 
/raid1/www/Hosts/bankrupt/CAR_Public/080520.mbx
            C L A S S   A C T I O N   R E P O R T E R
              Tuesday, May 20, 2008, Vol. 10, No. 99
 
                            Headlines
AEGIS COMMUNICATIONS: Faces Texas Suit Over Labor Law Violations
AGWAY: 2nd Circuit Splits Over Class Action Fairness Act's Scope 
AIRLINES: Skycaps File Nationwide $2-Per-Bag Fee Suit in Mass.
APPLE INC: Consumers Seek $1.2BB in Damages Over Locked iPhones
BEAR STEARNS: May 19 is Lead Plaintiff Application Deadline
BIOVAIL CORP: Reaches $138M Settlement in US & Canada Litigation
CHICAGO TITLE: Faces Wash. Suit Over Deceptive & Illegal Charges
EL AL ISRAEL: Sued Over Postponed Flights After Labor Strike
FIRST MARBLEHEAD: Lead Plaintiff Application Deadline is June 9
FORMFACTOR INC: July 18 Hearing Set in Calif. Securities Lawsuit
FORMFACTOR INC: Faces Stockholder Derivative Lawsuit in Calif.
GLOBAL CASH: Lead Plaintiff Application Deadline is on June 10 
HARRAH'S ENTERTAINMENT: Court Approves Settlement of Buyout Suit
IMMIGRATION SERVICES: Immigrants Sue Over Citizenship Delays
INVERNESS MEDICAL: Lead Plaintiff Application Deadline is June 9
IOMEGA CORP: Faces Lawsuit in Calif. Over EMC Corp. Buy-Out
LIFE PARTNERS: Discovery Ongoing in Tex. Breach of Contract Suit
MOLSON COORS: Settles U.S. & Canadian Lawsuits Over 2005 Merger
MONSTER WORLDWIDE: Seeks Dismissal of N.Y. ERISA Violations Suit
NOTRE DAME CEMETERY: Families Launch CDN$8MM Over "Body Backlog"
ORBITZ WORLDWIDE: Plaintiff in Ky. Taxes Case to Amend Complaint
ORBITZ WORLDWIDE: Plaintiffs Amend Complaint in Ohio Taxes Suit
ORBITZ WORLDWIDE: Court Denies Class Certification in "Fairview" 
PORTFOLIO RECOVERY: Sued Over Alleged Purchase of Old Debts 
SANDISK CORP: Calif. Court Denies Review Petition in "Vroegh"
SANDISK CORP: June 3 Hearing Set for Flash Memory Antitrust Suit
SECURE COMPUTING: Calif. Court Denies Bid to Dismiss "Rosenbaum"
T-MOBILE USA: Faces Wash. Suit Over Voice Mail Roaming Charges
YAHOO! INC: Calif. Court Allows Transfer of Securities Suit
YAHOO! INC: Faces Lawsuits in Calif. & Del. Over Microsoft Offer
                  New Securities Fraud Cases
CBEYOND INC: Chitwood Harley Files Securities Fraud Suit in Ga.
CITIGROUP INC: Milberg LLP Files Auction Rate Securities Suit
DOWNEY FIN'L: Coughlin Stoia Files Calif. Securities Fraud Suit
MGIC INVESTMENT: Federman & Sherwood Files Suit in Michigan
                           *********
AEGIS COMMUNICATIONS: Faces Texas Suit Over Labor Law Violations
----------------------------------------------------------------
Aegis Communications is facing a class-action complaint filed 
before the U.S. District Court for the Northern District of 
Texas alleging the company makes its call-center employees work 
for free, off the books, CourtHouse News Service reports.
According to the complaint, Aegis violates the Fair Labor 
Standards Act by failing to pay overtime to thousands of 
telephone-dedicated employees who perform work for the company 
both before and after their assigned workshifts.
The plaintiffs bring this action on behalf of all current and 
former "telephone-dedicated employees" who make calls to and 
receive calls from Aegis' clients in Aegis' call centers.
The plaintiffs ask the court for:
     -- compensation for all hours worked at a rate not less 
        than the applicable minimum wage;
     -- overtime compensation for all unpaid hours worked in 
        excess of 40 hours in any workweek at the rate of one-
        and-one half times their regular rates;
     -- all unpaid wages and overtime compensation;
     -- an equal amount as liquidated damages as allowed under 
        the FLSA;
     -- reasonable attorney's fees, costs, and expenses of this 
        action as provided by the FLSA;
     -- pre-judgment and post-judgment interest at the highest 
        rates allowed by law; and
     -- such other relief as to which plaintiffs and the opt-in 
        plaintiffs may be entitled.
The suit is "Kevin Oliver et al v. Aegis Communications Group, 
case No. 308 CV-828 K," filed before the U.S. District Court for 
the Northern District of Texas.
Representing the plaintiffs are:
          J. Derek Braziel, Esq.
          Meredith Mathews, Esq.
          Lee & Braziel, LLP
          1801 N. Lamar Street, Suite 325
          Dallas, TX 75202
          Phone: 214-749-1400
          Fax: 214-749-1010
AGWAY: 2nd Circuit Splits Over Class Action Fairness Act's Scope 
----------------------------------------------------------------
A panel of the 2nd U.S. Circuit Court of Appeals split on 
May 14 over the scope of a federal law designed to funnel 
securities cases to the federal courts, Mark Hamblett writes for 
the New York Law Journal.
The report says that, deciding a case of first impression, two 
judges gave an expansive interpretation to the Class Action 
Fairness Act of 2005.  The majority ruled that an action over 
the failure of a company to disclose it was insolvent should be 
heard in federal court, even though it was brought under New 
York state's consumer fraud law and did not involve nationally 
traded securities.
NY Law Journal notes that Judges Dennis Jacobs and Amalya Kearse 
ruled that plaintiffs seeking to hold the principals of Agway 
Inc. and its accounting firm liable for issuing money-market 
certificates while staying mum on the company's financial 
troubles did not qualify for one of the exceptions to federal 
jurisdiction in the act.  Judge Jacobs wrote for the majority.
Judge Rosemary Pooler dissented in "Estate of Barbara Pew v. 
Cardarelli, 06-5703-mv," saying the majority "misconstrues the 
plain language of the statute" and was engaged in the "judicial 
redrafting" of the law.
NY Law Journal recounts that the case was brought as a putative 
class action by people who bought Agway Certificates between 
September 2000 and September 2002, and sought to hold 
responsible Agway officers Donald P. Cardarelli and Peter J. 
O'Neill, as well as the company's auditor, 
PricewaterhouseCoopers.
As reported in the Class Action Reporter on Sept. 27, 2005, 
eight investors launched the lawsuit against Agway's former 
executives and its auditors, alleging that they misled
investors by not disclosing the farm cooperative's financial
problems.  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 
asked the court to let the matter go forward as a class action 
lawsuit and award an unspecified amount of 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 NY Law Journal, the defendants later removed the 
case to the Northern District of New York, where the plaintiffs 
amended their complaint to plead deceptive acts or practices 
under the state consumer fraud statute.
Judge Norman Mordue dismissed the federal securities claim and 
declined to exercise supplemental jurisdiction over the state 
claim, dismissing it without prejudice.
NY Law Journal further recalls that the plaintiffs returned to 
state court in 2005 to plead only the state consumer fraud 
claim.  Again, the action was removed to federal court, where 
Judge Mordue agreed that he lacked jurisdiction because the suit 
fell under an exception to the Class Action Fairness Act.
Judge Jacobs explained that one of the act's purposes was "to 
provide a federal forum for securities cases that have national 
impact, without impairing the ability of state courts to decide 
cases of chiefly local import or cases that concern traditional 
state regulation of the state's corporate creatures."
NY Law Journal notes that the Class Action Fairness Act 
accomplished this goal by expanding federal jurisdiction and 
giving appellate courts the jurisdiction to review orders 
granting or denying remand to removed cases.
The defendants here petitioned for permission to appeal Judge 
Mordue's remand order.  Over the plaintiffs' objections, the 
circuit granted the petition.
Under Section 1453(c), "a court of appeals MAY accept an appeal 
from an order of a district court granting or denying a motion 
to remand," Judge Jacobs said.  "Here, we elect to entertain 
defendants' appeal because the question of whether a state-law 
deceptive practices claim can be predicated on the sale of a 
security is removable under CAFA is important and consequential, 
and a decision on the question will alleviate uncertainty in the 
district courts."
The circuit also elected to decide the merits of the question.
Judge Jacobs said the certificates did not fit into two of 
CAFA's exceptions because:
     (1) the certificates were not traded nationally and were
         not listed on any national exchange; and
     (2) the plaintiffs' claims did not concern corporate
         governance.
The only plausible exception to the removal provision here, 
Judge Jacobs said, was the third one, spelled out in 28 U.S.C. 
Section 1332(d)(9)(C), for actions related "to the rights, 
duties (including fiduciary duties), and obligations relating to 
or created by or pursuant to any security."
Judge Jacobs said the statute was ambiguous, but the court 
concluded in the end that the third and final exception did not 
apply.  He said the Securities Litigation Uniform Standards Act, 
which bars state law class actions for fraud in connection with 
securities traded on national exchanges, "carves out an 
exception for actions that are based on the law of the state in 
which the issuer is incorporated or organized and that concern 
transactions with or communications to persons who already hold 
the securities of the issuer."
The Securities Litigation Uniform Standards Act, he said, 
thereby creates "concurrent jurisdiction in cases that are 
likely to have both national and local impact."
"CAFA's amendments to the diversity statute -- including its 
exceptions -- proceed along similar lines, granting federal 
courts jurisdiction over all class actions (with regard to 
securities and otherwise) over $5 million in the aggregate even 
if the class members are largely out of state," Jacobs said. 
"Reading the provisions in context, we infer that diversity 
jurisdiction is created under CAFA for all large, non-local 
securities class actions, subject to the three exceptions 
discussed above."
This conclusion was supported by an examination of the 
legislative history, Judge Jacobs said.
The panel reversed Judge Mordue's order and remanded the case to 
him for further proceedings.
Judge Pooler in her dissent said it was "obvious" the securities 
at issue were covered by the exception in Section 1332(d)(9)(C), 
NY Law Journal says.
"The instant suit plainly concerns Agway's failure to fulfill 
its obligations with respect to the certificates and the 
plaintiffs' consequent deprivation of their rights with respect 
to the same," Judge Pooler wrote.  "If this suit therefore does 
not solely involve a claim 'that relates to the rights . . . and 
obligations relating to or created by or pursuant to' the 
certificates, I am at a loss to understand why."
Robert I. Harwood, Esq., of Harwood Feffer, one of the attorneys 
who represented the plaintiffs, said he and his colleagues are 
weighing whether to seek a rehearing en banc.  "Here, CAFA was 
intended to allow the removal of securities cases of national 
importance from state court but at the same time, without 
impacting traditional state regulation of state corporate 
concern," Mr. Harwood said.  "This decision achieves exactly the 
opposite."
Peter K. Vigeland, Esq., of WilmerHale argued the defense's case 
before the circuit.  His co-counsel, Philip Anker, Esq., of 
WilmerHale, declined to comment, NY Law Journal says. 
AIRLINES: Skycaps File Nationwide $2-Per-Bag Fee Suit in Mass.
--------------------------------------------------------------
Airport skycaps filed a nationwide suit with the U.S. District 
Court for the District of Massachusetts accusing employers of 
cheating them by paying them less than minimum wage and 
discouraging tipping by charging a $2 per bag "baggage fee" 
which customers falsely believe will be given to the skycaps, 
CourtHouse News Service reports.
This is a class and collective action brought on behalf of 
skycaps working at airports throught the United States. These 
skycaps are directly employed by the defendant contractor 
companies to provide curbside check-in service for a number of 
major airlines, including:
          -- US Airways
          -- JetBlue and
          -- American Airlines.
