CAR_Public/081113.mbx             C L A S S   A C T I O N   R E P O R T E R

          Thursday, November 13, 2008, Vol. 10, No. 226

                            Headlines

BAXTER INT'L: Discovery Completed in Ill. ERISA Violations Suit
BROADCOM CORP: Court Grants Dismissal Motion in Securities Suit
BUILDING MATERIALS: Faces California Suit Over Unpaid Overtime
CBEYOND INC: Amended Complaint Filed in Ga. Securities Lawsuit
CENTURYTEL INC: Appeal on Certification of "Beattie" Denied

EMBARQ CORP: To Contest Retirees' Claims Over Benefit Plans
HARTFORD FINANCIAL: Keller Rohrback Announces Investigation
INSPIRE PHARMACEUTICALS: N.C. Suit's Dismissal Still on Appeal
INTERNATIONAL COAL: City of Ann Arbor's Suit Junked on Sept. 30
INTERNATIONAL COAL: Still Faces Saratoga Advantage Suit in W.Va.

ISILON SYSTEMS: Bid to Dismiss Consolidated Amended Suit Pending
NATIONAL AUSTRALIA: Appeals Court Affirms Dismissal of N.Y. Suit
PROTIVITI INC: Seeks to Strike Class Allegations in "Tran" Case
REGIONS FINANCIAL: Faces Suits by Funds Investors & Shareholders
ROBERT HALF: Calif. Court Stays Suit by "Inside Sales Persons"

ROBERT HALF: Calif. Overtime Compensation Litigation Stayed
ROBERT HALF: Faces Temporary Staffing Employees' Suit in Calif.
ROBERT HALF: Mass. Court Denies Discovery Motion in "O'Donnell"
ROBERT HALF: Still Faces Calif. Lawsuit by Executives, Managers
TELECOM FIRMS: JPML to Hold Hearing on Nov. 20 for Texting Suits

U.S. RAILROADS: Court Denies Dismissal Bid in Surcharges Lawsuit
WASHINGTON MUTUAL: Major Shareholder Files Securities Fraud Suit


                   New Securities Fraud Cases

CADENCE DESIGN: Bronstein Gewirtz Announces Stock Suit Filing



                           *********

BAXTER INT'L: Discovery Completed in Ill. ERISA Violations Suit
---------------------------------------------------------------
Discovery was completed in the purported class-action lawsuit
against Baxter International, Inc., which alleges violations of
the Employee Retirement Income Security Act of 1974, according
to the company's Oct. 31, 2008 Form 10-Q Filing with the U.S.
Securities and Exchange Commission for the quarter ended Sept.
30, 2008.

The purported class-action suit was filed in October 2004 before
the U.S. District Court for the Northern District of Illinois
against Baxter and its current chief executive officer, then-
current chief financial officer, and their predecessors for
alleged ERISA violations.

The plaintiff alleges that the defendants, along with the
Administrative and Investment Committees of the company's 401(k)
plans, breached their fiduciary duties to the plan participants
by offering Baxter common stock as an investment option in each
of the plans during the period of January 2001 to October 2004.

The plaintiff alleges that Baxter common stock traded at
artificially inflated prices during this period and is seeking
unspecified damages and declaratory and equitable relief.

In March 2006, the trial court certified a class of plan
participants who elected to acquire Baxter common stock through
the plans between January 2001 and the present.

In April 2008, the U.S. Court of Appeals for the Seventh Circuit
denied Baxter's interlocutory appeal and upheld the trial
court's denial of Baxter's motion to dismiss the case.  Baxter
has filed a motion for judgment on the pleadings.  Discovery has
been completed in this matter.

The suit is "Rogers v. Baxter Int'l. Inc., et al., Case No.
1:04-cv-06476," filed in the U.S. District Court for the
District of Colorado, Judge Joan B. Gottschall, presiding.

Representing the plaintiffs are:

         Robert D. Allison, Esq.
         Robert D. Allison & Associates,
         122 S. Michigan Avenue, Ste. 1850
         Chicago, IL 60603
         Phone: 312-427-4500
         e-mail: rdalaw@ix.netcom.com

              - and -

         Michael M. Mulder, Esq. (mmmulder@mmbmlaw.com)
         Meites, Mulder, Mollica & Glink
         20 South Clark Street, Suite 1500
         Chicago, IL 60603,
         Phone: 312-263-0272
         Fax: 312-263-2942

Representing the defendants is:

         Matthew Robert Kipp, Esq. (mkipp@skadden.com)
         Skadden Arps Slate Meagher & Flom, LLP
         333 West Wacker Drive, Suite 2100
         Chicago, IL 60606
         Phone: 312-407-0700


BROADCOM CORP: Court Grants Dismissal Motion in Securities Suit
---------------------------------------------------------------
The U.S. District Court for the Central District of California
granted a motion that sought for the dismissal of an amended
complaint in the consolidated securities fraud class-action
lawsuit against Broadcom Corp.

From August through October 2006, several plaintiffs filed these
purported shareholder class-action complaints in the U.S.
District Court for the Central District of California against
Broadcom and certain of its current or former officers and
directors (Class Action Reporter, May 10, 2007):

      -- "Bakshi v. Samueli, et al., Case No. 06-5036 R (CWx),"

      -- "Mills v. Samueli, et al., Case No. SACV 06-9674 DOC
         R(CWx)," and

      -- "Minnesota Bakers Union Pension Fund, et al. v.
         Broadcom Corp., et al., Case No. SACV 06-970 CJC R
         (CWx)."

