tax Free Income A     (NASDAQ: MOMTX)
Pioneer Tax Free Income B     (NASDAQ: PBMTX)
Pioneer Tax Free Income C     (NASDAQ: PCMTX)
Pioneer Tax Free Income Inv   (NASDAQ: MOITX)
Pioneer Tax Free Income Y     (NASDAQ: PYMTX)
Pioneer Value A     (NASDAQ: PIOTX)
Pioneer Value B     (NASDAQ: PBOTX)
Pioneer Value C     (NASDAQ: PCOTX)
Pioneer Value Inv   (NASDAQ: PIOIX)
Pioneer Value R     (NASDAQ: PVFRX)
Pioneer Value Y     (NASDAQ: PVFYX)
Pioneer Y       (NASDAQ: PYODX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"):AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio .In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges Suit in NY Over Scudder Mutual Funds
---------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Scudder mutual funds
from UBS between May 1, 2000 and April 30, 2005, inclusive (the
"Class Period"), seeking to pursue remedies under the Securities
Act of 1933 (the "Securities Act") and the Securities Exchange
Act of 1934 (the "Exchange Act").

The Scudder mutual funds and their respective symbols are as
follows:

Scudder Aggressive Growth A           (NASDAQ: KGGAX)
Scudder Aggressive Growth B           (NASDAQ: KGGBX)
Scudder Aggressive Growth C           (NASDAQ: KGGCX)
Scudder Aggressive Growth Instl       (NASDAQ: KGGIX)
Scudder Blue Chip A                 (NASDAQ: KBCAX)
Scudder Blue Chip B                 (NASDAQ: KBCBX)
Scudder Blue Chip C                (NASDAQ: KBCCX)
Scudder Blue Chip Instl            (NASDAQ: KBCIX)
Scudder Blue Chip Svc              (NASDAQ: KBCSX)
Scudder Capital Growth A        (NASDAQ: SDGAX)
Scudder Capital Growth AARP     (NASDAQ: ACGFX)
Scudder Capital Growth B        (NASDAQ: SDGBX)
Scudder Capital Growth C        (NASDAQ: SDGCX)
Scudder Capital Growth Instl    (NASDAQ: SDGTX)
Scudder Capital Growth R        (NASDAQ: SDGRX)
Scudder Capital Growth S        (NASDAQ: SCGSX)
Scudder Commodity Securities A  (NASDAQ: SKNRX)
Scudder Commodity Securities B  (NASDAQ: SKBRX)
Scudder Commodity Securities C  (NASDAQ: SKCRX)
Scudder Commodity Securities Inst       (NASDAQ: SKIRX)
Scudder Commodity Securities S  (NASDAQ: SKSRX)
Scudder Development AARP        (NASDAQ: SDVLX)
Scudder Development S         (NASDAQ: SCDVX)
Scudder Dreman Concentrated Value A     (NASDAQ: LOPEX)
Scudder Dreman Concentrated Value B     (NASDAQ: LOPBX)
Scudder Dreman Concentrated Value C     (NASDAQ: LOPCX)
Scudder Dreman Concentrated Value I     (NASDAQ: LOPIX)
Scudder Dreman Financial Services A     (NASDAQ: KDFAX)
Scudder Dreman Financial Services B     (NASDAQ: KDFBX)
Scudder Dreman Financial Services C     (NASDAQ: KDFCX)
Scudder Dreman High Return Eq A (NASDAQ: KDHAX)
Scudder Dreman High Return Eq B (NASDAQ: KDHBX)
Scudder Dreman High Return Eq C (NASDAQ: KDHCX)
Scudder Dreman High Return Eq Instl     (NASDAQ: KDHIX)
Scudder Dreman High Return Equity R     (NASDAQ: KDHRX)
Scudder Dreman High Return Equity S     (NASDAQ: KDHSX)
Scudder Dreman Mid Cap Value A  (NASDAQ: MIDVX)
Scudder Dreman Mid Cap Value B  (NASDAQ: MIDYX)
Scudder Dreman Mid Cap Value C  (NASDAQ: MIDZX)
Scudder Dreman Mid Cap Value I  (NASDAQ: MIDIX)
Scudder Dreman Mid Cap Value S  (NASDAQ: MIDTX)
Scudder Dreman Small Cap Value A        (NASDAQ: KDSAX)
Scudder Dreman Small Cap Value B        (NASDAQ: KDSBX)
Scudder Dreman Small Cap Value C        (NASDAQ: KDSCX)
Scudder Dreman Small Cap Value Instl    (NASDAQ: KDSIX)
Scudder Dreman Small Cap Value R              (NASDAQ: KDSRX)
Scudder EAFE Equity IndeX) Instl              (NASDAQ: BTAEX)
Scudder Emerging Markets A                  (NASDAQ: SEKAX)
Scudder Emerging Markets AARP       (NASDAQ: SEMMX)
Scudder Emerging Markets B          (NASDAQ: SEKBX)
Scudder Emerging Markets C          (NASDAQ: SEKCX)
Scudder Emerging Markets Income A       (NASDAQ: SZEAX)
Scudder Emerging Markets Income AARP    (NASDAQ: SEMKX)
Scudder Emerging Markets Income B       (NASDAQ: SZEBX)
Scudder Emerging Markets Income C       (NASDAQ: SZECX)
Scudder Emerging Markets Income S       (NASDAQ: SCEMX)
Scudder Emerging Markets S            (NASDAQ: SEMGX)
Scudder Equity 500 IndeX) Instl       (NASDAQ: BTIIX)