Named defendants in the suit are: 
          -- Huntleigh Corp., 
          -- Prime Flight Aviation Services, 
          -- Flight Services & Systems, 
          -- American Sales Management Organization, and
          -- Prospect Airport Services.
The plaintiffs bring claims under the Federal Fair Labor 
Standards Act, 29 U.S.C. Section 201 et seq.  Specifically, the 
defendants have violated the FLSA by paying the skycaps less 
than the federal minimum wage because they are not entitle to 
take the "tip credit" against the minimum wage under the FLSA.
The skycaps say the baggage fee, imposed in 2005, has seriously 
impaired their earnings, which were heavily dependent on tips, 
and that they often end up working for less than minimum wage.
The skycaps say this unfair system has been imposed at major 
airline counters, including United, US Airways, JetBlue and 
American, at airports around the country, including O'Hare in 
Chicago, Logan in Boston, Philadelphia International, Louis 
Armstrong International in New Orleans, and Fort Lauderdale 
Hollywood International in Florida.
The plaintiffs ask the court for:
     -- permission for skycaps throughout the country who are 
        employed by the defendant contractors and are paid less 
        than federal minimum wage to opt in to this action, 
        pursuant to Section 216(b) of the FLSA;
     -- certification of subclasses of skycaps in states in 
        which the defendants' actions violate state statutes 
        relating to tipping and minimum wage, pursuant to Fed. 
        R. Civ. P. 23;
     -- restitution for all wages lost by the skycaps as a 
        result of defendants' actions;
     -- restitution for the full minimum wage (under the FLSA 
        and applicable state statutes);
     -- liquidated and multiple damages as allowed by law, 
        including treble damages under Massachusetts law;
     -- attorneys' fees and costs;
     -- an injunction ordering defendants to cease their 
        violations of the law as described; and
     -- any other relief to which the plaintiffs may be 
        entitled.
The suit is "Carlos Borges Carreiro et al. v. Huntleigh Corp. et 
al.," filed before the U.S. District Court for the District of 
Massachusetts.
Representing the plaintiffs are:
          Shannon Liss-Riordan, Esq.
          Hillary Schwab, Esq.
          Pyle, Rome, Lichten, Ehrenberg & Liss-Riordan, PC
          18 Tremont Street, 5th Floor
          Boston, MA 02108
          Phone: 617-367-7200
APPLE INC: Consumers Seek $1.2BB in Damages Over Locked iPhones
---------------------------------------------------------------
Apple Inc. and AT&T are up against a consumer class action suit  
seeking $1.2 billion in damages because the iPhone is locked to 
AT&T's wireless network, Peter Franklin writes for Half Life 
Source.  According to the report, the lawsuit is considered to 
be one of the largest consumers class action suits filed.
The suit also notes that Apple will not allow unauthorized 
applications on the iPhone.
Filed on behalf of Paul Holman in the State of Washington and 
Lucy Rivello in California, the lawsuit explains that in the 
United States, the SIM chip is locked to the wireless carrier, 
not the hardware device.
Half Life Source notes that when Apple released the iPhone, it 
tied the device to AT&T.  Switching out the SIM with one from 
another carrier simply caused an error when the phone was 
rebooted.  However, the cellular community quickly tackled the 
iPhone and found several ways to unlock the phone, allowing 
users to activate it using another carrier.
On September 24, 2007, Apple warned customers that unlocking the 
phone could render it inoperable when future software updates 
were applied, the report recounts.  Three days later, an iPhone 
update was released that effectively bricked unlocked iPhones.
The lawsuit also contends that Apple did not discover that 
unlocking applications would harm the iPhone as it stated on 
September 24.  Rather, the suit says that Apple engineered the 
software update to disable the phones on purpose.
BEAR STEARNS: May 19 is Lead Plaintiff Application Deadline
-----------------------------------------------------------
Christopher Gray, Esq., of the Law Office of Christopher J. 
Gray, P.C., in New York City reminds investors who purchased the 
common stock of The Bear Stearns Companies, Inc., between 
December 14, 2006, and March 14, 2008, inclusive, that the 
deadline to file a motion to serve as lead plaintiff in the 
securities class action filed before the U.S. District Court for 
the Southern District of New York is May 19, 2008.
Additionally, investors who bought Bear, Stearns stock before 
December 14, 2006, and held same through March 2008, as well as 
investors who purchased Bear, Stearns securities other than 
common stock, may also be able to assert individual claims that 
are not included in the class action by filing their own 
individual lawsuits. 
Finally, employees of Bear, Stearns who incurred losses as a 
result of the drop in the value of Bear, Stearns stock may be 
entitled to assert certain claims under the Employee Retirement 
Income Security Act of 1974 that are not available to non-
employee investors.
Bear, Stearns shareholders suffered staggering financial losses 
as the company's shares lost more than 90 percent of their value 
from March 13, 2008, to March 17, 2008.  On March 13, 2008, 
Bear, Stearns announced it had received emergency financing from 
JPMorgan Chase and the Federal Reserve, triggering a dramatic 
selloff of the company's shares.  The bailout news was followed 
by an announcement on Monday, March 17, 2008, that JPMorgan 
Chase would acquire Bear Stearns for $2.00 per share.  On 
March 24, 2008 the companies announced that they had modified 
the merger agreement, with JP Morgan agreeing to offer to Bear, 
Stearns shareholders $10.00 per share.
The complaint in the class action charges Bear, Stearns and 
certain of its officers with violations of the federal 
securities laws and alleges that as a result of defendants' 
false and misleading statements concerning Bear, Stearns' 
financial status, Bear, Stearns stock traded at artificially 
inflated prices during the Class Period.
For more information, contact:
          Christopher J. Gray, Esq.
          Law Office of Christopher J. Gray, P.C.
          460 Park Avenue, 21st Floor
          New York, NY 10022
          Phone: 212-838-3221
          Fax: 212-937-3139
          e-mail: newcases@cjgraylaw.com
BIOVAIL CORP: Reaches $138M Settlement in US & Canada Litigation
----------------------------------------------------------------
Bernstein Litowitz and Milberg LLP announced the proposed 
$138-million settlement of a securities class action lawsuit 
against Biovail Corporation and certain of its officers or 
directors. 
The settlement is in connection with these cases:
     * "In re Biovail Corporation Securities Litigation, Master 
       File No. 03-CV-8917 (GEL)" filed before the United States 
       District Court for the Southern District of New York; and
     * "Canadian Commercial Workers Industry Pension Plan 
       against Biovail Corporation, Eugene N. Melnyk, Brian H. 
       Crombie, John R. Miszuk and Kenneth G. Howling, Court 
       File No. 48172 CP" filed before the Ontario Superior
       Court of Justice.
The classes include all persons and entities who purchased the 
common stock of Biovail Corporation on the New York Stock 
Exchange or other U.S. stock exchanges or the Toronto Stock 
Exchange or other Canadian stock exchanges during the period 
from February 7, 2003, through and including March 2, 2004.
The U.S. and Canadian Actions are being resolved through a 
single Settlement Fund.  However, there will be no distribution 
of funds through the Canadian Action.  The only Proof of Claim 
form that will be distributed is the claim form in the U.S. 
Action.
Deadline to file for exclusion and objection is on July 8, 2008. 
Deadline to file claims is on September 8, 2008.
The United States District Court for the Southern District of 
New York will hold a fairness hearing at 11:00 a.m., on Aug. 8, 
2008 before the Honorable Gerald E. Lynch.
The Ontario Superior Court of Justice will hold a fairness 
hearing at 10:00 a.m. on September 15, 2008.
Biovail Securities Suit Settlement on the net: 
http://www.BiovailSecuritiesLitigationSettlement.com/ 
For more information, contact:
          In re Biovail Securities Litigation
          c/o Complete Claim Solutions, LLC
          Claims  Administrator
          Post Office Box 24640
          West Palm Beach, FL 33416
          Phone: 877-465-5582
CHICAGO TITLE: Faces Wash. Suit Over Deceptive & Illegal Charges
----------------------------------------------------------------
Chicago Title Insurance Co. is facing a class-action complaint 
filed before the U.S. District Court for the Western District of 
Washington accusing it of charging deceptive and illegal fees 
for reconveyance, splitting the fees, and illegally requiring 
use of its own duplicate reconveyance services, CourtHouse News 
Service reports.
The plaintiffs bring this action for trebled damages and 
injunctive relief under the Real Estate Settlement Procedures 
Act, 12 U.S.C. Section 2601 et seq. and the statutes of 35 
states and the District of Columbia against Chicago Title 
Insurance.
The plaintiffs bring this action under Rule 23 of the Federal 
Rules of Civil Procedure on behalf of all persons -- excluding 
governmental entities, defendant subsidiaries and affiliates of 
defendant -- who purchased directly, from defendant and its 
affiliates and subsidiaries, escrow settlement services for 
residential property in the United States during the five year 
period preceding the filing of the complaint and who were:
     -- charged one or more reconveyance fees by defendant; and
     -- where defendant did not actually perform the service of 
        preparing, processing and recording the reconveyance 
        associated with the paid off loan in the underlying real 
        estate transaction.
The plaintiffs want the court to rule on:
     (a) whether defendant has engaged in the alleged illegal, 
         unfair and deceptive acts of charging duplicative, 
         split, unearned and unreasonable reconveyance 
         processing fees, as set forth;
     (b) the duration and scope of defendant's alleged illegal, 
         unfair and deceptive acts;
     (c) whether defendants' acts were in violation of RESPA;
     (d) whether defendant's acts have caused damages to 
         plaintiffs and other purchasers of escrow services from 
         defendant;
     (e) whether defendant breached its fiduciary and agency 
         duties to plaintiffs and the members of the class;
     (f) whether defendant has been unjustly enriched; and
     (g) whether defendant misrepresented or concealed from 
         plaintiffs any of its violations as an agent or 
         fiduciary, thereby delaying the accrual of any cause of 
         action and tolling any otherwise applicable statutes of 
         limitations.
The plaintiffs ask the court for:
     -- an order declaring that this action may be 
        maintained as a class action pursuant to Federal Rules 
        of Civil Procedure, Rule 23, and for an order certifying 
        this case as a class action and appointing plaintiffs as 
        class representatives;
     -- an order declaring that:
          (i) plaintiffs and the class were charged duplicative, 
              unearned and unreasonable fees for reconveyance by 
              defendant;
         (ii) defendant was obligated to inform plaintiffs and
              the class that their prior lenders were providing 
              reconveyance processing at no cost or had included 
              charges for reconveyances processing in the
              amounts paid by plaintiffs and the class to pay
              off their prior loans;
        (iii) defendant required the use of a settlement
              services provider;
         (iv) defendant violated RESPA and the laws of the
              states by these acts and by failing to inform
              plaintiffs and the class of the true nature of the
              reconveyance fees that defendant charged and by
              failing to charge and collect only the agreed fees
              for the settlement services provide by defendant;
     -- an order declaring that defendant breached its 
        fiduciary duty to plaintiffs and members of the class by 
        carrying out the Reconveyance Scheme;
     -- an order issuing a permenent injunction requiring 
        defendant to:
          (i) inform all customers and potential customers in 
              writing that reconveyance processing may be 
              performed by their prior lenders; and
         (ii) refund to customers any amounts collected as 
              reconveyance fees where reconveyance processing
              was not in fact provided by defendant;
     -- an order requiring defendant to refund the illegal 
        and deceptive charges for reconveyance fees to 
        plaintiffs and the class;
     -- judgment for plaintiffs and the class on their 
        claims in an amount to be proven at trial, for 
        compensatory damages caused by defendant's unfair or 
        deceptive practices; along with exemplary damages to 
        each class member for each violation;
     -- judgment for plaintiffs and the class on their RESPA 
        claim, in an amount to be proven at trial, for three 
        times the amount of reconveyance fees paid to defendant 
        by plaintiffs and the class;
     -- restitution of all improperly collected charges and 
        interest, and the imposition of an equitable 
        constructive trust over all such amounts for the benefit 
        of plaintiffs and members of the class;
     -- an order awarding plaintiffs and the class their 
        attorney's fees and costs; and
     -- such other and further relief as may appear necessary 
        and appropriate.