The essence of the plaintiffs' allegations is that Broadcom
improperly backdated stock options, resulting in false or
misleading disclosures concerning, among other things,
Broadcom's business and financial condition.

The plaintiffs also allege that Broadcom failed to account for
and pay taxes on stock options properly, that the individual
defendants sold Broadcom stock while in possession of material
nonpublic information, and that the defendants' conduct caused
artificial inflation in Broadcom's stock price and damages to
the putative plaintiff class.

They assert claims under Sections 10(b) and 20(a) of the U.S.
Securities Exchange Act of 1934 and Rule 10b-5 promulgated
thereunder.

In November 2006, the Court consolidated the Options Class
Actions and appointed the New Mexico State Investment Council as
lead class plaintiff.

In October 2007 the federal appeals court resolved a dispute
regarding the appointment of lead class counsel.

In March 2008 the district judge entered a revised order
appointing lead class counsel.  The lead plaintiff filed an
amended consolidated class action complaint in late April 2008,
naming additional defendants that include certain current
officers and directors of Broadcom as well as Ernst & Young LLP,
the company's former independent registered public accounting
firm.

In October 2008, the district judge granted defendants' motions
to dismiss with leave to amend, according to the company's Oct.
22, 2008 Form 10-Q Filing with the U.S. Securities and Exchange
Commission for the quarter ended Sept. 30, 2008.

The suit is "Sonam Bakshi v. Henry Samueli et al., Case No.
2:06-cv-05036-R-CW," filed in the U.S. District Court for the
Central District of California, Judge Manuel L. Real, presiding.

Representing the plaintiffs are:

          Michael D. Braun, Esq.
          Braun Law Group
          12400 Wilshire
          Boulevard, Suite 920
          Los Angeles, CA 90025
          Phone: 310-442-7755
          e-mail: service@braunlawgroup.com

               - and -

          Bryan L. Crawford, Esq.
          Heins Mills & Olson
          3550 IDS Ctr., 80 South 8th St.
          Minneapolis, MN 55402
          Phone: 612-338-4605
          Fax: 612-338-4692

Representing the defendants are:

          Gordon A. Greenberg, Esq.
          McDermott Will & Emery
          2049 Century Park E, 34th Fl.
          Los Angeles, CA 90067-3208
          Phone: 310-277-4110
          Fax: 310-277-4730

               - and -

          Stephen S. Hasegawa, Esq. (shasegawa@irell.com)
          Irell & Manella
          1800 Avenue of the Stars, Ste. 900
          Los Angeles, CA 90067-4276
          Phone: 310-277-1010


BUILDING MATERIALS: Faces California Suit Over Unpaid Overtime
--------------------------------------------------------------
Building Materials Holding Corp. is facing a purported class-
action lawsuit in California, which accuses it of failing to pay
for millions of dollars worth of overtime work, according to
Industrial Distribution.

The lawsuit was filed in the U.S. District Court for the Central
District of California on Sept. 22, 2008, under the caption,
"Eduardo Acevedo et al v. Building Materials Holding Corporation
et al., Case No. 2:08-cv-06227-SJO-CW."

It alleged that the company and several of its subsidiaries,
including San Francisco-based SelectBuild Construction Inc.,
withheld overtime and other wage payments (Class Action
Reporter, Oct. 6, 2008).

The Los Angels Times reported that the complaint is specifically
alleging that San Francisco-based BMHC coerced current and
former workers in Arizona, California and Nevada into working
unpaid overtime.

The 14 plaintiffs also accused the beleaguered firm, which
shuttered some of its operations in California and Arizona in
response to the housing crunch, of asking them to sign blank
time sheets, skip breaks, and travel without reimbursement, the
newspaper reported.

The suit is "Eduardo Acevedo et al v. Building Materials Holding
Corporation et al., Case No. 2:08-cv-06227-SJO-CW," filed in the
U.S. District Court for the Central District of California,
Judge S. James Otero, presiding.

Representing the plaintiffs is:

          Richa Amar, Esq. (ramar@rsglabor.com)
          Rothner Segall and Greenstone
          510 South Marengo Avenue
          Pasadena, CA 91101
          Phone: 626-796-7555
          Fax: 626-577-0124

Representing the defendants is:

          Sascha M Gleckler, Esq. (sgleckler@gibsondunn.com)
          Gibson Dunn and Crutcher
          333 South Grand Avenue
          Los Angeles, CA 90071
          Phone: 213-229-7000


CBEYOND INC: Amended Complaint Filed in Ga. Securities Lawsuit
--------------------------------------------------------------
An amended complaint was filed in a purported securities fraud
class-action lawsuit against Cbeyond, Inc. that was filed in the
U.S. District Court for the Northern District of Georgia, under
the caption, "Weisberg v. Cbeyond, Inc. et al., Civil Action No.
08-CV-1666."

On May 6, 2008, a purported class action lawsuit was filed
against the company and its chairman and chief executive
officer, James F. Geiger.

The action was brought by Steven Weisberg, individually and on
behalf of a proposed class of purchasers of the company's common
stock between Nov. 1, 2007, and Feb. 21, 2008.  It asserts
violations of Sections 10(b) and 20(a) of the U.S. Securities
Exchange Act of 1934, and regulations thereunder, based upon
allegations that the company underreported its customer churn
rate.