Scudder Equity 500 IndeX) Invm        (NASDAQ: BTIEX)
Scudder Fixed Income A                (NASDAQ: SFXAX)
Scudder Fixed Income B                (NASDAQ: SFXBX)
Scudder Fixed Income C                (NASDAQ: SFXCX)
Scudder Fixed Income Instl            (NASDAQ: MFINX)
Scudder Fixed Income Invm             (NASDAQ: MFISX)
Scudder Fixed Income R                (NASDAQ: SFXRX)
Scudder Fixed Income Svc        (NASDAQ: SFXSX)
Scudder Flag Communications A   (NASDAQ: TISHX)
Scudder Flag Communications B   (NASDAQ: FTEBX)
Scudder Flag Communications C   (NASDAQ: FTICX)
Scudder Flag Communications Instl       (NASDAQ: FLICX)
Scudder Flag Equity Partners A          (NASDAQ: FLEPX)
Scudder Flag Equity Partners B          (NASDAQ: FEPBX)
Scudder Flag Equity Partners C          (NASDAQ: FEPCX)
Scudder Flag Equity Partners Instl      (NASDAQ: FLIPX)
Scudder Flag Value Builder A    (NASDAQ: FLVBX)
Scudder Flag Value Builder B    (NASDAQ: FVBBX)
Scudder Flag Value Builder C    (NASDAQ: FVBCX)
Scudder Flag Value Builder Instl        (NASDAQ: FLIVX)
Scudder Global A        (NASDAQ: SGQAX)
Scudder Global AARP     (NASDAQ: ACOBX)
Scudder Global B        (NASDAQ: SGQBX)
Scudder Global Bond A   (NASDAQ: SZGAX)
Scudder Global Bond AARP        (NASDAQ: SGBDX)
Scudder Global Bond B   (NASDAQ: SZGBX)
Scudder Global Bond C   (NASDAQ: SZGCX)
Scudder Global Bond S   (NASDAQ: SSTGX)
Scudder Global C        (NASDAQ: SGQCX)
Scudder Global Discovery A      (NASDAQ: KGDAX)
Scudder Global Discovery AARP   (NASDAQ: SGDPX)
Scudder Global Discovery B      (NASDAQ: KGDBX)
Scudder Global Discovery C      (NASDAQ: KGDCX)
Scudder Global Discovery S      (NASDAQ: SGSCX)
Scudder Global R        (NASDAQ: SGQRX)
Scudder Global S        (NASDAQ: SCOBX)
Scudder GNMA AARP       (NASDAQ: AGNMX)
Scudder GNMA S          (NASDAQ: SGINX)
Scudder Gold & Precious Metals A        (NASDAQ: SGDAX)
Scudder Gold & Precious Metals AARP     (NASDAQ: SGLDX)
Scudder Gold & Precious Metals B        (NASDAQ: SGDBX)
Scudder Gold & Precious Metals C        (NASDAQ: SGDCX)
Scudder Gold & Precious Metals S        (NASDAQ: SCGDX)
Scudder Greater Europe A        (NASDAQ: SERAX)
Scudder Greater Europe AARP     (NASDAQ: SGEGX)
Scudder Greater Europe B        (NASDAQ: SERBX)
Scudder Greater Europe C        (NASDAQ: SERCX)
Scudder Greater Europe Inst     (NASDAQ: SERNX)
Scudder Greater Europe S        (NASDAQ: SCGEX)
Scudder Growth & Income A       (NASDAQ: SUWAX)
Scudder Growth & Income AARP    (NASDAQ: ACDGX)
Scudder Growth & Income B       (NASDAQ: SUWBX)
Scudder Growth & Income C       (NASDAQ: SUWCX)
Scudder Growth & Income Instl   (NASDAQ: SUWIX)
Scudder Growth & Income R       (NASDAQ: SUWRX)
Scudder Growth & Income S       (NASDAQ: SCDGX)
Scudder Health Care A           (NASDAQ: SUHAX)
Scudder Health Care AARP        (NASDAQ: SHCAX)
Scudder Health Care B   (NASDAQ: SUHBX)
Scudder Health Care C   (NASDAQ: SUHCX)
Scudder Health Care Instl       (NASDAQ: SUHIX)
Scudder Health Care S   (NASDAQ: SCHLX)
Scudder High Income A   (NASDAQ: KHYAX)
Scudder High Income B   (NASDAQ: KHYBX)
Scudder High Income C   (NASDAQ: KHYCX)
Scudder High Income Instl       (NASDAQ: KHYIX)
Scudder High Income Plus A      (NASDAQ: SGHAX)
Scudder High Income Plus AARP   (NASDAQ: SGHTX)
Scudder High Income Plus B      (NASDAQ: SGHBX)
Scudder High Income Plus C      (NASDAQ: SGHCX)
Scudder High Income Plus Instl  (NASDAQ: MGHYX)
Scudder High Income Plus Invm    (NASDAQ: MGHVX)
Scudder High Income Plus Prem   (NASDAQ: MGHPX)
Scudder High Income Plus S      (NASDAQ: SGHSX)
Scudder High-Yield Tax-Free A  (NASDAQ: NOTAX)
Scudder High-Yield Tax-Free AARP       (NASDAQ: SHYFX)
Scudder High-Yield Tax-Free B  (NASDAQ: NOTBX)
Scudder High-Yield Tax-Free C  (NASDAQ: NOTCX)
Scudder High-Yield Tax-Free Instl      (NASDAQ: NOTIX)
Scudder High-Yield Tax-Free S  (NASDAQ: SHYTX)
Scudder Income A        (NASDAQ: SZIAX)
Scudder Income AARP     (NASDAQ: AINCX)
Scudder Income B        (NASDAQ: SZIBX)
Scudder Income C        (NASDAQ: SZICX)
Scudder Income Instl    (NASDAQ: SZIIX)
Scudder Income S        (NASDAQ: SCSBX)