The suit is "Marck Buschbeck et al v. Chicago Title Insurance," 
filed before the U.S. District Court for the Western District of 
Washington.
Representing the plaintiffs are:
          Steve W. Berman, Esq. (steve@hbslaw.com)
          Tyler Weaver, Esq. (tyler@hbslaw.com)
          Thomas E. Loeser, Esq. (toml@hbslaw.com)
          Hagens Berman Sobol Shapiro LLP
          1301 Fifth Avenue, Suite 2900
          Seattle, WA 98101
          Phone: 206-623-7292
          Fax: 206-623-0594
EL AL ISRAEL: Sued Over Postponed Flights After Labor Strike
------------------------------------------------------------
A request has been filed before the Tel Aviv District Court to 
recognize a class-action lawsuit against El Al Israel Airlines 
Ltd. (TASE: ELAL) for damage cost to ticket holders for delayed 
flights caused by a strike declared by the Histadrut (General 
Federation of Labor in Israel) on November 29, 2006, Globes 
Online reports.
The report relates that the ticket holders had reservations for 
flights from Europe to Israel on November 30, 2006, from 7:00 
p.m. and later.  These flights were delayed until December 1, 
2006, or later, forcing passengers to stay at least one more 
night overseas.
The claimant bought two El Al round-trip tickets from Tel Aviv 
to Lisbon for herself and her husband.  She claims that the 
return flight was delayed from 10:30 p.m. on November 30, 2006, 
to 11:30 a.m. on December 1, 2006, and that El Al's explanations 
for the delay failed to explain why the strike forced the delay 
in the flight.  The strike ended on November 30, 2006, at 7:00 
a.m.  She says that El Al should compensate her for the damages 
incurred by the delay.
FIRST MARBLEHEAD: Lead Plaintiff Application Deadline is June 9
---------------------------------------------------------------
Law Offices of Howard G. Smith announced a June 9, 2008 deadline 
for investors to move to be a lead plaintiff in the securities 
class action lawsuit filed on behalf of all persons who 
purchased or otherwise acquired the common stock of The First 
Marblehead Corporation (NYSE: FMD) between August 10, 2006 and 
April 7, 2008, inclusive. 
The shareholder lawsuit is pending in the United States District 
Court for the District of Massachusetts.
The complaint alleges that the defendants violated federal 
securities laws by issuing material misrepresentations during 
the class period concerning, among other things, the level of 
default rates in the company's portfolio and the default rates' 
effect on the company's ability to securitize additional student 
loan underwritings.
For more information, contact:
          Howard G. Smith, Esq. (howardsmithlaw@hotmail.com)
          Law Offices of Howard G. Smith
          3070 Bristol Pike, Suite 112
          Bensalem, PA 19020
          Phone: 215-638-4847
          Toll-Free: 888-638-4847
          Web site: http://www.howardsmithlaw.com/
FORMFACTOR INC: July 18 Hearing Set in Calif. Securities Lawsuit
----------------------------------------------------------------
A July 18, 2008 hearing is set for a consolidated securities 
fraud class action suit filed before the U.S. District Court for 
the Northern District of California against FormFactor, Inc., 
according FormFactor's May 8, 2008 Form 10-Q filing with the 
U.S. Securities and Exchange Commission for the quarter ended 
March 29, 2008. 
The purported stockholder class action, titled "Danny McCasland, 
Individually and on Behalf of All Others Similarly Situated v. 
FormFactor, Inc., Igor Y. Khandros, Ronald C. Foster and Richard 
M. Freeman," was filed on Oct. 31, 2007, and names the company 
and certain of its current officers, including one officer who 
is a director, as defendants.
Subsequently, the plaintiffs filed two other purported 
stockholder class action suits before the U.S. District Court 
for the Northern District of California under the captions:
      1. "Yuk Ling Lui, on Behalf of Herself and All Others
         Similarly Situated v. FormFactor, Inc., Igor Y.
         Khandros, Ronald C. Foster and Richard M. Freeman,"
         and
      2. "Victor Albertazzi, Individually and on Behalf of All
         Others Similarly Situated v. FormFactor, Inc., Igor Y.
         Khandros, Ronald C. Foster and Richard M. Freeman."
The plaintiffs filed these actions following the company's 
restatement of its financial statements for the fiscal year 
ended Dec. 30, 2006, for each of the fiscal quarters for that 
year, and for the fiscal quarters ended March 31 and June 30, 
2007.
The plaintiffs claim violations of Sections 10(b) and 20(a), and 
Rule 10b-5 of the U.S. Securities Exchange Act of 1934, alleging 
that the defendants knowingly issued materially false and 
misleading statements regarding the Company's business and 
financial results prior to the restatements.
The plaintiffs seek to recover unspecified monetary damages, 
equitable relief and attorneys' fees and costs.
The three actions were later consolidated.  In April 2008, the 
designated lead plaintiffs filed a Consolidated Amended 
Complaint.  
On or about May 5, 2008, the company filed a motion to dismiss 
the Consolidated Amended Complaint.  The Court has set a hearing 
date of July 18, 2008.
The suit is "McCasland v. Formfactor, Inc., Case No. 3:07-cv-
05545-SI," filed before the U.S. District Court for the U.S. 
District Court for the Northern District of California, Judge 
Susan Illston presiding.
Representing the plaintiffs are:
          Shawn A. Williams, Esq. (shawnw@csgrr.com)
          Coughlin Stoia Geller Rudman & Robbins LLP
          100 Pine Street Suite 2600
          San Francisco, CA 94111
          Phone: 415-288-4545
          Fax: 415-288-4534
          Alan R. Plutzik, Esq. (aplutzik@bramsonplutzik.com)
          Bramson, Plutzik, Mahler & Birkhaeuser, LLP
          2125 Oak Grove Road, Suite 120
          Walnut Creek, CA 94598
          Phone: 925-945-0200
          Fax: 925-945-8792
               - and -
          Arthur L. Shingler, III, Esq.
          (ashingler@scott-scott.com)
          Scott + Scott, LLC
          600 B. Street, Suite 1500
          San Diego, CA 92101
          Phone: 619-233-4565
          Fax: 619-233-0508
Representing the defendants is:
          Robert P. Varian, Esq. (rvarian@orrick.com)
          Orrick Herrington & Sutcliffe LLP
          405 Howard Street
          San Francisco, CA 94105
          Phone: 415-773-5700
          Fax: 415-773-5759
    
FORMFACTOR INC: Faces Stockholder Derivative Lawsuit in Calif.
--------------------------------------------------------------
FormFactor, Inc., is facing a consolidated stockholder 
derivative lawsuit that was filed with the the Superior Court of 
the State of California for the County of Alameda, according to 
the company's May 8, 2008 Form 10-Q filing with the U.S. 
Securities and Exchange Commission for the quarter ended 
March 29, 2008. 
Initially, two purported stockholder derivative actions were 
filed starting Nov. 19, 2007.  The suits name the company as a 
nominal defendant and certain of its directors and officers as 
defendants.  
The first suit is captioned, "John King, Derivatively on Behalf 
of Nominal Defendant FormFactor, Inc. v. Dr. Igor Y. Khandros, 
Dr. Homa Bahrami, Dr. Thomas J. Campbell, G. Carl Everett, Jr., 
Lothar Maier, James A. Prestridge, Harvey A. Wagner, Ronald C. 
Foster and Richard M. Freeman, and FormFactor, Inc."
Subsequently, another plaintiff filed a second purported 
stockholder class action under the caption, "Joseph Priestley, 
Derivatively on Behalf of FormFactor, Inc. v. Igor Y. Khandros, 
Mario Ruscev, James A. Prestridge, Thomas J. Campbell, Harvey A. 
Wagner, G. Carl Everett, Jr., Homa Bahrami, Lothar Maier, 
William H. Davidow and Joseph R. Bronson, and FormFactor, Inc."
The plaintiffs filed the actions following the company's 
restatement of its financial statements for the fiscal year 
ended Dec. 30, 2006, for each of the fiscal quarters for that 
year, and for the fiscal quarters ended March 31 and June 30, 
2007.
The plaintiffs allege that the defendants breached their 
fiduciary duties and violated applicable law by issuing, and 
permitting the company to issue, materially false, and 
misleading statements regarding the Company's business and 
financial results prior to the restatements.  
The plaintiffs seek to recover monetary damages, and attorneys' 
fees and costs.
The two derivative action lawsuits have been consolidated, and a 
consolidated amended complaint is expected to be filed in mid-
July 2008.
FormFactor, Inc. -- http://www.formfactor.com/-- designs,   
develops, manufactures, sells and supports precision 
semiconductor wafer probe cards.  Semiconductor manufacturers 
use the Company's wafer probe cards to perform wafer probe test 
on the whole wafer in the front end of the semiconductor 
manufacturing process.  FormFactor offers products and solutions 
that are custom designed for semiconductor manufacturers' wafer 
designs.  
GLOBAL CASH: Lead Plaintiff Application Deadline is on June 10 
--------------------------------------------------------------
Law Offices of Howard G. Smith announced a June 10, 2008 
deadline for investors to move to be a lead plaintiff in the 
securities class action lawsuit filed on behalf of all persons 
who purchased or acquired the common stock of Global Cash Access 
Holdings, Inc. (NYSE: GCA) pursuant or traceable to the 
Company's initial public offering commencing September 22, 2005, 
and who held such shares of GCA common stock until November 14, 
2007. 
The shareholder lawsuit is pending in the United States District 
Court for the Southern District of New York.
The complaint alleges that the defendants violated federal 
securities laws by issuing material misrepresentations to the 
market concerning, among other things, the sufficiency of the 
company's internal controls and their effect on the reporting of 
the company's financial results, thereby artificially inflating 
the price of GCA stock.
For more information, contact:
          Howard G. Smith, Esq. (howardsmithlaw@hotmail.com)
          Law Offices of Howard G. Smith
          3070 Bristol Pike, Suite 112
          Bensalem, PA 19020
          Phone: 215-638-4847
          Toll-Free: 888-638-4847
          Web site: http://www.howardsmithlaw.com/
HARRAH'S ENTERTAINMENT: Court Approves Settlement of Buyout Suit
----------------------------------------------------------------
The U.S. District Court for the District of Nevada gave final 
approval to the settlement of purported class action suits 
involving the proposed buyout of Harrah's Entertainment, Inc., 
by private equity investors, according to Harrah's May 15, 2008 
Form 10-Q filing with the U.S. Securities and Exchange 
Commission for the quarter ended March 31, 2008. 
The plaintiffs in the suits consider the $15.1-billion offer 
from the buyout firms, which translates to a per share price of 
$83.50, as too low.  They generally allege that the transaction 
is an "apparent camouflaged management buyout," (Class Action 
Reporter, March 31, 2008).
                        Delaware Lawsuits
On Oct. 5, 2006, Henoch Kaiman and Joseph Weiss filed a 
purported class action complaint before the Delaware Court of 
Chancery, Civil Action No. 2453-N, against Harrah's, its board 
of directors and its sponsors (Apollo Global Management, LLC and 
TPG Capital, L.P.), challenging the proposed transaction as 
inadequate and unfair to Harrah's public stockholders.
Two similar putative class action complaints were subsequently 
filed in the Delaware Court of Chancery:
     1. "Phillips v. Loveman, et al., Civil Action No. 2456-
        N;" and
     2. "Momentum Partners v. Atwood, et al., Civil Action No.
        2455-N."
On Oct. 19, 2006, the Delaware Court of Chancery consolidated 
the three Delaware cases under the heading, "In Re Harrah's 
Entertainment, Inc. Shareholder Litigation."