The plaintiff seeks to recover an unspecified amount for damages
on behalf of himself and all other members of the purported
class.

On October 24, 2008, the plaintiffs filed an amended complaint
which—in accordance with court rulings—changed the purported
class representatives to two institutional investors, Genesee
County Employees' Retirement System and the Essex Regional
Retirement Board.

The Amended Complaint also added J. Robert Fugate, the company's
chief financial officer and an executive vice president, as an
individual defendant.  The Amended Complaint does not materially
alter the allegations of the original complaint, according to
the company's Oct. 31, 2008 Form 10-Q Filing with the U.S.
Securities and Exchange Commission for the quarter ended Sept.
30, 2008.

The suit is "Weisberg v. Cbeyond, Inc., et al., Civil Action No.
08-CV-1666," filed in the U.S. District Court for the Northern
District of Georgia, Judge Clarence Cooper presiding.

Representing the plaintiff are:

          Martin D. Chitwood, Esq. (mchitwood@chitwoodlaw.com)
          Chitwood Harley Harnes
          2300 Promenade II
          1230 Peachtree Street, NE
          Atlanta, GA 30309
          Phone: 404-873-3900
          Fax: 404-876-4476

               - and -

          Mark C. Gardy, Esq.
          Gardy & Notis, LLP
          Suite 110
          440 Sylvan Avenue
          Englewood Cliffs, NJ 07632
          Phone: 201-567-7377
          Fax: 201-567-7337


Representing the defendants are:

          Scott P. Hilsen, Esq. (shilsen@alston.com)
          Alston & Bird
          1201 West Peachtree Street
          One Atlantic Center
          Atlanta, GA 30309-3424
          Phone: 404-881-7000

               - and -

          David A. Becker, Esq.
          Latham & Watkins
          555 Eleventh Street, N.W., Suite 1000
          Washington, DC 20004-1304
          Phone: 202-637-2174


CENTURYTEL INC: Appeal on Certification of "Beattie" Denied
-----------------------------------------------------------
Centurytel, Inc.'s appeal of the certification of a class in a
consumer lawsuit, entitled, "Beattie, et al. v. CenturyTel
Inc.," has been denied.

The suit was filed by Barbrasue Beattie and James Sovis on Oct.
28, 2002 in the U.S. District Court for the Eastern District of
Michigan.  It alleges that the company unjustly and unreasonably
billed customers for inside wire maintenance services.

The plaintiff seeks unspecified money damages and injunctive
relief under various legal theories on behalf of a purported
class of over two million customers in the companys telephone
markets.

On March 10, 2006, the court certified the suit as a class
action and issued a ruling that the billing descriptions the
company used for these services during an approximately 18-month
period between Oct. 29, 2000 and May 2002 were legally
insufficient.  The company's appeal of this class certification
decision was denied.

The suit is "Beattie, et al. v. Centurytel, Inc., Case No. 1:02-
cv-10277-DML," filed in the U.S District Court for the Eastern
District of Michigan, Judge Judge David M. Lawson, presiding.

Representing the plaintiffs are:

          Gregory J. Boulahanis, Esq.
          Boulahanis & Assoc.
          21905 Garrison Avenue
          Dearborn, MI 48124
          Phone: 313-277-2550
          Fax: 313-277-2550

              - and -

          Elwood S. Simon, Esq. (esimon@esimon-law.com)
          Elwood S. Simon Assoc.
          355 S. Woodward Avenue, Suite 250
          Birmingham, MI 48009
          Phone: 248-646-9730
          Fax: 248-258-2335


Representing the defendants are:

          Jennifer L. Frye, Esq. (jfrye@dickinsonwright.com)
          Dickinson Wright
          301 N . Liberty, Suite 500
          Ann Arbor, MI 48104
          Phone: 734-623-7075
          Fax: 734-623-1625

               - and -

          David J. Houston, Esq. (dhouston@dickinsonwright.com)
          Dickinson Wright
          215 S. Washington Square, Suite 200
          Lansing, MI 48933-1888
          Phone: 517-371-1730


EMBARQ CORP: To Contest Retirees' Claims Over Benefit Plans
-----------------------------------------------------------
Embarq Corp. and other defendants intend to contest the claims
and charges in a putative class-action lawsuit filed by a group
of retirees, according to the company's Oct. 30, 2008 Form 10-Q
filing with the U.S. Securities and Exchange Commission for the
quarter ended Sept. 30, 2008.

In December 2007, a group of retirees filed a putative class-
action lawsuit in the U.S. District Court for the District of
Kansas, challenging the decision to make certain modifications
to Embarq's retiree benefits programs generally effective Jan.
1, 2008.

During the 2007 second quarter, Embarq amended its other post-
retirement medical and life insurance plans to eliminate medical
coverage and Medicare premium subsidies for Medicare-eligible
retirees and Medicare-eligible beneficiaries and cap the maximum
amount of life insurance benefits through the company-sponsored
plan for qualified retirees at US$10,000, effective Jan. 1,
2008.

The defendants include Embarq, certain of its benefits plans,
its Employee Benefits Committee and its plan administrator.
Additional defendants include Sprint Nextel and certain of its
benefits plans.

In addition, a complaint in arbitration has been filed by 15
former Centel Corp. executives, similarly challenging the
benefits changes.