Scudder Inflation Protected Plus A      (NASDAQ: TIPAX)
Scudder Inflation Protected Plus B      (NASDAQ: TIPTX)
Scudder Inflation Protected Plus C      (NASDAQ: TIPCX)
Scudder Inflation Protected Plus Instl  (NASDAQ: TIPIX)
Scudder Inflation Protected Plus S      (NASDAQ: TIPSX)
Scudder Intermediate Tax/Amt Free A    (NASDAQ: SZMAX)
Scudder Intermediate Tax/Amt Free AARP (NASDAQ: SMTTX)
Scudder Intermediate Tax/Amt Free B    (NASDAQ: SZMBX)
Scudder Intermediate Tax/Amt Free C    (NASDAQ: SZMCX)
Scudder Intermediate Tax/AMT Free Instl (NASDAQ: SZMIX)
Scudder Intermediate Tax/AMT Free Inv   (NASDAQ: SZMVX)
Scudder Intermediate Tax/Amt Free S     (NASDAQ: SCMTX)
Scudder International A                 (NASDAQ: SUIAX)
Scudder International AARP      (NASDAQ: AINTX)
Scudder International B (NASDAQ: SUIBX)
Scudder International C (NASDAQ: SUICX)
Scudder International Equity A  (NASDAQ: DBAIX)
Scudder International Equity B  (NASDAQ: DBBIX)
Scudder International Equity C  (NASDAQ: DBCIX)
Scudder International Equity Instl      (NASDAQ: BEIIX)
Scudder International Equity Invm       (NASDAQ: BTEQX)
Scudder International Instl     (NASDAQ: SUIIX)
Scudder International S (NASDAQ: SCINX)
Scudder International Sel Eq A  (NASDAQ: DBISX)
Scudder International Sel Eq B  (NASDAQ: DBIBX)
Scudder International Sel Eq C  (NASDAQ: DBICX)
Scudder International Sel Eq Instl      (NASDAQ: MGINX)
Scudder International Sel Eq Invm       (NASDAQ: MGIVX)
Scudder International Sel Eq Prem       (NASDAQ: MGIPX)
Scudder International Sel Eq R  (NASDAQ: DBITX)
Scudder International Sel Eq S  (NASDAQ: DBIVX)
Scudder Japanese Equity A       (NASDAQ: FJEAX)
Scudder Japanese Equity B       (NASDAQ: FJEBX)
Scudder Japanese Equity C       (NASDAQ: FJECX)
Scudder Japanese Equity S       (NASDAQ: FJESX)
Scudder Large Cap Value A       (NASDAQ: KDCAX)
Scudder Large Cap Value AARP    (NASDAQ: KDCPX)
Scudder Large Cap Value B       (NASDAQ: KDCBX)
Scudder Large Cap Value C       (NASDAQ: KDCCX)
Scudder Large Cap Value Inst    (NASDAQ: KDCIX)
Scudder Large Cap Value R       (NASDAQ: KDCRX)
Scudder Large Cap Value S       (NASDAQ: KDCSX)
Scudder Large Company Growth A  (NASDAQ: SGGAX)
Scudder Large Company Growth AARP       (NASDAQ: SLGRX)
Scudder Large Company Growth B  (NASDAQ: SGGBX)
Scudder Large Company Growth C  (NASDAQ: SGGCX)
Scudder Large Company Growth Instl      (NASDAQ: SGGIX)
Scudder Large Company Growth R  (NASDAQ: SCQRX)
Scudder Large Company Growth S  (NASDAQ: SCQGX)
Scudder Latin America A (NASDAQ: SLANX)
Scudder Latin America AARP      (NASDAQ: SLAMX)
Scudder Latin America B (NASDAQ: SLAOX)
Scudder Latin America C (NASDAQ: SLAPX)
Scudder Latin America S (NASDAQ: SLAFX)
Scudder Lifecycle Long Range Instl      (NASDAQ: BTAMX)
Scudder Lifecycle Long Range Invm       (NASDAQ: BTILX)
Scudder Lifecycle Mid Range Invm        (NASDAQ: BTLRX)
Scudder Lifecycle Short Range Invm      (NASDAQ: BTSRX)
Scudder Limited-Duration Plus A (NASDAQ: PPIAX)
Scudder Limited-Duration Plus C (NASDAQ: PPLCX)
Scudder Limited-Duration Plus Inv       (NASDAQ: DBPIX)
Scudder MA Tax-Free A   (NASDAQ: SQMAX)
Scudder MA Tax-Free AARP        (NASDAQ: SMAFX)
Scudder MA Tax-Free B   (NASDAQ: SQMBX)
Scudder MA Tax-Free C   (NASDAQ: SQMCX)
Scudder MA Tax-Free S   (NASDAQ: SCMAX)
Scudder Managed Municipal Bonds A       (NASDAQ: SMLAX)
Scudder Managed Municipal Bonds AARP    (NASDAQ: AMUBX)
Scudder Managed Municipal Bonds B         (NASDAQ: SMLBX)
Scudder Managed Municipal Bonds C       (NASDAQ: SMLCX)
Scudder Managed Municipal Bonds Instl   (NASDAQ: SMLIX)
Scudder Managed Municipal Bonds S       (NASDAQ: SCMBX)
Scudder Micro Cap A     (NASDAQ: SMFAX)
Scudder Micro Cap B     (NASDAQ: SMFBX)
Scudder Micro Cap C     (NASDAQ: SMFCX)