On Dec. 22, 2006, the Delaware plaintiffs' counsel filed an 
amended and consolidated class action complaint against 
Harrah's, its directors, and the Sponsors, and added as 
defendants Apollo Management V, L.P., Hamlet Holdings, LLC, and 
Merger Sub.
The consolidated complaint alleges that Harrah's board of 
directors breached their fiduciary duties and that the Sponsors 
aided and abetted the alleged breaches of fiduciary duty in 
entering into the merger agreement.
The consolidated complaint seeks, among other relief, class 
certification of the lawsuit, an injunction against the proposed 
transaction, compensatory and rescissory damages to the class, 
and an award of attorneys' fees and expenses to plaintiffs.
On Feb. 14, 2007, the defendants began to produce documents in 
response to the Delaware plaintiff's initial discovery request.
                   Initial Nevada Lawsuits
On Oct. 3, 2006, Natalie Gordon filed a putative class action 
lawsuit in the state district court in Clark County, Nevada, 
Case No. A529183, against Harrah's, its board of directors and 
the Sponsors, challenging the proposed transaction as inadequate 
and unfair to Harrah's public stockholders.
Eight similar putative class actions were subsequently filed 
with the Clark County district court:
      1. "Phillips v. Harrah's Entertainment, Inc., et al.,
         Case No. A529184;"
      2. "Murphy v. Harrah's Entertainment, Inc., et al., Case
         No. A529246;"
      3. "Shapiro v. Alexander, et al., Case No. A529247;"
      4. "Barnum v. Alexander, et al., Case No. A529277;"
      5. "Iron Workers Tennessee Valley Pension Fund v.
         Harrah's Entertainment, Inc., et al., Case No.
         A529449;"  
      6. "Staehr v. Harrah's Entertainment, Inc., et al., Case
         No. A529385;"
      7. "Berliner v. Harrah's Entertainment, Inc., et al.,
         Case No. A529508;" and
      8. "Frechter v. Harrah's Entertainment, Inc., et al.,
         Case No. A529680."
All of the complaints name Harrah's and its current directors as 
defendants.  Four of the complaints also name the Sponsors as 
defendants.
One complaint further names two former directors of Harrah's as 
defendants: Joe M. Henson and William Barron Hilton.  
On Oct. 6, 2006, the Clark County district court consolidated 
these complaints under the heading, "In Re Harrah's Shareholder 
Litigation," and appointed liaison counsel for the consolidated 
action.  A consolidated class action complaint was subsequently 
filed.
The consolidated complaint alleges that Harrah's Entertainment's 
board of directors breached their fiduciary duties and the 
Sponsors aided and abetted the alleged breaches of fiduciary 
duty in connection with the proposed transaction.
The consolidated complaint seeks, among other relief, class 
certification of the lawsuit, an injunction against the proposed 
transaction, declaratory relief, compensatory and rescissory 
damages to the class, and an award of attorneys' fees and 
expenses to the plaintiffs.
On Oct. 25, 2006, Harrah's removed the consolidated action to 
the U.S. District Court for the District of Nevada as "In Re 
Harrah's Shareholder Litigation, Case 2:06-CV-01356," pursuant 
to the Securities Litigation Uniform Standards Act.
On Nov. 27, 2006, plaintiffs Gordon, Phillips, Murphy, Shapiro, 
and Barnum filed a motion for remand.  Also on that date, 
plaintiff Iron Workers Tennessee Valley Pension Fund filed a 
separate motion for remand. 
On Dec. 5, 2006, plaintiff Frechter joined Iron Workers' motion 
for remand.
On Jan. 5, 2007, the plaintiff in Iron Workers filed notice of 
its intention to voluntarily dismiss its action.  Then, 
plaintiffs Gordon, Phillips, Murphy, Shapiro and Barnum filed a 
notice of withdrawal of their motion for remand.  
The court approved these notices on Jan. 9, 2007. 
On Jan. 23, 2007, defendants moved to dismiss the remaining 
actions pursuant to SLUSA.
On Feb. 5, 2007, plaintiffs Gordon, Phillips, Murphy, Shapiro 
and Barnum filed a First Amended Consolidated Class Action 
Complaint, adding a claim that the December 2006 14A filings by 
Harrah's with the SEC in connection with the merger were false 
and misleading.
Accordingly, eight consolidated cases currently remain in the 
U.S. District Court for the District of Nevada.  
On Feb. 12, 2007, the court denied the Frechter motion for 
remand under the SLUSA.  
On Feb. 23, 2007, the defendants filed a reply brief renewing 
their request that the court dismiss the actions in their 
entirety.
                  Subsequent Nevada Lawsuits
On Nov. 22, 2006, two putative class actions were filed with the 
state district court in Clark County, Nevada against Harrah's 
and its board of directors:
       1. "Eisenstein v. Harrah's Entertainment, Inc., et al.,
          Case No. A531963;" and
       2. "NECA-IBEW Pension Fund v. Harrah's Entertainment,
          Inc., et al., Case No. A531965."
Both complaints allege that Harrah's board of directors breached 
their fiduciary duties in connection with the proposed 
transaction.
The complaints seek, among other things, declaratory and 
injunctive relief; neither of them seeks damages.
On Jan. 3, 2007, the plaintiffs in both actions filed a Joint 
Motion to Designate Litigation as Complex, Consolidate Cases, 
and for Appointment of Lead Counsel.  
A hearing on the plaintiffs' motion, which had been scheduled 
for Jan. 30, 2007, was vacated pursuant to a stipulation between 
the parties, dated Jan. 25, 2007.
On Jan. 26, 2007, in accordance with the parties' Jan. 25, 2007 
stipulation, the Clark County district court ordered the 
consolidation of the Eisenstein and NECA-IBEW Pension Fund 
complaints and appointed lead and liaison counsel.
                      Settlement Procedures
On March 8, 2007, Harrah's, its board of directors, and the 
other named defendants in the Delaware and Nevada Lawsuits above 
entered into a memorandum of understanding with plaintiffs' 
counsel in those lawsuits.  
Under the terms of the memorandum, Harrah's, its board of 
directors, the other named defendants, and the plaintiffs have 
agreed in principle that the Initial Nevada Lawsuits and the 
Delaware Lawsuit will be dismissed without prejudice and, 
subject to court approval, the Subsequent Nevada Lawsuits would 
be dismissed with prejudice.
The parties subsequently entered into a stipulation of 
settlement incorporating the terms of the memorandum of 
understanding.
Harrah's, its board of directors, and the other defendants deny 
all of the allegations in the lawsuits.  
Nevertheless, the defendants agreed in principle to settle the 
purported class action litigations in order to avoid costly 
litigation and mitigate the risk that the litigation may have 
caused a delay to the closing of the Merger.
Pursuant to the terms of the Stipulation, Harrah's agreed to 
provide certain additional information to stockholders that was 
included in its definitive proxy statement dated March 8, 2007.
In addition, Harrah's or its successor has agreed to pay the 
legal fees and expenses of plaintiffs' counsel, up to a certain 
limit and subject to approval by the court, and the costs of 
providing notice to the class.
Class members have the right to opt out of the proposed 
settlement.  However, the defendants have the right to terminate 
the proposed settlement if the holders of more than a designated 
amount of shares elect to opt out.
The entry of a final judgment and the grant of a release against 
Harrah's, its board of directors and the other named defendants 
will not affect the rights of any stockholders who timely and 
validly request exclusion from the settlement class pursuant to 
applicable law.
On Feb. 4, 2008, the Stipulation was submitted to a district 
court in Nevada, where it was approved and an order was entered 
for notice and a hearing in this matter.  
On April 21, 2008, a settlement hearing was held requesting 
final approval of the settlement.  On April 29, 2008, the court 
entered an Order and Final Judgment approving the settlement, 
dismissing the action, and granting plaintiffs' request for 
fees. 
With the settlement having been approved by the Nevada district 
court, the company intends to seek the dismissal, without 
prejudice, of the Delaware Lawsuit.
Harrah's Entertainment, Inc. -- http://www.harrahs.com/-- is   
gaming company that owns, operates, and manages about 50 casinos 
(under such names as Bally's, Caesars, Harrah's, Horseshoe, and 
Rio), primarily in the U.S. and the U.K. Operations include 
casino hotels, dockside and riverboat casinos, and Native 
American gaming establishments.  
IMMIGRATION SERVICES: Immigrants Sue Over Citizenship Delays
------------------------------------------------------------
A local immigration law firm is suing federal authorities over 
bureaucratic delays in citizenship applications and wants the 
lawsuit granted with class-action status, St. Petersburg Times 
reports.
According to St. Petersburg Times, St. Petersburg attorney 
Arturo Rios Jr., Esq., called the delays -- which in some cases 
have taken years -- "unreasonable and unlawful."
The report notes that immigration officials are required by law 
to make a decision on citizenship within 120 days of an 
applicant's naturalization interview.  Since 2002, the U.S. 
Citizenship and Immigration Services has required applicants to 
pass an FBI "name check."
Mr. Rios said that the extra step is not mentioned in the law, 
which requires a decision to be made by a set deadline.  He 
estimates the FBI name checks have caused a delay in at least 
60,000 citizenship applications nationwide.
"If there's a law that says you have to have it in 120 days, you 
have to abide by that," Mr. Rios told St. Petersburg Times.
Mr. Rios said that about 1,000 immigrants across Central Florida 
may be eligible to sign onto the Tampa lawsuit if a judge grants 
it class-action status.
The government agencies being sued include:
   -- the U.S. Attorney General,
   -- the Department of Homeland Security secretary,
   -- the FBI director, and
   -- a director for the U.S. Citizenship and Immigration
      Services.
According to the report, two Tampa Bay area women are the named 
plaintiffs in the complaint.  Elizabeth Bello-Camp is a native 
of the Dominican Republic and Samira Suljic is a native of 
Bulgaria.  Mr. Rios said that Ms. Bello-Camp passed her 
citizenship interview in 2006 and has been waiting since then to 
become a naturalized citizen.  Ms. Suljic, on the other hand, 
passed her interview process in 2005.
"The impact to these individuals is great," Mr. Rios shared. 
"They can't vote.  We have an election year where immigration is 
a key issue.  A lot of these individuals have family members who 
may be impacted."
Mr. Rios also told St. Petersburg Times that the delays also 
cause losses in Social Security benefits and potential problems 
being readmitted into the United States when traveling abroad.
The report says that immigration officials have not commented on 
the specific lawsuits, but say it now takes an average of 16 to 
18 months for a foreign-born resident with a green card to 
become a citizen.  That estimate is from the time immigrants 
apply to the time they are called for an interview and exam. 
Federal officials say the FBI name check is part of that 
process.
INVERNESS MEDICAL: Lead Plaintiff Application Deadline is June 9
----------------------------------------------------------------
Law Offices of Howard G. Smith announced a June 9, 2008 deadline 
for investors to move to be a lead plaintiff in the securities 
class action lawsuit filed on behalf of all persons who 
purchased or otherwise acquired the common stock of Inverness 
Medical Innovations, Inc. in the company's secondary public 
offering on or about November 14, 2007. 
The shareholder lawsuit is pending in the United States District 
Court for the District of Massachusetts.
The complaint alleges that the defendants violated federal 
securities laws by issuing material misrepresentations to the 
market in connection with the secondary public offering, 
concerning significant and severe integration issues that the 
company was then experiencing which were then impacting the 
company's continuing operations, thereby artificially inflating 
the price of Inverness Medical stock.