The suit is "William Douglas Fulghum et al. v. Embarq Corp. et
al., Case No. 07-CV-2602 KHV/JPO," filed in the U.S. District
Court for the District of Kansas, Judge Kathryn H. Vratil,
presiding.

Representing the plaintiffs are:

          Diane A. Nygaard, Esq. (diane@nygaardlaw.com)
          Jason M. Kueser, Esq. (jason@nygaardlaw.com)
          The Nygaard Law Firm
          4501 College Boulevard, Suite 260
          Leawood, Kansas 66211
          Phone: 913-469-5544
          Fax: 913-469-1561

          Alan M. Sandals, Esq. (asandals@sandalslaw.com)
          Scott M. Lempert, Esq. (slempert@sandalslaw.com)
          Sandals & Associates, P.C.
          One South Broad Street, Suite 1850
          Philadelphia, PA 19107
          Phone: 215-825-4000
          Fax: 215-825-4001

          Stewart W. Fisher, Esq. (sfisher@gmf-law.com)
          Glenn, Mills & Fisher, P.A.
          Post Office Drawer 3865
          Durham, NC 27702
          Phone: 919-683-2135
          Fax: 919-688-9339

               - and -

          Richard T. Seymour, Esq. (rick@rickseymourlaw.net)
          Law Office of Richard T. Seymour, PLLC
          1150 Connecticut Ave., NW
          Suite 900
          Washington, DC 20036
          Phone: 202-862-4320
          Fax: 800-805-1065


HARTFORD FINANCIAL: Keller Rohrback Announces Investigation
-----------------------------------------------------------
     SEATTLE, Nov. 11, 2008 -- Keller Rohrback L.L.P. today
announced that it is investigating The Hartford Financial
Services Group, Inc. ("Hartford" or the "Company") for potential
violations of the Employee Retirement Income Security Act of
1974, as amended ("ERISA").

     The investigation focuses on investments in Company stock
in The Hartford Investment and Savings Plan (the "Plan").

     Keller Rohrback's investigation involves concerns that
Hartford and other administrators of the Plan may have breached
their ERISA-mandated fiduciary duties of loyalty and prudence to
participants and beneficiaries of the Plan.

     A breach may have occurred if the fiduciaries failed to
manage the assets of the Plan prudently and loyally by investing
the assets in Company stock when it was no longer a prudent
investment for participants' retirement savings.

For more details, contact:

          Jennifer Tuato'o, Paralegal
          Erin Riley, Esq.
          Derek Loeser, Esq.
          Lynn Sarko, Esq.
          Phone: (800) 776-6044
          e-mail: investor@kellerrohrback.com


INSPIRE PHARMACEUTICALS: N.C. Suit's Dismissal Still on Appeal
--------------------------------------------------------------
The plaintiffs in a consolidated class-action lawsuit Inspire
Pharmaceuticals, Inc. are still appealing to the U.S. Court of
Appeals for the Fourth Circuit the dismissal of their case by
the U.S. District Court for the Middle District of North
Carolina.

On Feb. 15, 2005, the first of five identical purported
shareholder class-action complaints was filed against the
company and certain of its senior officers.

Each complaint alleged violations of sections 10(b) and 20(a) of
the U.S. Securities Exchange Act of 1934, and Securities and
Exchange Commission Rule 10b-5, and focused on statements that
are claimed to be false and misleading regarding a Phase 3
clinical trial of the company's dry eye product candidate,
ProlacriaTM (diquafosol tetrasodium).

Each complaint sought unspecified damages on behalf of a
purported class of purchasers of the company's securities
between June 2, 2004, and Feb. 8, 2005.

On March 27, 2006, following a consolidation of the lawsuits
into a single civil action and the appointment of lead
plaintiffs, a consolidated class action complaint asserting the
same allegations as the original ones was filed.

The consolidated complaint also asserts claims against certain
parties that served as underwriters in the company's securities
offerings during the period relevant to the complaint.

It seeks unspecified damages on behalf of a purported class of
purchasers of the company's securities from May 10, 2004, to
Feb. 8, 2005.

In May 2006, the plaintiffs agreed to voluntarily dismiss their
claims against the underwriters on the basis that they were
time-barred.

On June 30, 2006, the company and other defendants asked the
court to dismiss the complaint on the grounds that it fails to
state a claim upon which relief can be granted and does not
satisfy the pleading requirements under applicable law.

In July 2007, the court granted Inspire's and the other
defendants' request and dismissed the consolidated action with
prejudice.

On Aug. 24, 2007, the plaintiffs filed an appeal to the U.S.
Court of Appeals for the Fourth Circuit and the company and the
other defendants filed an opposition brief in January 2008.

On Aug. 24, 2007, the plaintiffs filed an appeal to the U.S.
Court of Appeals for the Fourth Circuit.  The plaintiffs filed
their opening appellate brief on Nov. 19, 2007.

The company and the other defendants filed an opposition brief
on January 18, 2008.  The plaintiffs filed their reply on Feb.
22, 2008, according to the company's Oct. 31, 2008 Form 10-Q
Filing with the U.S. Securities and Exchange Commission for the
quarter ended Sept. 30, 2008.

The suit is "Mirco Investors, LLC v. Inspire Pharma, et al.,
Case No. 1:05-cv-00118-WLO," filed before the U.S. District
Court for the Middle District of North Carolina, Judge William
L. Osteen, presiding.