Scudder Micro Cap Instl (NASDAQ: MGMCX)
Scudder Micro Cap Invm   (NASDAQ: MMFSX)
Scudder Micro Cap Svc    (NASDAQ: SMFSX)
Scudder Mid Cap Growth A        (NASDAQ: SMCAX)
Scudder Mid Cap Growth B        (NASDAQ: SMCBX)
Scudder Mid Cap Growth C        (NASDAQ: SMCCX)
Scudder Mid Cap Growth Instl    (NASDAQ: BTEAX)
Scudder Mid Cap Growth Invm     (NASDAQ: BTCAX)
Scudder Mid Cap Growth R        (NASDAQ: SMCRX)
Scudder Mid Cap Growth Svc      (NASDAQ: SMCSX)
Scudder Pacific Opportunities A (NASDAQ: SPAOX)
Scudder Pacific Opportunities AARP      (NASDAQ: SPOPX)
Scudder Pacific Opportunities B (NASDAQ: SBPOX)
Scudder Pacific Opportunities C (NASDAQ: SPCCX)
Scudder Pacific Opportunities S (NASDAQ: SCOPX)
Scudder Pathway Conservative A  (NASDAQ: SUCAX)
Scudder Pathway Conservative AARP       (NASDAQ: APWCX)
Scudder Pathway Conservative B   (NASDAQ: SUCBX)
Scudder Pathway Conservative C  (NASDAQ: SUCCX)
Scudder Pathway Conservative S  (NASDAQ: SCPCX)
Scudder Pathway Growth A        (NASDAQ: SUPAX)
Scudder Pathway Growth AARP     (NASDAQ: APWGX)
Scudder Pathway Growth B        (NASDAQ: SUPBX)
Scudder Pathway Growth C        (NASDAQ: SUPCX)
Scudder Pathway Growth Plus A   (NASDAQ: PLUSX)
Scudder Pathway Growth Plus B   (NASDAQ: PLSBX)
Scudder Pathway Growth Plus C   (NASDAQ: PLSCX)
Scudder Pathway Growth Plus S   (NASDAQ: PPLSX)
Scudder Pathway Growth S        (NASDAQ: SPGRX)
Scudder Pathway Moderate A      (NASDAQ: SPDAX)
Scudder Pathway Moderate AARP   (NASDAQ: SPWBX)
Scudder Pathway Moderate B      (NASDAQ: SPDBX)
Scudder Pathway Moderate C      (NASDAQ: SPDCX)
Scudder Pathway Moderate S      (NASDAQ: SPBAX)
Scudder Retirement VI   (NASDAQ: KRFFX)
Scudder Retirement VII  (NASDAQ: KRFGX)
Scudder RREEF Real Estate Sec Instl     (NASDAQ: RRRRX)
Scudder RREEF Real Estate Secs A        (NASDAQ: RRRAX)
Scudder RREEF Real Estate Secs B        (NASDAQ: RRRBX)
Scudder RREEF Real Estate Secs C        (NASDAQ: RRRCX)
Scudder RREEF Real Estate Secs R        (NASDAQ: RRRSX)
Scudder RREEF Real Estate Secs S        (NASDAQ: RRREX)
Scudder S&P 500 Index A         (NASDAQ: SXPAX)
Scudder S&P 500 Index AARP      (NASDAQ: ASPIX)
Scudder S&P 500 Index B (NASDAQ: SXPRB
Scudder S&P 500 Index C (NASDAQ: SXPCX)
Scudder S&P 500 Index S (NASDAQ: SCPIX)
Scudder Select 500 A    (NASDAQ: OUTDX)
Scudder Select 500 AARP (NASDAQ: SSLFX)
Scudder Select 500 B    (NASDAQ: OUTBX)
Scudder Select 500 C    (NASDAQ: OUTCX)
Scudder Select 500 R    (NASDAQ: OUTRX)
Scudder Select 500 S    (NASDAQ: SSFFX)
Scudder Short Duration A        (NASDAQ: SDUAX)
Scudder Short Duration B        (NASDAQ: SDUBX)
Scudder Short Duration C        (NASDAQ: SDUCX)
Scudder Short Duration Instl    (NASDAQ: MGSFX)
Scudder Short Duration Svc      (NASDAQ: SDUSX)
Scudder Short Term Municipal Bond S     (NASDAQ: SRMSX)
Scudder Short-Term Bond A       (NASDAQ: SZBAX)
Scudder Short-Term Bond AARP    (NASDAQ: ASHTX)
Scudder Short-Term Bond B       (NASDAQ: SZBBX)
Scudder Short-Term Bond C       (NASDAQ: SZBCX)
Scudder Short-Term Bond S       (NASDAQ: SCSTX)
Scudder Short-Term Muni Bd A    (NASDAQ: SRMAX)
Scudder Short-Term Muni Bd B     (NASDAQ: SRMBX)
Scudder Short-Term Muni Bd C    (NASDAQ: SRMCX)
Scudder Short-Term Muni Bd Instl        (NASDAQ: MGSMX)
Scudder Short-Term Muni Bd Invm (NASDAQ: MSMSX)
Scudder Small Cap Growth A      (NASDAQ: SSDAX)
Scudder Small Cap Growth AARP   (NASDAQ: SSDPX)
Scudder Small Cap Growth B      (NASDAQ: SSDBX)
Scudder Small Cap Growth C      (NASDAQ: SSDCX)
Scudder Small Cap Growth Instl  (NASDAQ: SSDIX)
Scudder Small Cap Growth Invmt  (NASDAQ: BTSCX)
Scudder Small Cap Growth R      (NASDAQ: SSDRX)
Scudder Small Cap Growth S      (NASDAQ: SSDSX)
Scudder Small Company Stock A            (NASDAQ: SZCAX)