For more information, contact:
          Howard G. Smith, Esq. (howardsmithlaw@hotmail.com)
          Law Offices of Howard G. Smith
          3070 Bristol Pike, Suite 112
          Bensalem, PA 19020
          Phone: 215-638-4847
          Toll-Free: 888-638-4847
          Web site: http://www.howardsmithlaw.com/
IOMEGA CORP: Faces Lawsuit in Calif. Over EMC Corp. Buy-Out
-----------------------------------------------------------
Shareholders of Iomega Corp. have filed a class-action complaint 
before the Superior Court of the State of California, county of 
Vista-North County claiming Iomega's proposed sale to EMC Corp. 
for $3.85 a share is an unfairly low price, CourtHouse News 
service reports.
The plaintiffs allege that defendants knowingly or recklessly 
violating their fiduciary duties, including their duties of 
loyalty, good faith and independence owed to shareholders, or 
are aiding and abetting others in violating those duties.
the defendants also owe the company's stockholders a duty of 
truthfulness, which includes the disclosure of all material 
facts concerning the proposed transaction and, particularly, the 
fairness of the price offered for the stockholders' equity 
interest.
This action is brought on behalf of all owners of Iomega common 
stock and their successors in interest, except defendants and 
their affiliates.
The plaintiffs ask the court for an order:
     -- declaring this action to be a class action and 
        certifying named plaintiff as the class representative 
        and his counsel as class counsel;
     -- enjoining, preliminarily and permanently, the proposed 
        transaction;
     -- in the event that the transaction is consummated prior 
        to the entry of the court's final judgment, rescinding 
        it or awarding plaintiff and the class rescissory 
        damages;
     -- directing that defendants account to plaintiff and the 
        other members of the class for all damages caused by  
        them and account for all profits and any special 
        benefits obtained as a result of their breaches of their 
        fiduciary duties;
     -- awarding plaintiff the costs of this action, including a 
        reasonable allowance for the fees and expenses of 
        plaintiff's attorneys and experts; and
     -- granting plaintiff and the other members of the class 
        such further relief as the court deems just and proper.
The suit is "Feivel Gottlieb et al v. Stephen David et al., Case 
No 37-2008-00054149-CU-MC-NC," filed before the Superior Court 
of the State of California, County of Vista-North County.
Representing the plaintiffs are:
          David E. Bower, Esq.
          James K. Lo, Esq.
          Harrington Foxx Dubrow Canter
          1055 W. Seventh St., 29the Floor
          Los Angeles, CA 90017
          Phone: 213-486-3222
          Fax: 213-623-7929
LIFE PARTNERS: Discovery Ongoing in Tex. Breach of Contract Suit
----------------------------------------------------------------
Discovery is ongoing in the purported class action suit "Earl 
Parchia, et al. v. Life Partners, Inc., Cause No. 2006-2258-4," 
which was filed against Life Partners, Inc., in the 170th 
District Court of McLennan County, Texas.
Although the suit purports to represent a class of persons 
similarly situated, the court has not certified it as a class 
action.
The complaint, filed on June 9, 2006, alleges breach of contract 
in connection with advising purchasers of premiums, which come 
due on policies in which the escrow for premiums has been 
exhausted.  The suit also alleges that the company breached the 
its contract with purchasers by selecting life insurance 
policies insuring the lives of individuals who were not actually 
terminally ill.   
Although the company has filed a partial motion for summary 
judgment and discovery has been authorized, there has been no 
significant action in the case matter since Feb. 29, 2008.
The company reported no development in the matter in its May 16, 
2008 Form 10-K/A filing with the U.S. Securities and Exchange 
Commission for the fiscal year ended Feb. 29, 2008.
Life Partners Holdings, Inc. -- http://www.lphi.com/-- is  
engaged in facilitating viatical and life settlement transfers.  
Life Partners is the parent company of Life Partners, Inc.  LPI 
conducts business under the registered service mark Life 
Partners.  The company's revenues are principally derived from 
fees for facilitating the purchase of viatical and life 
settlement contracts.  A viatical  settlement is the sale of a 
life insurance policy by a terminally ill person to another 
party.  By selling the policy, the insured receives an immediate 
cash payment to use as he or she wishes.  The purchaser takes an 
ownership interest in the policy at a discount to its face value 
and receives the death benefit under the policy when the viator 
dies.  
MOLSON COORS: Settles U.S. & Canadian Lawsuits Over 2005 Merger
---------------------------------------------------------------
Molson Coors Brewing Co., formerly Adolph Coors Co., settled for 
$6 million several purported class action suits in both the 
United States and Canada in relation to its 2005 merger with 
Molson, Inc., according to the company's May 6, 2008 Form 10-Q 
filing with the U.S. Securities and Exchange Commission for the 
quarter ended March 30, 2008. 
Beginning in May 2005, several purported class action lawsuits 
were filed against Molson Coors in the U.S. and Canada, 
including federal courts in Delaware and Colorado and provincial 
courts in Ontario and Quebec.  
The suits allege, among other things, that the company, 
including Molson Inc. and certain of the company's officers and 
directors misled stockholders by failing to disclose first 
quarter (January-March) 2005 U.S. business trends prior to a 
merger vote in January 2005.
The Colorado federal case has been transferred to the Delaware 
federal court.  The Delaware federal lawsuits also allege that 
the company failed to comply with U.S. Generally Accepted 
Accounting Principles.  
The Quebec Superior Court heard arguments in October 2007 
regarding the plaintiffs' motion to authorize a class in that 
case.  The company opposed the motion.
During the first quarter of 2008, the company agreed in 
principle with the plaintiffs' counsel in all pending securities 
cases in Delaware, Quebec, and Ontario to settle all claims on a 
worldwide basis.  
Pursuant to the settlement, the company would pay $6 million, 
which would be paid by the company's insurance carrier.
Molson Coors Brewing Co. (MCBC) -- http://www.molsoncoors.com/ 
-- formerly known as Adolph Coors Co., is principally a holding 
company, and its operating subsidiaries include Coors Brewing 
Company, operating in the U.S.; Coors Brewers Limited, operating 
in the United Kingdom; Molson Canada, operating in Canada, and 
its other corporate entities.  MCBC, through its subsidiaries 
are engaged in manufacturing, marketing and selling of malt 
beverage products.  MCBC has three operating segments: Canada, 
the U.S. and Europe.  Each segment manufactures, markets and 
sells beer and other beverage products. 
MONSTER WORLDWIDE: Seeks Dismissal of N.Y. ERISA Violations Suit
----------------------------------------------------------------
Monster Worldwide, Inc., is seeking the dismissal of the second 
amended complaint in a purported class action lawsuit filed 
before the U.S. District Court for the Southern District of New 
York against the company, alleging violations of the Employee 
Retirement Income Security Act of 1974.
A former company employee filed the putative class action suit 
in October 2006 against the company and a number of its current 
and former officers and directors.  The action purports to be 
brought on behalf of all participants in the company's 401(k) 
plan.  It alleges that the defendants breached their fiduciary 
obligations to plan participants under Sections 404, 405, 409 
and 502 of ERISA, 29 U.S.C. Section 1104 et seq., by allowing 
plan participants to purchase and to hold and maintain company 
stock in their plan accounts without disclosing to those plan 
participants the historical stock option practices.
The complaint seeks equitable restitution, attorneys' fees and 
an order enjoining defendants from violations of ERISA.
At the defendants' behest, the Court, on Dec. 14, 2007, 
dismissed the ERISA action with prejudice as against the company 
and certain of the individual defendants including all of the 
company's current directors who have been named as defendants 
and without prejudice against certain of the individual 
defendants including one current employee of the company.
On Feb. 15, 2008, the plaintiff (joined by three new proposed 
class representatives) filed the second amended complaint 
against the company, three of the individual defendants who had 
been dismissed from the action without prejudice, and three new 
defendants who are former employees of the Company. 
The second amended complaint asserts the same allegations. 
The defendants have moved to dismiss the second amended 
complaint, according to the company's May 8, 2008 Form 10-Q 
filing with the U.S. Securities and Exchange Commission for the 
quarter ended March 31, 2008. 
The suit is "Taylor v. McKelvey et al., Case No. 1:06-cv-08322- 
AKH," filed before the U.S. District Court for the Southern 
District of New York, Judge Alvin K. Hellerstein presiding.
Representing the plaintiffs is:
         Thomas James McKenna, Esq.
         (tjmckenna@gaineyandmckenna.com)
         Gainey & McKenna, LLP
         295 Madison Avenue, 4th Floor
         New York, NY 10017
         Phone: 212-983-1300
         Fax: 212-983-0383
Representing the defendants are:
         Evan T. Barr, Esq. (ebarr@steptoe.com)
         Steptoe & Johnson
         750 Seventh Avenue, Ste. 1900
         New York, NY 10019
         Phone: 212-506-3918
         Fax: 212-506-3961
              - and -
         Geoffrey Shannon Stewart, Esq. (gstewart@jonesday.com)
         Jones Day
         222 East 41st Street
         New York, NY 10017
         Phone: 212-326-3939
         Fax: 212-755-7306
NOTRE DAME CEMETERY: Families Launch CDN$8MM Over "Body Backlog"
----------------------------------------------------------------
A year after a labor dispute paralyzed Notre Dame des Neiges 
cemetery, a group of families is seeking permission to launch a 
class-action lawsuit seeking CDN$8 million in damages, according 
to Canwest News Service.
The report notes that a backlog of 498 bodies was created after 
burials at Notre Dame des Neiges cemetery -- considered as 
Canada's largest cemetery -- were put on hold during the May to 
September 2007 lockout.  The families say 50 of those are still 
not buried.
However, the cemetery says the number is just a tenth of the 
figure stated in the claim, Canwest News relates.  That number 
is "absolutely false," Yoland Tremblay, general manager of the 
Fabrique de la Paroisse Notre Dame de Montreal, which manages 
the cemetery, told Canwest News.
"In fact, there are exactly five bodies remaining from the 
labour conflict," Mr. Tremblay said, adding those five families 
have not been able to arrange a time to have a graveside 
service.
ORBITZ WORLDWIDE: Plaintiff in Ky. Taxes Case to Amend Complaint
----------------------------------------------------------------
The plaintiff in the matter, "Louisville/Jefferson County Metro 
Government v. Hotels.com, L.P., et al.," which also names Orbitz 
Worldwide, Inc., as a defendant, filed an unopposed motion for 
leave to file a second amended complaint that would remove the 
class action allegations in the case.
The putative class action suit was filed in the U.S. District 
Court for the Western District of Kentucky on Sept. 21, 2006, by 
the Louisville/Jefferson County Metro Government on behalf of 
itself and a putative class of Kentucky cities, counties and 
townships that have enacted transient room taxes.  
In addition to the tax claims, the complaint asserted claims for 
conversion, money had and received, unjust enrichment, a 
constructive trust, and a declaratory judgment.  
On Dec. 15, 2006, the plaintiff moved to amend the complaint to 
make certain changes to the identity of the defendants.  That 
motion was granted, and, on Jan. 8, 2007, the plaintiff filed 
its amended complaint.  
The defendants moved to dismiss the amended complaint, which 
request was denied by the court on August 10, 2007.
On Oct. 26, 2007, the defendants filed a motion for 
reconsideration of the court's order denying their dimissal 
request, or, in the alternative, certification of interlocutory 
appeal to the Kentucky Supreme Court or the U.S. Court of 
Appeals for the Sixth Circuit.  
On Nov. 9, 2007, the plaintiff moved to strike the defendants' 
motion for reconsideration.  Both motion for reconsideration and 
motion to strike are pending with the court.  
The plaintiff has recently stated its intent to seek to amend 
its amended complaint to withdraw its class allegations.  On 
April 18, 2008, the plaintiff filed an unopposed motion for 
leave to file a second amended complaint, which removes the 
class action allegations, according to the company's May 7, 2008 
Form 10-Q filing with the U.S. Securities and Exchange 
Commission for the quarter ended March 31, 2008. 