Representing the plaintiffs are:

         Leslie Bruce Mcdaniel, Esq.
         Mcdaniel & Anderson, L.L.P.
         P.O. Box 58186
         Raleigh, NC 27658-8186
         Phone: 919-872-3000
         Fax: 919-790-9273
         e-mail: mcdas@mcdas.com

              - and -

         Kristi Stahnke Mcgregor, Esq.
         (kmcgregor@milbergweiss.com)
         Milberg Weiss Bershad & Schulman, LLP
         5200 Town Ctr. Cir., Ste. 600
         Boca Raton, FL 33486
         Phone: 561-361-5022
         Fax: 561-367-8400

Representing the defendants are:

         William Mark Conger, Esq.
         (mconger@kilpatrickstockton.com)
         Kilpatrick Stockton, L.L.P.
         1001 W. Fourth St.
         Winston-Salem, NC 27101
         Phone: 336-607-7309
         Fax: 336-734-2633

              - and -

         Barry m. Kaplan, Esq.
         Wilson Sonsini Goodrich & Rosati
         701 Fifth Ave., Ste. 5100
         Seattle, WA 98104
         Phone: 206-883-2500
         Fax: 206-883-2699


INTERNATIONAL COAL: City of Ann Arbor's Suit Junked on Sept. 30
---------------------------------------------------------------
The U.S. District Court for the Southern District of West
Virginia, on Sept. 30, 2008, dismissed the City of Ann Arbor
Employees' Retirement System's class-action lawsuit against
International Coal Group, Inc. in its entirety.

On April 5, 2007, the plaintiff filed a class action lawsuit
against the company and certain of its officers, directors and
underwriters.

The amended complaint asserted claims under Sections 11,
12(a)(2) and 15 of the Securities Act of 1933 based on alleged
false and misleading statements in the registration statements
filed in connection with the company's November 2005
reorganization and December 2005 public offering of common
stock.

The company and the named officers and directors filed a motion
to dismiss the amended complaint on Sept. 28, 2007, as did the
underwriters.

The plaintiffs did not appeal the dismissal, according to the
company's Nov. 7, 2008 Form 10-Q filing with the U.S. Securities
and Exchange Commission for the quarter ended Sept. 30, 2008.

International Coal Group, Inc. -- http://www.intlcoal.com/--
produces coal in Northern and Central Appalachia with a range of
mid to high British thermal unit (Btu), low to medium sulfur
steam and metallurgical coal.  The Company is headquartered  in
Scott Depot, W.V.


INTERNATIONAL COAL: Still Faces Saratoga Advantage Suit in W.Va.
----------------------------------------------------------------
International Coal Group, Inc. is still facing a purported
class-action lawsuit filed by Saratoga Advantage Trust in the
U.S. District Court for the Southern District of West Virginia,
according to the company's Nov. 7, 2008 Form 10-Q filing with
the U.S. Securities and Exchange Commission for the quarter
ended Sept. 30, 2008.

On Jan. 7, 2008, Saratoga Advantage Trust filed a class-action
lawsuit against the company and certain of its officers and
directors.

The complaint asserts claims under Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934, and Rule 10b-5 promulgated
thereunder, based on alleged false and misleading statements in
the registration statements filed in connection with the
company's November 2005 reorganization and December 2005 public
offering of common stock.

In addition, the complaint challenges other of the company's
public statements regarding its operating condition and safety
record.

International Coal Group, Inc. -- http://www.intlcoal.com/--
produces coal in Northern and Central Appalachia with a range of
mid to high British thermal unit (Btu), low to medium sulfur
steam and metallurgical coal.  The Company is headquartered  in
Scott Depot, W.V.


ISILON SYSTEMS: Bid to Dismiss Consolidated Amended Suit Pending
----------------------------------------------------------------
A motion to dismiss the consolidated amended complaint purported
to be brought on behalf of a class of persons who purchased or
otherwise acquired Isilon Systems, Inc.'s stock during the
period Dec. 16, 2006 to Oct. 3, 2007 remains pending.

On Nov. 1, 2007, a putative class-action complaint was filed in
the U.S. District Court for the Western District of Washington
against the company and certain of its current and former
directors and officers.

The complaint asserts claims under Sections 10(b) and 20(a) of
the U.S. Securities Exchange Act of 1934, as amended, and Rule
10b-5 promulgated there under, as well as under Sections 11 and
15 of the U.S. Securities Act of 1933.

Substantially similar complaints were filed later in the same
court and all of these cases were subsequently consolidated.

On April 18, 2008, lead plaintiffs filed a consolidated amended
complaint against the company, certain of its current and former
directors and officers, underwriters, and venture capital firms.

The consolidated complaint purports to be brought on behalf of a
class of persons who purchased or otherwise acquired the
company's stock during the period Dec. 16, 2006 to Oct. 3, 2007.

The plaintiffs allege that defendants violated the federal
securities laws by issuing a false and misleading registration
statement and prospectus in connection with the company's Dec.
16, 2006 initial public offering and by thereafter
misrepresenting the company's current and prospective business
and financial results, thereby causing the company's stock price
to be artificially inflated during the purported class period.

They seek unspecified compensatory damages, interest, attorneys'
fees and costs, and injunctive relief.

On Sept. 30, 2008, the company and the other defendants moved to
dismiss the consolidated amended complaint, according to the
company's Oct. 30, 2008 Form 10-Q filing with the U.S.
Securities and Exchange Commission.