Scudder Small Company Stock AARP         (NASDAQ: ASCSX)
Scudder Small Company Stock B            (NASDAQ: SZCBX)
Scudder Small Company Stock C   (NASDAQ: SZCCX)
Scudder Small Company Stock S   (NASDAQ: SSLCX)
Scudder Small Company Value A   (NASDAQ: SAAUX)
Scudder Small Company Value B   (NASDAQ: SABUX)
Scudder Small Company Value C   (NASDAQ: SACUX)
Scudder Small Company Value S   (NASDAQ: SCSUX)
Scudder State Tax-Free Income CA A      (NASDAQ: KCTAX)
Scudder State Tax-Free Income CA B      (NASDAQ: KCTBX)
Scudder State Tax-Free Income CA C      (NASDAQ: KCTCX)
Scudder State Tax-Free Income CA S      (NASDAQ: SDCSX)
Scudder State Tax-Free Income NY A      (NASDAQ: KNTAX)
Scudder State Tax-Free Income NY B      (NASDAQ: KNTBX)
Scudder State Tax-Free Income NY C      (NASDAQ: KNTCX)
Scudder State Tax-Free Income NY S      (NASDAQ: SNWYX)
Scudder Strategic Income A       (NASDAQ: KSTAX)
Scudder Strategic Income B       (NASDAQ: KSTBX)
Scudder Strategic Income C       (NASDAQ: KSTCX)
Scudder Strategic Income Svc     (NASDAQ: KSTSX)
Scudder Target 2010     (NASDAQ: KRFAX)
Scudder Target 2011     (NASDAQ: KRFBX)
Scudder Target 2012     (NASDAQ: KRFCX)
Scudder Target 2013     (NASDAQ: KRFDX)
Scudder Target 2014     (NASDAQ: KRFEX)
Scudder Tax Adv Dividend A     (NASDAQ: SDDAX)
Scudder Tax Adv Dividend B     (NASDAQ: SDDBX)
Scudder Tax Adv Dividend C     (NASDAQ: SDDCX)
Scudder Tax Adv Dividend Inst  (NASDAQ: SDDGX)
Scudder Technology A    (NASDAQ: KTCAX)
Scudder Technology AARP (NASDAQ: KTCPX)
Scudder Technology B    (NASDAQ: KTCBX)
Scudder Technology C    (NASDAQ: KTCCX)
Scudder Technology Instl        (NASDAQ: KTCIX)
Scudder Technology S            (NASDAQ: KTCSX)
Scudder Total Return A          (NASDAQ: KTRAX)
Scudder Total Return AARP       (NASDAQ: KTRPX)
Scudder Total Return B           (NASDAQ: KTRBX)
Scudder Total Return C           (NASDAQ: KTRCX)
Scudder Total Return Instl       (NASDAQ: KTRIX)
Scudder Total Return R  (NASDAQ: KTRRX)
Scudder Total Return S  (NASDAQ: KTRSX)
Scudder U.S. Government Securities A            (NASDAQ: KUSAX)
Scudder U.S. Government Securities B            (NASDAQ: KUSBX)
Scudder U.S. Government Securities C            (NASDAQ: KUSCX)
Scudder U.S. Government Securities Instl        (NASDAQ: KUSIX)
Scudder U.S. Government Securities M    (NASDAQ: KUSMX)
Scudder US Bond Index Instl             (NASDAQ: BTUSX)