Orbitz Worldwide, Inc. -- http://www.orbitz.com/-- is a global    
online travel company that uses technology to enable leisure and 
business travelers to research, plan and book a range of travel 
products.  The Company owns and operates a portfolio of consumer 
brands that includes Orbitz, CheapTickets, ebookers, HotelClub, 
RatesToGo and the Away Network and corporate travel brands, 
Orbitz for Business and Travelport for Business.  It provides 
customers with access to a set of travel products, including 
air, hotels, vacation packages, car rentals, cruises, travel 
insurance and destination services from over 80,000 suppliers 
worldwide.
ORBITZ WORLDWIDE: Plaintiffs Amend Complaint in Ohio Taxes Suit
---------------------------------------------------------------
In a consolidated lawsuit filed by the Cities of Findlay, 
Columbus and Dayton, in Ohio, the plaintiffs amended their 
complaint to remove the class action allegations in the matter, 
which names Orbitz Worldwide, Inc., as a defendant.
                     Findlay Litigation
The suit "City of Findlay v. Hotels.com, L.P., et al.," was 
filed on Oct. 25, 2005, as a putative class action complaint 
with the Common Pleas Court of Hancock County, Ohio.  It was 
filed by the City of Findlay on behalf of itself and a putative 
class of Ohio cities, counties and townships that have enacted 
occupancy or excise taxes on lodging.  
In addition to the tax claims, the complaint also asserts claims
for violation of the Ohio Consumer Sales Practices Act, Ohio
Revised Code Chapter 1345, et seq., conversion, a constructive
trust and a declaratory judgment.  
On Nov. 22, 2005, Orbitz Worldwide and certain other defendants
removed this action to the U.S. District Court for the Northern
District of Ohio.  On Jan. 30, 2006, the defendants moved to 
dismiss the complaint. 
On July 26, 2006, the court granted the defendants' motion to
dismiss the Consumer Sales Practices Act claims and denied their
motion as it pertains to the other claims.  
On August 2, 2007, the City of Findlay filed a motion seeking
leave to amend its complaint in order to withdraw its claims on 
behalf of a state-wide class of Ohio cities, counties and 
townships that have enacted occupancy or excise taxes on 
lodging.  On Aug. 15, 2007, the court granted that motion and an 
amended complaint withdrawing those class allegations was filed.  
On Sept. 4, 2007, the defendants answered the amended complaint.  
                 Columbus, Dayton Litigation   
The suit, "City of Columbus, et al. v. Hotels.com, L.P., et 
al.," was filed on Aug. 8, 2006, as a putative class action 
complaint before the U.S. District Court for the Southern 
District of Ohio.  It was filed by the cities of Columbus and 
Dayton on behalf of themselves and a putative class of Ohio 
cities, counties and townships that have enacted occupancy or 
excise taxes on lodging.  
In addition to the tax claims, the complaint asserted claims for 
unjust enrichment, money had and received, conversion, a 
constructive trust and a declaratory judgment.   
On Sept. 25, 2006, Orbitz and other defendants moved to dismiss 
the complaint.  On Sept. 27, 2006, the company and other 
defendants moved to transfer the case to the U.S. District Court 
for the Northern District of Ohio, where the City of Findlay 
case is pending.  
On Jan. 8, 2007, the Magistrate Judge issued a report and 
recommendation that the case be transferred to the Northern 
District of Ohio.  The plaintiffs objected to the Magistrate 
Judge's report and recommendations.  
On July 10, 2007, the U.S. District Court for the Southern 
District of Ohio transferred the case to the U.S. District Court 
for the Northern District of Ohio.  
On July 23, 2007, the court in the Northern District of Ohio 
granted the defendants' motion to dismiss the plaintiffs' 
Consumer Sales Practices Act claims and denied their dismissal 
request as it pertains to the remaining claims, adopting the 
reasoning of the court's opinion on the motion to dismiss in the 
City of Findlay case.  
On Aug. 31, 2007, the defendants answered the complaint.   
                         Consolidation
On Nov. 5, 2007, the parties in all complaints jointly moved to 
consolidate the City of Columbus action with the City of Findlay 
action for pre-trial purposes, and that motion was granted on 
Nov. 6, 2007.  
On Feb. 19, 2008, the cities of Columbus, Dayton and Findlay 
moved to amend their respective complaints to drop all class 
action allegations and to add nine additional Ohio 
municipalities as plaintiffs.   That motion is still pending.
In the consolidated City of Findlay, Ohio and Cities of Columbus 
and Dayton, Ohio cases, the plaintiffs -- on Feb. 27, 2008 -- 
amended their complaint to remove the class action allegations, 
according to the company's May 7, 2008 Form 10-Q filing with the 
U.S. Securities and Exchange Commission for the quarter ended 
March 31, 2008. 
The company reported no further development in the matter.
Orbitz Worldwide, Inc. -- http://www.orbitz.com/-- is a global    
online travel company that uses technology to enable leisure and 
business travelers to research, plan and book a range of travel 
products.  The Company owns and operates a portfolio of consumer 
brands that includes Orbitz, CheapTickets, ebookers, HotelClub, 
RatesToGo and the Away Network and corporate travel brands, 
Orbitz for Business and Travelport for Business.  It provides 
customers with access to a set of travel products, including 
air, hotels, vacation packages, car rentals, cruises, travel 
insurance and destination services from over 80,000 suppliers 
worldwide.
ORBITZ WORLDWIDE: Court Denies Class Certification in "Fairview" 
----------------------------------------------------------------
The U.S. District Court for the Southern District of Illinois 
denied a motion for certification of a class in the matter, 
"City of Fairview Heights v. Orbitz, Inc., et al.," which names 
Orbitz Worldwide, Inc., as a defendant.
The putative class action complaint was filed on Oct. 5, 2005, 
in the Circuit Court, Twentieth Judicial Circuit, St. Clair 
County, Illinois, by the City of Fairview Heights on behalf of 
itself and a putative class of Illinois taxing authorities that 
are allegedly authorized to impose a tax on the business of 
renting hotel rooms.  
In addition to the tax claims, the complaint asserted claims for 
violation of the Illinois Consumer Fraud and Deceptive Practices 
Act, 815 ILCS 505/1, similar laws in other states, conversion 
and unjust enrichment.  
On Nov. 28, 2005, the company and certain other defendants 
removed this action to the U.S. District Court for the Southern 
District of Illinois, and in January 2006, the defendants moved 
to dismiss the complaint. 
 
On Feb. 10, 2006, the City of Fairview Heights moved to remand
the action to state court.  
On July 12, 2006, the court granted the defendants' motion to
dismiss all claims, except for the tax claim.  The court also 
denied the plaintiff's motion to remand.  
On Aug. 1, 2007, the City of Fairview Heights moved for class
certification.  
On March 31, 2008, the court denied the plaintiff's motion for 
class certification.  The case is now proceeding as an 
individual action on behalf of the City of Fairview Heights 
only, according to the company's May 7, 2008 Form 10-Q filing 
with the U.S. Securities and Exchange Commission for the quarter 
ended March 31, 2008. 
Orbitz Worldwide, Inc. -- http://www.orbitz.com/-- is a global    
online travel company that uses technology to enable leisure and 
business travelers to research, plan and book a range of travel 
products.  The Company owns and operates a portfolio of consumer 
brands that includes Orbitz, CheapTickets, ebookers, HotelClub, 
RatesToGo and the Away Network and corporate travel brands, 
Orbitz for Business and Travelport for Business.  It provides 
customers with access to a set of travel products, including 
air, hotels, vacation packages, car rentals, cruises, travel 
insurance and destination services from over 80,000 suppliers 
worldwide.
PORTFOLIO RECOVERY: Sued Over Alleged Purchase of Old Debts 
-----------------------------------------------------------
A class action filed before the U.S. District Court for the 
Southern District of California claims that Portfolio Recovery 
Associates, of Norfolk, Va., buys old alleged debts for pennies 
on the dollar, some of which are time-barred, and then sues to 
try to collect, without verifying them and without evidence, 
CourtHouse News Service reports.
This case involves money, property or their equivalent, due or 
owing or alleged to be due or owing from a natural person by 
reason of a consumer credit transaction.  As such, this action 
arises out of "consumer debt" and "consumer credit" as those 
terms are defined by Cal. Civ. Code Section 1788.2(f).
The plaintiff requests for:
     -- an award of actual damages pursuant to 15 USC Section 
        1692k(a)(1) in an amount to be adduced at trial, from 
        defendant;
     -- an award of statutory damages of $1,000, pursuant to 15 
        USC Section 1692k(a)(2)(A);
     -- an award of costs of litigation and reasonable 
        attorney's fees, pursuant to 15 USC Section 1692k(a)(3);
     -- an award of actual damages pursuant to California Civil 
        Code Section 1788.30(a) in an amount to be adduced at 
        trial, from defendant;
     -- an award of statutory damages of $1,000, pursuant to 
        Cal. Civ. Code Section 1788.30(b); and
     -- an award of costs of litigation and reasonable 
        attorney's fees, pursuant to Cal. Civ. Code Section 
        1788.30(c).
The suit is "Gary L. Litchenberg et al. v. Portfolio Associates, 
LLC., Case No. 08 CV 0867 W LSP," filed before the U.S. District 
Court for the Southern District of California.
Representing the plaintiffs are:
          Joshua B. Swigart, Esq.
          Robert L. Hyde, Esq.
          Hyde & Swigart
          411 Camino del Rio South, Suite 301
          San Diego, CA 92108-3551
          Phone: 619-233-7770
          Fax: 619-297-1022
SANDISK CORP: Calif. Court Denies Review Petition in "Vroegh"
-------------------------------------------------------------
The California Supreme Court denied a petition that sought for 
the review of a decision by the First District of the California 
Court of Appeal affirming the final approval of a settlement in 
the matter, "Willem Vroegh, et al. v. Dane Electric Corp. USA, 
et al.," which is a class action suit against SanDisk Corp., and 
a number of other manufacturers of flash memory products.
The consumer class action suit was filed before the Superior 
Court of the State of California for the City and County of San 
Francisco on Feb. 20, 2004.  It alleged false advertising, 
unfair business practices, breach of contract, fraud, deceit, 
misrepresentation and violation of the California Consumers 
Legal Remedy Act.
The lawsuit, filed on behalf of a class of purchasers of flash 
memory products, claimed that the defendants overstated the size 
of the memory storage capabilities of such products.  It sought 
restitution, injunction and damages in an unspecified amount.
The parties have reached a settlement of the case, which 
received final approval from the Court on Nov. 20, 2006.  
Four objectors to the settlement filed appeals of the Court's 
final approval order.  However, on Nov. 30, 2007, the First 
District of the California Court of Appeal affirmed in full the 
trial court's judgment and final approval of the settlement.
The objectors then filed petitions for the Court of Appeal to 
rehear the matter en banc, which petitions were denied on 
Dec. 21, 2007.  
The objectors have now filed petitions with the California 
Supreme Court, currently pending under Case No. S159760, asking 
the Supreme Court to review of the decision of the Court of 
Appeal.  Those petitions were denied on Feb. 27, 2008, according 
to the company's May 8, 2008 Form 10-Q filing with the U.S. 
Securities and Exchange Commission for the quarter ended 
March 30, 2008. 
The Company has since paid all amounts due and distributed all 
class benefits required under the terms of the settlement 
agreement.
SanDisk Corp. -- http://www.sandisk.com/-- designs, develops,    
markets and manufactures products and solutions in a variety of 
form factors using its flash memory, controller and firmware 
technologies.
SANDISK CORP: June 3 Hearing Set for Flash Memory Antitrust Suit
----------------------------------------------------------------
A June 3, 2008 hearing is set for a consolidated class action 
suit pending in the U.S. District Court for the Northern 
District of California, entitled, "In re Flash Memory Antitrust 
Litigation, Civil Case No. C07-0086," which named SanDisk Corp. 
as a defendant.
Between Aug. 31 and Dec. 14, 2007, SanDisk, along with a number 
of other manufacturers of flash memory products, was sued before 
the U.S. District Court for the Northern District of California, 
in eight purported class action complaints.