The suit is "Youakim v. Isilon Systems Inc. et al., Case No.
2:07-cv-01764-MJP," filed in the U.S. District Court for the
Western District of Washington, Judge Marsha J. Pechman,
presiding.

Representing the plaintiffs are:

          Karl Phillip Barth, Esq. (kbarth@lmbllp.com)
          Lovell Mitchell & Barth
          11542 NE 21st Street, Ste. A
          Bellevue, WA 98004
          Phone: 425-452-9800

               - and -

          Matthew K. Handley, Esq. (mhandley@cmht.com)
          Cohen Milstein Hausfeld & Toll PLLC
          1933 18th Street NW, Ste. 303
          Washington, DC 20005
          Phone: 202-408-4600

Representing the defendants are:

          Jerome F. Birn, Jr., Esq. (jbirn@wsgr.com)
          Wilson Sonsini Goodrich & Rosati
          650 Page Mill Rd.
          Palo Alto, CA 94304
          Phone: 415-493-9300

               - and -

          Seth Aronson, Esq. (saronson@omm.com)
          O'Melveny & Myers
          400 S. Hope St., Ste. 1050
          Los Angeles, CA 90071-2899
          Phone: 213-430-6000


NATIONAL AUSTRALIA: Appeals Court Affirms Dismissal of N.Y. Suit
----------------------------------------------------------------
The U.S. Court of Appeals for the Second Circuit affirmed the
dismissal of the purported class-actions lawsuit, "In re:
National Australia Bank Securities Litigation, Case No. 1:03-cv-
06537-BSJ," Melissa Klein Aguilar of Compliance Week reports.

The suit was brought as a class-action on behalf of purchasers
of the equity, debt, and other securities of National Australia
Bank Ltd. including, but not limited to, its ordinary shares and
American Depositary Receipt (ADRs) between April 1, 1999 and
Sept. 3, 2001, inclusive (Class Action Reporter, Nov. 28, 2006).

The consolidated class-action complaint alleged that defendants
violated Sections 10(b) and 20(a) of the U.S. Securities
Exchange Act of 1934 by disseminating materially false and
misleading statements concerning fraud by NAB at its subsidiary,
HomeSide Lending, Inc.

According to Compliance Week, the root of the dispute was
accounting troubles at the company's U.S. subsidiary, HomeSide
Lending.  Those irregularities led NAB to restate its financials
and sent its stock price tumbling; the foreign plaintiffs then
sued NAB, alleging violations of the U.S. Securities and
Exchange Act and Rule 10b-5.

The plaintiffs contended that the fraud occurred primarily in
Florida, where HomeSide was located and where the false numbers
at issue were created.

However, according to Compliance Week, the district court
disagreed and said the foreign plaintiffs had no jurisdiction to
sue in U.S. courts.  It also dismissed the claim of a fourth
plaintiff, Robert Morrison, who purchased ADRs and sought to
represent a class of American purchasers for failure to state a
claim.

Essentially, the district court dismissed the claims for lack of
subject matter jurisdiction and for failure to state a claim, a
ruling that was later  appealed to the U.S. Court of Appeals for
the Second Circuit.

Compliance Week reported that on Oct. 23, 2008, the Second
Circuit affirmed a lower court's decision to dismiss the
securities class-action lawsuit, which was brought against NAB
by three foreign plaintiffs that had purchased shares abroad,
and who sought to represent a class of non-American purchasers
of NAB ordinary shares,

The appeals court only dealt with the issues involving the three
foreign plaintiffs.  Despite the "unusual fact-pattern," the
court said in its decision, "the usual rules still apply."

The court cited an earlier decision, "Alfadda v. Fenn," in its
ruling that subject-matter jurisdiction exists on foreign
plaintiffs' claims only if the defendant's conduct was "more
than merely preparatory to the fraud, and particular acts or
culpable failures to act within the United States directly
caused losses to foreign investors abroad," according to
Compliance Week.

The suit is "In re National Australia Bank Securities
Litigation, Case No. 1:03-cv-06537-BSJ," filed in the U.S.
District Court for the Southern District of New York, Judge
Barbara S. Jones, presiding.

Representing the plaintiffs are:

          Thomas A. Dubbs, Esq. (tdubbs@labaton.com)
          James W. Johnson, Esq. (jjohnson@labaton.com)
          Labaton Rudoff & Sucharow LLP
          100 Park Avenue, 12th Floor
          New York, NY 10017
          Phone: 212-907-0700 or 212-907-0859
          Fax: 212-818-0477 or 212-883-7059 E-mail:

               - and -

          Menachem E. Lifshitz, Esq. (lifshitz@bernlieb.com)
          Bernstein Liebhard & Lifshitz, LLP
          10 East 40th Street
          New York, NY 10016
          Phone: 212-779-1414
          Fax: 212-779-3218

Representing the defendants are:

          A. Graham Allen, Esq.
          Rogers, Towers, P.A.
          1301 Riverplace Boulevard, Suite 1500
          Jacksonville, FL 32207
          Phone: (904) 398-3911
          Fax: (904) 396-0663

          George T. Conway, III, Esq. (GTConway@wlrk.com)
          Wachtell, Lipton, Rosen & Katz
          51 West 52nd Street
          New York, NY 10019
          Phone: (212) 403-1000
          Fax: (212) 403-2000

               - and -

          Robert Scott Loigman, Esq. (rloigman@fklaw.com)
          Eric Jonathan Seiler
          Friedman, Kaplan, Seiler and Adelman
          1633 Broadway
          New York, NY 10019
          Phone: (212) 833-1114
          Fax: (212) 373-7914


PROTIVITI INC: Seeks to Strike Class Allegations in "Tran" Case
---------------------------------------------------------------
Protiviti Inc., a wholly owned subsidiary of Robert Half
International, Inc., filed a motion to strike the class
allegations in a purported class-action lawsuit in connection to
overtime pay.