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"):AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio .In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


UBS-AG: Stull Stull Lodges NY Suit Over Van Kampen Mutual Funds
---------------------------------------------------------------
The law firm of Stull, Stull & Brody initiated a class action
lawsuit in the United States District Court for the Southern
District of New York against UBS-AG and its affiliated entities
("UBS"), on behalf of those who purchased Van Kampen mutual
funds from UBS between May 1, 2000 and April 30, 2005, inclusive
(the "Class Period"), seeking to pursue remedies under the
Securities Act of 1933 (the "Securities Act") and the Securities
Exchange Act of 1934 (the "Exchange Act").

The Van Kampen mutual funds and their respective symbols are as
follows:

Van Kampen Aggressive Growth A           (NASDAQ: VAGAX)
Van Kampen Aggressive Growth B           (NASDAQ: VAGBX)
Van Kampen Aggressive Growth C           (NASDAQ: VAGCX)
Van Kampen Aggressive Growth I           (NASDAQ: VAGDX)
Van Kampen American Value A              (NASDAQ: MSAVX)
Van Kampen American Value B              (NASDAQ: MGAVX)
Van Kampen American Value C              (NASDAQ: MSVCX)
Van Kampen CA Insured Tax-Free A         (NASDAQ: VKCIX)
Van Kampen CA Insured Tax-Free B         (NASDAQ: VCIBX)
Van Kampen CA Insured Tax-Free C         (NASDAQ: VCICX)
Van Kampen Comstock A                    (NASDAQ: ACSTX)
Van Kampen Comstock B                    (NASDAQ: ACSWX)
Van Kampen Comstock C                    (NASDAQ: ACSYX)
Van Kampen Comstock I                    (NASDAQ: ACSDX)
Van Kampen Comstock R                    (NASDAQ: ACSRX)
Van Kampen Corporate Bond A              (NASDAQ: ACCBX)
Van Kampen Corporate Bond B              (NASDAQ: ACCDX)
Van Kampen Corporate Bond C              (NASDAQ: ACCEX)
Van Kampen Emerging Growth A             (NASDAQ: ACEGX)
Van Kampen Emerging Growth B             (NASDAQ: ACEMX)
Van Kampen Emerging Growth C             (NASDAQ: ACEFX)
Van Kampen Emerging Growth I             (NASDAQ: ACEDX)
Van Kampen Emerging Growth R             (NASDAQ: ACEEX)
Van Kampen Emerging Markets A            (NASDAQ: MSRAX)
Van Kampen Emerging Markets B            (NASDAQ: MSRBX)
Van Kampen Emerging Markets C            (NASDAQ: MSRCX)
Van Kampen Enterprise A                  (NASDAQ: ACENX)
Van Kampen Enterprise B                  (NASDAQ: ACEOX)
Van Kampen Enterprise C                  (NASDAQ: ACEPX)
Van Kampen Equity and Income A           (NASDAQ: ACEIX)
Van Kampen Equity and Income B           (NASDAQ: ACEQX)
Van Kampen Equity and Income C           (NASDAQ: ACERX)
Van Kampen Equity and Income I           (NASDAQ: ACETX)
Van Kampen Equity and Income R           (NASDAQ: ACESX)
Van Kampen Equity Growth A               (NASDAQ: VEGAX)
Van Kampen Equity Growth B               (NASDAQ: VEGBX)
Van Kampen Equity Growth C               (NASDAQ: VEGCX)
Van Kampen Exchange                      (NASDAQ: ACEHX)
Van Kampen Global Equity Alloc A         (NASDAQ: MSGAX)
Van Kampen Global Equity Alloc B         (NASDAQ: MSGBX)
Van Kampen Global Equity Alloc C         (NASDAQ: MSGCX)
Van Kampen Global Franchise A            (NASDAQ: VGFAX)
Van Kampen Global Franchise B            (NASDAQ: VGFBX)
Van Kampen Global Franchise C            (NASDAQ: VGFCX)
Van Kampen Global Value Equity A         (NASDAQ: MGEAX)
Van Kampen Global Value Equity B         (NASDAQ: MGEBX)
Van Kampen Global Value Equity C         (NASDAQ: MGECX)
Van Kampen Government Securities A       (NASDAQ: ACGVX)
Van Kampen Government Securities B       (NASDAQ: ACGTX)
Van Kampen Government Securities C       (NASDAQ: ACGSX)
Van Kampen Growth and Income A           (NASDAQ: ACGIX)
Van Kampen Growth and Income B           (NASDAQ: ACGJX)
Van Kampen Growth and Income C           (NASDAQ: ACGJX)
Van Kampen Growth and Income I           (NASDAQ: ACGMX)
Van Kampen Growth and Income R           (NASDAQ: ACGLX)
Van Kampen Harbor A                      (NASDAQ: ACHBX)