On Feb. 7, 2008, all of the civil complaints were consolidated 
into two complaints, one on behalf of direct purchasers and one 
on behalf of indirect purchasers, with the U.S. District Court 
for the Northern District of California in a purported class 
action captioned, "In re Flash Memory Antitrust Litigation, 
Civil Case No. C07-0086."
The plaintiffs allege that the company and a number of other 
manufacturers of flash memory products conspired to fix, raise, 
maintain, and stabilize the price of NAND flash memory in 
violation of state and federal laws.
The lawsuits purport to be on behalf of purchasers of flash 
memory between Jan. 1, 1999, through the present.  
The lawsuits seek an injunction, damages, restitution, fees, 
costs, and disgorgement of profits.
On April 8, 2008, the company, along with its co-defendants, 
filed motions to dismiss the direct purchaser and indirect 
purchaser complaints.  The company, along with co-defendants, 
also filed a motion for a protective order to stay discovery. 
The hearing on the motions to dismiss and the motion for a 
protective order staying discovery are set for June 3, 2008. 
On April 22, 2008, direct and indirect purchaser plaintiffs 
filed oppositions to the motions to dismiss.  The company's, 
along with co-defendants', reply to the oppositions will be due 
May 13, 2008. 
The hearing on the motions to dismiss and the motion for a 
protective order staying discovery are set for June 3, 2008, 
according to the company's May 8, 2008 Form 10-Q filing with the 
U.S. Securities and Exchange Commission for the quarter ended 
March 30, 2008. 
The suit is "In re Flash Memory Antitrust Litigation, Civil Case 
No. C07-0086," filed with the U.S. District Court for the 
Northern District of California, Judge Saundra Brown Armstrong, 
presiding.
Representing the plaintiffs are:
          Christine Pedigo Bartholomew, Esq.
          (cbartholomew@finkelsteinthompson.com)
          Finkelstein Thompson LLP
          100 Bush Street, Suite 1450
          San Francisco, CA 94104
          Phone: 415-398-8700
          Fax: 415-398-8704
          C. Donald Amamgbo, Esq. (Donald@Amamgbolaw.com)
          Amamgbo & Associates, APC
          7901 Oakport Street, Suite 4900
          Oakland, CA 94621
          Phone: 510-615-6000
          Fax: 510-615-6024
               - and -
          Robert M. Bramson, Esq. (rbramson@bramsonplutzik.com)
          Bramson Plutzik Mahler & Birkhaeuser LLP
          2125 Oak Grove Road, Suite 120
          Walnut Creek, CA 94598
          Phone: 925-945-0200
          Fax: 925-945-8792
Representing the company is:
          Amy Elise Keating, Esq. (amy.keating@bingham.com)
          Bingham McCutchen LLP
          Three Embarcadero Center
          San Francisco, CA 94111
          Phone: 415-393-2000 x2262
          Fax: 415-393-2286
SECURE COMPUTING: Calif. Court Denies Bid to Dismiss "Rosenbaum"
----------------------------------------------------------------
The U.S. District Court for the Northern District of California 
denied a motion that sought for the dismissal of the matter, 
"Rosenbaum Capital, LLC v. McNulty et al., Case No. 3:07-cv-
00392-SC," which named Secure Computing Corp. and certain of its 
directors and officers of the company as defendants. 
The suit was filed against the company by Rosenbaum Capital, 
LLC, on Jan. 19, 2007.  The alleged plaintiff class includes 
persons who acquired the company's stock between May 4, 2006, 
through July 11, 2006.
Rosenbaum Capital was appointed lead plaintiff in the action, 
and thus filed an amended complaint on July 2, 2007.
The amended complaint alleges generally that the defendants made 
false and misleading statements about our business condition and 
prospects for the fiscal quarter ended June 30, 2006, in 
violation of Section 10(b) and 20(a) of the U.S. Securities 
Exchange Act of 1934 and SEC Rule 10b-5.  It seeks unspecified 
monetary damages.  
After plaintiff filed an amended complaint on July 2, 2007, the 
defendants filed a motion to dismiss, but did not prevail on 
that motion, according to the company's May 8, 2008 Form 10-Q 
Filling with the U.S. Securities and Exchange Commission for the 
quarter ended March 31, 2008. 
The suit is "Rosenbaum Capital, LLC v. McNulty et al., Case No. 
3:07-cv-00392-SC," filed with the U.S. District Court for the 
Northern District of California, Judge Judge Samuel Conti, 
presiding.
Representing the plaintiff is:
           Elizabeth C. Guarnieri, Esq. (ecg@classcounsel.com)
           Green Welling, LLP
           595 Market Street, Suite 2750
           San Francisco, CA 94105
           Phone: 415-477-6700
           Fax: 415-477-6710
Representing the defendants is:
           Michael L. Charlson, Esq.
           (michael.charlson@hellerehrman.com)
           Heller Ehrman LLP
           275 Middlefield Road
           Menlo Park, CA 94025-3506
           Phone: 650/324-7000
           Fax: 650 324-0638
T-MOBILE USA: Faces Wash. Suit Over Voice Mail Roaming Charges
--------------------------------------------------------------
T-Mobile USA, Inc., is facing a class-action complaint filed 
before the U.S. District Court for the Western District of 
Washington alleging it bilked customers on roaming charges for 
voice mail notifications and unanswered calls outside the United 
States, CourtHouse News Service reports.
Plaintiff Anthony Daniels brings this action against T-Mobile 
for: 
     -- declaratory relief, 
     -- restitution, 
     -- damages, 
     -- equitable relief, and 
     -- costs, including attorneys' fees, 
arising from violations of the Washington Consumer Protection 
Act, the consumer protection statutes of California, breach of 
contract, and unjust enrichment.
The plaintiff brings this action on behalf of all T-Mobile 
customers in the United States who have been charged substantial 
roaming rates for voicemail notifications and unanswered calls 
while traveling outside the United States .
The plaintiff wants the court to rule on:
     (a) whether T-Mobile adequately disclosed its roaming 
         charges for the voicemail notifications and unanswered 
         calls its customers receive while traveling outside the 
         United States;
     (b) whether T-Mobile's practices constitute unfair and 
         deceptive acts and practices in violation of Washington 
         and California state law;
     (c) whether T-Mobile's charging for voicemail notifications 
         and unanswered calls was a breach of its contracts with 
         the plaintiff and the other members of the Class;
     (d) whether the plaintiff and the other class members 
         were damaged as a result of T-Mobile's practices; and
     (e) whether T-Mobile was unjustly enriched at the expense 
         of the plaintiff and the other class members.
The plaintiff brings this action to enjoin T-Mobile from 
continuing its unfair and deceptive practices, and for damages 
attributable to T-Mobile's unfair and deceptive practices.
The suit is "Anthony Daniels et al v. T-Mobile USA, Inc.," filed 
before the U.S. District Court for the Western District of 
Washington.
Representing plaintiffs is:
          Clifford A. Cantor, Esq. (cacantor@comcast.net)
          Law Offices of Clifford A. Cantor, P.C.
          627 208th Ave. SE
          Sammamish, WA 98074-7033
          Phone: 425-868-7813
          Fax: 425-868-7870
YAHOO! INC: Calif. Court Allows Transfer of Securities Suit
-----------------------------------------------------------
The U.S. District Court for the Central District of California 
granted a motion that sought for the transfer to the U.S. 
District Court for the Northern District of California of a 
consolidated securities fraud class action against Yahoo! Inc.
On May 11, 2007, the first of two purported securities class 
actions was filed against Yahoo! and certain of its officers and 
members of the board of directors.  The lawsuit was filed before 
the U.S. District Court for the Central District of California 
by Ellen Rosenthal Brodsky, under the caption, "Ellen Rosenthal 
Brodsky v. Yahoo! Inc. et al., Case No. 2:2007cv03125."
The second lawsuit was filed before the U.S. District Court for 
the Central District of California by Manfred Hacker, under the 
caption, "Manfred Hacker v. Yahoo! Inc et al., Case No. 
2:2007cv03902."
These actions were consolidated in the U.S. District Court for 
the Central District of California and, on Dec. 21, 2007, a 
consolidated amended complaint was filed against Yahoo! and 
certain individual defendants, including current and former 
officers and a former director and officer.  
The plaintiffs purport to represent a class of persons who 
purchased Yahoo!'s common stock between April 8, 2004, and 
July 18, 2006.  They allege that the defendants engaged in a 
scheme to inflate Yahoo!'s share price by making false and 
misleading statements regarding Yahoo!'s operations, financial 
results, and future business prospects in violation of Section 
10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
The plaintiffs also allege that the individual defendants 
engaged in insider trading in violation of the Section 20(A) of 
the Securities Exchange Act, and as control persons are subject 
to liability under Section 20(A) of the Securities Exchange Act. 
The Consolidated Amended Complaint seeks compensatory damages, 
injunctive relief, disgorgement of alleged insider trading 
proceeds, and other equitable relief. 
At the defendants' behest, the Court, on March 10, 2008, 
transferred the action to the U.S. District Court for the 
Northern District of California, according to Yahoo!'s May 8, 
2008 Form 10-Q filing with the U.S. Securities and Exchange 
Commission for the quarter ended March 31, 2008. 
The consolidated suit is "Ellen Rosenthal Brodsky v. Yahoo! Inc. 
et al., Case No. 2:07-cv-03125-CAS-FMO," pending with the U.S. 
District Court for the Northern District of California, Judge 
Christina A. Snyder, presiding.
Representing the plaintiffs are:
          Nate Bear, Esq. (nbear@csgrr.com)
          Coughlin Stoia Geller Rudman & Robbins LLP
          655 West Broadway Suite 1900
          San Diego, CA 92101
          Phone: 619-231-1058
          Christopher J. Keller, Esq. (ckeller@labaton.com)
          Labaton Sucharow
          140 Broadway
          New York, NY 10005
          Phone: 212-907-0853
               - and -
          Mark I. Labaton, Esq. (mlabaton@kreindler.com)
          Kreindler and Kreindler LLP
          707 Wilshire Boulevard
          Suite 4100
          Los Angeles, CA 90017
          Phone: 213-622-6469
Representing the defendants is:
          Jordan Eth, Esq. (jeth@mofo.com)
          Morrison and Foerster
          425 Market Street
          San Francisco, CA 94105-2482
          Phone: 415-268-7000
YAHOO! INC: Faces Lawsuits in Calif. & Del. Over Microsoft Offer
----------------------------------------------------------------
Yahoo! Inc. is facing several lawsuits in California and 
Delaware in connection with Microsoft Corp.'s unsolicited 
proposal to acquire the company, according to the company's 
May 8, 2008 Form 10-Q filing with the U.S. Securities and 
Exchange Commission for the quarter ended March 31, 2008. 
                     California Lawsuits
Since Feb. 1, 2008, five separate stockholder lawsuits were 
filed in the California Superior Court, Santa Clara County, 
against Yahoo! Inc., the members of the company's board of 
directors, and selected former officers of the company by 
plaintiffs Edward Fritsche, the Thomas Stone Trust, Tom Turberg, 
Congregation Beth Aaron, and the Louisiana Municipal Police 
Employees' Retirement System. 
The California Lawsuits were consolidated, and on March 12, 
2008, a Consolidated Amended Class Action and Derivative 
Complaint was filed, captioned, "In re Yahoo! Inc. Shareholder 
Litigation," in Santa Clara County Superior Court. 
The Consolidated Amended Class and Derivative Complaint alleges 
that the Yahoo! Board of Directors breached fiduciary duties in 
connection with Microsoft's unsolicited proposal to acquire 
Yahoo!.  The Consolidated Amended Class and Derivative Complaint 
seeks declaratory and injunctive relief, as well as an award of 
plaintiffs' attorneys' fees and costs. 