On May 4, 2006, Don Tran, on behalf of himself and a putative
class of salaried Consultants and Senior Consultants, and a sub-
class of terminated salaried Consultants and Senior Consultants,
filed a complaint in California Superior Court naming Protiviti
Inc., a wholly owned subsidiary of the company, as defendant.

The complaint alleges that salaried consultants based in
California have been misclassified under California law as
exempt employees and seeks an unspecified amount for unpaid
overtime pay alleged to be due to them had they been paid as
non-exempt, hourly employees.

The plaintiff also seeks an unspecified amount for statutory
penalties for alleged violations of the California Labor Code
arising from the alleged misclassification of these employees as
exempt employees.

The complaint further seeks damages and penalties for the
failure to provide meal and rest periods, and for the failure to
reimburse business expenses, including, without limitation,
parking and cellular telephone expenses.

On Feb. 28, 2008, the Court allowed Plaintiff to amend the
complaint to name as class representatives two additional former
Protiviti Consultants, who had worked for Protiviti's "Internal
Audit" business line.  The plaintiff had worked for Protiviti's
"Technology Risk" business line.

On April 3, 2008, the plaintiffs agreed in open court to dismiss
their claim for failure to reimburse business expenses.  On May
12, 2008, the plaintiffs filed a motion to certify the class and
Protiviti filed a motion to strike the class allegations,
according to Robert Half's Oct. 31, 2008 Form 10-Q Filing with
the U.S. Securities and Exchange Commission for the quarter
ended Sept. 30, 2008.

Robert Half International, Inc. -- http://www.rhi.com/--
provides specialized staffing and risk consulting services.  The
Company, through its Accountemps, Robert Half Finance &
Accounting, and Robert Half Management Resources divisions, is a
specialized provider of temporary, full-time project
professionals in the fields of accounting and finance.


REGIONS FINANCIAL: Faces Suits by Funds Investors & Shareholders
----------------------------------------------------------------
The class-actions lawsuits filed in federal and state courts on
behalf of investors who purchased shares of certain Regions
Morgan Keegan Select Funds and shareholders of Regions Financial
Corp. are in the preliminary stages.

The company and certain of its affiliates were named in class-
action lawsuits filed in late 2007 and during 2008.

The complaints contain various allegations, including claims
that the Funds and the defendants misrepresented or failed to
disclose material facts relating to the activities of the Funds.

No class has been certified, according to the company's Oct. 30,
2008 Form 10-Q filing with the U.S. Securities and Exchange
Commission for the quarter ended Sept. 30, 2008.

Regions Financial Corp. -- http://www.regions.com/-- is a
financial holding company that operates throughout the South,
Midwest and Texas. The Company provides traditional commercial,
retail and mortgage banking services, as well as other financial
services in the fields of investment banking, asset management,
trust, mutual funds, securities brokerage, insurance and other
specialty financing.


ROBERT HALF: Calif. Court Stays Suit by "Inside Sales Persons"
--------------------------------------------------------------
The U.S. District Court for the Northern District of California
stayed a lawsuit over unpaid overtime that was filed against
Robert Half International, Inc.

On Aug. 9, 2005, Lizette Greene, on behalf of herself and a
putative class of salaried "inside sales persons," filed the
complaint with the U.S. District Court for the Northern District
of California naming the Company and three of its wholly owned
subsidiaries as defendants.

In December 2005, the plaintiff amended the complaint, alleging
that purported "inside sales persons" based in California have
been misclassified under federal law as exempt employees and
seeks an unspecified amount for unpaid overtime pay alleged to
be due to them had they been paid as non-exempt, hourly
employees.

In addition, the plaintiff also makes two claims under the
California Private Attorney Generals Act seeking an unspecified
amount for statutory penalties for alleged violations of the
California Labor Code arising from the alleged misclassification
of these employees as exempt employees.

The plaintiff also asserts a claim under California Business and
Professions Code Section 17200 for a putative nation wide class
of purported "inside sales persons."

On Dec. 22, 2006, the plaintiff filed a motion for conditional
certification of their federal claims in which they seek to
represent a class of salaried employees who worked for the
Company and certain of its subsidiaries in California within
three years before the complaint was filed and seeking
permission to mail class members a notice regarding their right
to opt into the case as plaintiffs.

In June 7, 2007, the Court stayed this litigation pending
resolution of a litigation filed with the California Superior
Court against the company by Mark Laffitte.

The company reported no development in the matter in its Oct.
31, 2008 Form 10-Q Filing with the U.S. Securities and Exchange
Commission for the quarter ended Sept. 30, 2008.

The suit is "Greene v. Robert Half International Inc. et al.,
Case No. 3:05-cv-03248-SC," filed with the U.S. District Court
for the Northern District of California, Judge Samuel Conti
presiding.