Van Kampen Harbor B                      (NASDAQ: ACHAX)
Van Kampen Harbor C                      (NASDAQ: ACHCX)
Van Kampen Harbor I                      (NASDAQ: ACHIX)
Van Kampen High Yield A                  (NASDAQ: ACHYX)
Van Kampen High Yield B                  (NASDAQ: ACHZX)
Van Kampen High Yield C                  (NASDAQ: ACHWX)
Van Kampen High Yield I                  (NASDAQ: ACHVX)
Van Kampen High-Yield Municipal A        (NASDAQ: ACTHX)
Van Kampen High-Yield Municipal B        (NASDAQ: ACTGX)
Van Kampen High-Yield Municipal C        (NASDAQ: ACTFX)
Van Kampen Insured Tax-Free Inc A        (NASDAQ: VKMTX)
Van Kampen Insured Tax-Free Inc B        (NASDAQ: VMTBX)
Van Kampen Insured Tax-Free Inc C        (NASDAQ: VMTCX)
Van Kampen Interm-Term Muni A            (NASDAQ: VKLMX)
Van Kampen Interm-Term Muni B            (NASDAQ: VKLBX)
Van Kampen Interm-Term Muni C            (NASDAQ: VKLCX)
Van Kampen International Advantage       (NASDAQ: VKIAX)
A                                        (NASDAQ: VKIBX)
Van Kampen International Advantage       (NASDAQ: VKICX)
B                                        (NASDAQ: ACFMX)
Van Kampen International Advantage       (NASDAQ: ACFTX)
C                                        (NASDAQ: ACFWX)
Van Kampen Limited Duration A            (NASDAQ: VGRAX)
Van Kampen Limited Duration B            (NASDAQ: VGRBX)
Van Kampen Limited Duration C            (NASDAQ: VGRCX)
Van Kampen Mid Cap Growth A              (NASDAQ: VKMMX)
Van Kampen Mid Cap Growth B              (NASDAQ: VMIBX)
Van Kampen Mid Cap Growth C              (NASDAQ: VMICX)
Van Kampen Municipal Income A            (NASDAQ: VNYAX)
Van Kampen Municipal Income B            (NASDAQ: VBNYX)
Van Kampen Municipal Income C            (NASDAQ: VNYCX)
Van Kampen NY Tax-Free Income A          (NASDAQ: VKMPX)
Van Kampen NY Tax-Free Income B          (NASDAQ: VKPAX)
Van Kampen NY Tax-Free Income C          (NASDAQ: VKPCX)
Van Kampen PA Tax-Free Income A          (NASDAQ: ACPAX)
Van Kampen PA Tax-Free Income B          (NASDAQ: ACPBX)
Van Kampen PA Tax-Free Income C          (NASDAQ: ACPCX)
Van Kampen Pace A                        (NASDAQ: ACREX)
Van Kampen Pace B                        (NASDAQ: ACRBX)
Van Kampen Pace C                        (NASDAQ: ACRCX)
Van Kampen Real Estate Secs A            (NASDAQ: VSGAX)
Van Kampen Real Estate Secs B            (NASDAQ: VBSGX)
Van Kampen Real Estate Secs C            (NASDAQ: VSGCX)
Van Kampen Select Growth A               (NASDAQ: XPRTX)
Van Kampen Select Growth B               (NASDAQ: XSLCX)
Van Kampen Select Growth C               (NASDAQ: VASCX)
Van Kampen Senior Loan IB                (NASDAQ: VBSCX)
Van Kampen Senior Loan IC                (NASDAQ: VCSCX)
Van Kampen Small Cap Growth A            (NASDAQ: VSCAX)
Van Kampen Small Cap Growth B            (NASDAQ: VSMBX)
Van Kampen Small Cap Growth C            (NASDAQ: VSMCX)
Van Kampen Small Cap Value A             (NASDAQ: VKMHX)
Van Kampen Small Cap Value B             (NASDAQ: VKTFX)
Van Kampen Small Cap Value C             (NASDAQ: VMHCX)
Van Kampen Strategic Municipal Inc       (NASDAQ: VTFAX)
A                                       (NASDAQ: VTFBX)
Van Kampen Strategic Municipal Inc       (NASDAQ: VTFCX)
B                                        (NASDAQ: VKMGX)
Van Kampen Strategic Municipal Inc       (NASDAQ: VUSBX)
C                                        (NASDAQ: VUSCX)
Van Kampen Technology A                  (NASDAQ: VKUAX)
Van Kampen Technology B                  (NASDAQ: VKUBX)
Van Kampen Technology C                  (NASDAQ: VKUCX)
Van Kampen U.S. Mortgage A               (NASDAQ: VVOAX)
Van Kampen U.S. Mortgage B               (NASDAQ: VVOBX)
Van Kampen U.S. Mortgage C               (NASDAQ: VVOCX)
Van Kampen Utility A                     (NASDAQ: VVOIX)
Van Kampen Utility B
Van Kampen Utility C
Van Kampen Value Opportunities A
Van Kampen Value Opportunities B
Van Kampen Value Opportunities C
Van Kampen Value Opportunities I