On March 28, 2008, the Santa Clara County Superior Court granted 
the defendants' motion to stay the Consolidated Amended Class 
Action and Derivative Complaint pending resolution of similar 
proceedings pending with the Delaware Court of Chancery.
                       Delaware Lawsuits
Since Feb. 11, 2008, five separate stockholder lawsuits were 
filed in Delaware Court of Chancery against Yahoo! and members 
of its Board of Directors by plaintiffs The Wayne County 
Employees' Retirement System, Ronald Dicke, and The Police and 
Fire Retirement System of the City of Detroit along with The 
General Retirement System of the City of Detroit, Plumbers and 
Pipefitters Local Union No. 630 Pension-Annuity Trust Fund and 
Vernon A. Mercier. 
Two of the Delaware Lawsuits (by plaintiff Wayne County and by 
plaintiff Plumbers and Pipefitters Local Union) were voluntarily 
dismissed. 
All of the remaining Delaware Lawsuits were consolidated, 
wherein the appointed lead plaintiff is the Police and Fire 
Retirement System of the City of Detroit. 
The plaintiffs in the Delaware Lawsuits purport to assert class 
claims on behalf of all Yahoo! stockholders, except defendants 
and their affiliates and generally allege that defendants 
breached fiduciary duties by rejecting Microsoft's Feb. 1, 2008, 
unsolicited proposal to acquire Yahoo! without fully informing 
themselves whether Microsoft would offer additional 
consideration and alleging that defendants are not acting in the 
best interests of stockholders and are seeking to entrench 
themselves through a series of defensive initiatives. 
The complaints in the Delaware Court of Chancery seek 
unspecified damages, declaratory relief and injunctive relief, 
as well as an award of plaintiffs' attorneys' fees and costs.
Pursuant to a case management order, the defendants are 
responding to expedited discovery proceedings in the cases.  On 
March 24, 2008, the Court denied the plaintiffs' motion to set 
an expedited trial date in May 2008.
Yahoo! reported no further development in the cases in its 
regulatory SEC filing.
Yahoo! Inc. -- http://www.yahoo.com/-- is a global Internet   
brand.  To its global users, it provides owned and operated 
online properties and services.   To its advertisers, it 
provides tools and marketing solutions.  Many of Yahoo!'s 
services are free to its users.  
                  New Securities Fraud Cases
CBEYOND INC: Chitwood Harley Files Securities Fraud Suit in Ga.
---------------------------------------------------------------
Chitwood Harley Harnes LLP filed a lawsuit seeking class action 
status in the United States District Court for the Northern 
District of Georgia on behalf of all persons who purchased the 
securities of Cbeyond, Inc., during the period November 1, 2007, 
to February 21, 2008, inclusive.
The defendants are Cbeyond and its founder, Chairman and Chief 
Executive Officer, James F. Geiger. Cbeyond provides 
telecommunications services to small businesses, including local 
and long distance telephone services, T-1 Internet access and 
Internet-based applications.
The Complaint charges defendants with violations of Sections 
10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 
10b-5 promulgated thereunder. 
The Complaint alleges that during the Class Period, the 
defendants misled investors by issuing false and misleading 
statements about Cbeyond's operations and financial condition, 
and by omitting information about the Company's business that 
would have been material to the investing public.
An important financial metric to Cbeyond, and investors and 
analysts who follow the Company, is the churn rate.  Churn is 
the percentage of subscribers to a service that discontinue 
their subscription to that service in a given time period.  In 
order for a company like Cbeyond to increase its profits, its 
growth rate must exceed its churn rate. 
According to the Complaint, Cbeyond maintained an artificially 
low churn rate to demonstrate its ability to keep growing and 
drive up the Company's inflated share price, so that insiders 
could sell their own personal holdings.  However, once the true 
facts were revealed that the Company's churn rate was 
substantially higher than previously estimated and would remain 
elevated for at least the following quarter, the stock price 
plummeted, to the harm of Cbeyond investors.
Since closing at $18.76 per share on February 22, 2008, 
Cbeyond's stock price has continued to drift lower and is 
currently trading at approximately $17.00 per share, 
significantly below the $37.04 per share average price that 
insiders received on their shares.
Interested parties may move the court no later than July 7, 
2008, for lead plaintiff appointment.
For more information, contact:
          Ze'eva Kushner Banks, Esq. (zbanks@chitwoodlaw.com)
          Katie King, Esq. (kking@chitwoodlaw.com)
          Chitwood Harley Harnes LLP
          1230 Peachtree St NE
          2300 Promenade II
          Atlanta, GA  30309
          Phone: 404-607-6888 
                 404-607-6826 
                 1-888-873-3999 
                 404-873-3900
          Web site: http://www.chitwoodlaw.com/
CITIGROUP INC: Milberg LLP Files Auction Rate Securities Suit
-------------------------------------------------------------
The law firm of Milberg LLP filed a class action lawsuit before 
the United States District Court for the Southern District of 
New York on behalf of persons or entities that purchased auction 
rate securities from Citigroup, Inc., or related entities 
between May 8, 2003, and February 13, 2008, inclusive, and who 
continued to hold such securities as of February 13, 2008.
The complaint in this action alleges, among other things, that 
Citigroup and its affiliates acted in violation of Sections 
10(b) and 20(a) of the Securities Act of 1934, as well as the 
Investment Advisors Act of 1940, 15 U.S.C. 80b-1 et. seq. 
The complaint alleges that the defendants engaged in deceptive 
conduct in connection with the marketing and sale of ARSs (which 
are municipal bonds, corporate bonds or preferred stocks with 
interest rate or dividend yield components which are set through 
auctions). 
ARSs usually have intermediate to long-term maturities, 
typically 30 years, or, in the case of preferred stocks, no 
maturity date.  Since being introduced in 1984, the market for 
ARSs has increased significantly, and, prior to the auction 
market's collapse in February 2008, was valued in the aggregate 
at approximately $330 billion.
The complaint also alleges, among other things, that defendants 
marketed and sold ARSs to investors as liquid and cash 
equivalents, and suitable alternatives to other cash equivalent 
investments such as money market funds or certificates of 
deposit (CDs), using uniform and standardized sales pitches 
created and approved by company management. 
The complaint further alleges that many holders of ARSs marketed 
and sold by Citigroup and other broker-dealers have been unable 
to liquidate their investments or exit their positions in these 
securities following the collapse of the market caused by 
Citigroup's and other broker-dealers' cessation of their prior 
routine and pervasive support for these auctions and the ARS 
market in February 2008, and that the collapse of the ARS market 
had a significant negative impact on the reported value of these 
securities. 
The complaint further alleges, among other things, that 
Citigroup and the other defendants failed to disclose: 
     (a) that these securities were in fact not cash equivalents 
         or suitable alternatives to investments such as money 
         market funds or CDs; 
     (b) the true liquidity risks associated with ARS 
         investments; and 
     (c) that in fact no real market for these securities could 
         or would exist as it did were it not for defendants' 
         and other broker-dealers' constant and pervasive 
         creation of and support for the ARS market and 
         auctions.
For more information, contact:
         Jerome M. Congress, Esq. (jcongress@milberg.com)
         Lori G. Feldman, Esq. (lfeldman@milberg.com)
         Kent A. Bronson, Esq. (kbronson@milberg.com)
         Milberg LLP 
         One Pennsylvania Plaza, 49th Fl. 
         New York, NY 10119-0165 
         Phone: 800-320-5081
         e-mail: contactus@milberg.com
DOWNEY FIN'L: Coughlin Stoia Files Calif. Securities Fraud Suit
---------------------------------------------------------------
Coughlin Stoia Geller Rudman & Robbins LLP disclosed that a 
class action has been commenced on behalf of an institutional 
investor in the United States District Court for the Central 
District of California on behalf of purchasers of Downey 
Financial Corp. common stock during the period between Oct. 16, 
2006, and March 14, 2008.
The complaint charges Downey and certain of its officers and 
directors with violations of the Securities Exchange Act of 
1934. 
Downey is a savings and loan holding company.
The complaint alleges that during the Class Period, defendants 
issued materially false and misleading statements regarding the 
Company's business and financial results.  As a result of 
defendants' false statements, Downey's stock traded at 
artificially inflated prices during the Class Period, reaching a 
high of $74.85 per share in June 2007.
On October 10, 2007, Downey announced that it expected to incur 
an operating loss for the 2007 third quarter due to the 
continued weakening in the housing market.  Then, before the 
market opened on March 17, 2008, Downey released its monthly 
selected financial results for the 13 months ended February 29, 
2008, which showed a significant increase in non-performing 
assets to almost 11% of total assets, up from 1.2% in May 2007. 
Downey had to restructure debt for many borrowers to avoid 
having their loans fail.  On this news, Downey's stock dropped 
to close at $18.82 per share on March 17, 2008, a decline from 
$19.14 per share on March 14, 2008, and a decline of 68% from 
$59 per share on October 9, 2007.
According to the complaint, the true facts, which were known by 
the defendants but concealed from the investing public during 
the Class Period, were as follows: 
     (a) defendants' portfolio of Option ARMs contained millions 
         of dollars worth of impaired and risky securities, many 
         of which were backed by subprime mortgage loans; 
     (b) prior to the Class Period, Downey had seen 
         Countrywide's growth and had started to get more 
         aggressive in acquiring loans from brokers such that 
         the loans were extremely risky; 
     (c) defendants failed to properly account for highly 
         leveraged loans such as mortgage securities; 
     (d) Downey had very little real underwriting, which led to 
         large numbers of bad loans that would cause huge 
         numbers of defaults; and 
     (e) Downey had not adequately reserved for Option ARM 
         loans, the terms of which provided that during the 
         initial term of the loan borrowers could pay only as 
         much as they desired with any underpayment being added 
         to the loan balance.
The plaintiff seeks to recover damages on behalf of all 
purchasers of Downey common stock during the Class Period.
For more information, contact:
          Darren Robbins,Esq. (djr@csgrr.com)
          Coughlin Stoia
          655 West Broadway, Suite 1900
          San Diego, CA 92101
          Phone: 800-449-4900 
                 619-231-1058
MGIC INVESTMENT: Federman & Sherwood Files Suit in Michigan
-----------------------------------------------------------
On May 12, 2008, a class action lawsuit was filed in the United 
States District Court for the Eastern District of Michigan 
against MGIC Investment Corporation. 
The complaint alleges violations of federal securities laws, 
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 
and Rule 10b-5, including allegations of issuing a series of 
material misrepresentations to the market which had the effect 
of artificially inflating the market price. 
The class period is from February 6, 2007, through February 12, 
2008.
The plaintiff seeks to recover damages on behalf of the Class. 
For more information, contact:
          William B. Federman, Esq. (wfederman@aol.com)
          Federamn & Sherwood 
          10205 North Pennsylvania Avenue
          Oklahoma City, OK 73120
          Web site: http://www.federmanlaw.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 research,
collectively face billions of dollars in asbestos-related
liabilities.                         
                            *********
S U B S C R I P T I O N   I N F O R M A T I O N
Class Action Reporter is a daily newsletter, co-published by
Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.  Glenn Ruel S. Senorin, Janice M. Mendoza, Freya Natasha F. 
Dy, and Peter A. Chapman, Editors.
Copyright 2008.  All rights reserved.  ISSN 1525-2272.
This material is copyrighted and any commercial use, resale or 
publication in any form (including e-mail forwarding, electronic 
re-mailing and photocopying) is strictly prohibited without 
prior written permission of the publishers.
Information contained herein is obtained from sources believed 
to be reliable, but is not guaranteed.
The CAR subscription rate is $575 for six months delivered via 
e-mail.  Additional e-mail subscriptions for members of the same 
firm for the term of the initial subscription or balance thereof 
are $25 each.  For subscription information, contact Christopher 
Beard at 240/629-3300.
                * * *  End of Transmission  * * *