The action is pending in the United States District Court for
the Southern District of New York against defendant UBS and its
affiliated entities. The following mutual funds participated in
the UBS Revenue Sharing Program (the "UBS Tier I Funds"): AIM,
Alliance, American Funds, Columbia, Davis Funds, Dreyfus, Eaton
Vance, Federated, Fidelity, Franklin Templeton, John Hancock,
Hartford, Lord Abbett, MFS, Oppenheimer, PIMCO, Pioneer, Putnam,
Scudder, UBS Global Asset Management, and Van Kampen.

The complaint alleges that during the Class Period, defendants
served as financial advisors who purportedly provided unbiased
and honest investment advice to their clients. Unbeknownst to
investors, defendants, in clear contravention of their
disclosure obligations and fiduciary responsibilities, failed to
properly disclose that they had engaged in a scheme to
aggressively push UBS sales personnel to steer clients into
purchasing certain UBS Funds and UBS Tier I Funds (collectively,
"Shelf Space Funds") that provided financial incentives and
rewards to UBS and its personnel based on sales. The complaint
alleges that defendants' undisclosed sales practices created an
insurmountable conflict of interest by providing substantial
monetary incentives to sell Shelf-Space Funds to their clients,
even though such investments were not in the clients' best
interest. UBS' failure to disclose the incentives constituted
violations of federal securities laws.

The action also includes a subclass of people who held any
shares of UBS Mutual Funds. The complaint additionally alleges
that the investment advisor subsidiary of UBS, UBS Global Asset
Management created further undisclosed material conflicts of
interest by entering into revenue sharing agreements with UBS
financial Advisors to push investors into UBS proprietary funds,
regardless of whether such investments were in the investors'
best interests. The investment advisors financed these
arrangements by illegally charging excessive and improper fees
to the fund that should have been invested in the underlying
portfolio. In doing so, they breached their fiduciary duties to
investors under the Investment Company Act and state law and
decreased shareholders' investment returns.

The action includes a second subclass of persons who purchased a
UBS Financial Plan that held Tier I mutual funds. The UBS
Financial Plans include, but are not limited to UBS Personalized
Asset Consulting and Evaluation Plan, InsightOne accounts,
and/or a resource management accounts.

For more details, contact Tzivia Brody, Esq. of Stull, Stull &
Brody, 6 East 45th St., New York, NY 10017, Phone:
1-800-337-4983, Fax: 212/490-2022, E-mail: SSBNY@aol.com.


WORLD HEALTH: Abbey Gardy Files Securities Fraud Suit in W.D. PA
----------------------------------------------------------------
The law firm of Abbey Gardy, LLP, commenced a Class Action
lawsuit in the United States District Court for the Western
District of Pennsylvania on behalf of a class (the "Class") of
all persons who purchased or acquired securities of World Health
Alternatives, Inc. (OTCBB: WHAIE) ("World Health" or the
"Company") between June 26, 2003 and August 19, 2005, inclusive
(the "Class Period").

The Complaint alleges that defendants violated Sections 10(b)
and 20(a) of the Securities Exchange Act of 1934 by issuing a
series of material misrepresentations to the market during the
Class Period thereby artificially inflating the price of Symbol
securities.

On August 16, 2005, World Health Alternatives announced that its
then-Chief Executive Officer, Richard E. McDonald, had resigned,
allegedly for family and health reasons. In fact, the company
had misstated the academic credentials of defendant McDonald in
various SEC filings during the Class Period, misleading
investors as to the training and integrity of the Company's
senior management. Three days later, on August 19, 2005, the
Company announced that it expected to restate its prior
financial statements, that an independent investigation had been
commenced, and that it had terminated its engagement with
Daszkal Bolton LLP, its outside auditors. The Company also
revealed that, among other things, it had made irregular reports
to its lenders, resulting in excess funding which may have
resulted in breaches of its financing agreements, had underpaid
certain tax liabilities, and had not properly reported and/or
accounted for all of its outstanding shares. In response to this
news, the Company's stock lost over 85% of its value in a three-
day period, wiping out millions of dollars of market
capitalization.

For more details, contact Susan Lee or Nancy Kaboolian, Esq. of
Abbey Gardy, LLP, 212 East 39th St., New York, NY 10016, Phone:
(212) 889-3700 or (800) 889-3701, E-mail: slee@abbeygardy.com,
Web site: http://www.abbeygardy.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
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Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.   Glenn Ruel Senorin, Aurora Fatima Antonio and Lyndsey
Resnick, Editors.

Copyright 2005.  All rights reserved.  ISSN 1525-2272.

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