Representing the plaintiff is:

         Mark Andrew Chavez, Esq. (mark@chavezgertler.com)
         Chavez & Gertler LLP
         42 Miller Avenue
         Mill Valley, CA 93941
         Phone: 415-381-5599
         Fax: 415-381-5572

Representing the defendant is:

         Gilmore F. Diekmann, Jr., Esq. (gdiekmann@seyfarth.com)
         Seyfarth Shaw LLP
         560 Mission Street, Suite 3100
         San Francisco, CA 94105
         Phone: 415-397-2823
         Fax: 415-397-8549


ROBERT HALF: Calif. Overtime Compensation Litigation Stayed
-----------------------------------------------------------
A class-action lawsuit filed in California Superior Court by
employees of Robert Half International, Inc., who were allegedly
denied overtime compensation has been stayed.

On Sept. 10, 2004, plaintiff Mark Laffitte, on behalf of himself
and a putative class of salaried account executives and staffing
managers, filed the complaint with the California Superior Court
naming the company and three of its wholly owned subsidiaries as
defendants.

The complaint alleges that salaried account executives and
staffing managers based in California have been misclassified
under California law as exempt employees and seeks an
unspecified amount for unpaid overtime pay alleged to be due to
them had they been paid as non-exempt hourly employees.

In addition, the plaintiff seeks an unspecified amount for
statutory penalties for alleged violations of the California
Labor Code arising from the alleged misclassification of these
employees as exempt employees.

The court heard cross-motions concerning class certification,
and on Sept. 18, 2006, issued an order certifying a class with
respect to claims for alleged unpaid overtime pay, but denied
certification with respect to claims relating to meal periods
and rest time breaks.

On Aug. 15, 2008, the Court stayed the litigation pending the
California Supreme Court's ruling in another case unrelated to
the Company entitled, "Harris v. Superior Court."  The ruling in
such case may have a material adverse bearing on the Company's
position in this litigation.

The company reported no development in the matter in its Oct.
31, 2008 Form 10-Q Filing with the U.S. Securities and Exchange
Commission for the quarter ended Sept. 30, 2008.

Robert Half International, Inc. -- http://www.rhi.com/--
provides specialized staffing and risk consulting services.  The
Company, through its Accountemps, Robert Half Finance &
Accounting, and Robert Half Management Resources divisions, is a
specialized provider of temporary, full-time project
professionals in the fields of accounting and finance.


ROBERT HALF: Faces Temporary Staffing Employees' Suit in Calif.
---------------------------------------------------------------
Robert Half International, Inc. is facing a purported class-
action lawsuit in California Superior Court that was filed by
temporary staffing employees.

On Sept. 16, 2008, Donald R. Green, on behalf of himself and a
putative class of all temporary staffing employees in
California, filed a complaint in California Superior Court
naming the company and one of its wholly owned subsidiaries as
defendants.

The complaint alleges that temporary employees in California
were improperly denied expense reimbursement and wages for time
purportedly spent preparing for interviews, and traveling to and
attending interviews with, alleged clients of defendants.

The plaintiff seeks penalties and equitable and legal remedies
under Section 17200 of the California Business and Professions
Code and Sections 1194 and 2802 of the California Labor Code.

Robert Half International, Inc. -- http://www.rhi.com/--
provides specialized staffing and risk consulting services.  The
Company, through its Accountemps, Robert Half Finance &
Accounting, and Robert Half Management Resources divisions, is a
specialized provider of temporary, full-time project
professionals in the fields of accounting and finance.


ROBERT HALF: Mass. Court Denies Discovery Motion in "O'Donnell"
---------------------------------------------------------------
The U.S. District Court for the District of Massachusetts denied
a motion in the matter, "O'Donnell et al v. Robert Half
International, Inc. et al., Case No. 1:04-cv-12719-NMG," which
sought to conduct discovery on class claims in the case,
according to the company's Oct. 31, 2008 Form 10-Q Filing with
the U.S. Securities and Exchange Commission for the quarter
ended Sept. 30, 2008.

On Dec. 6, 2004, Ian O'Donnell and David Jolicoeur, on behalf of
themselves and a putative class of salaried staffing managers,
account executives and account managers, filed the complaint
with the Massachusetts Superior Court naming the Company and one
of its wholly owned subsidiaries as defendants.

The complaint alleges that salaried staffing managers, account
executives and account managers based in Massachusetts within
the past two years have been misclassified under Massachusetts
law as exempt employees and seeks an unspecified amount equal to
three times their unpaid overtime compensation alleged to be due
to them had they been paid as non-exempt, hourly employees, plus
costs and legal fees.

It also makes similar allegations under the U.S. Fair Labor
Standards Act on behalf of all staffing managers, account
executives and account managers employed in any state other than
Massachusetts and California within the past three years and
seeks an unspecified amount for unpaid overtime pay alleged to
be due to them had they been paid as non-exempt, hourly
employees, plus an equal amount as liquidated damages.

The case has been removed to the U.S. District Court for the
District of Massachusetts.

As the company disclosed in its previous filings, the Court has
previously denied conditional certification of Plaintiffs'
federal claims as a collective action and Plaintiffs' state law
claims as a class action.

On Oct. 21, 2008, the Court denied Plaintiffs' motion to conduct
discovery on class claims and directed that discovery be limited
to the individual claims of the named plaintiffs.  The case
remains limited to three individuals.

The suit is "O'Donnell et al v. Robert Half International, Inc.
et al., Case No. 1:04-cv-12719-NMG," filed with the U.S.
District Court for the District of Massachusetts, Judge
Nathaniel M. Gorton, presiding.

Representing the plaintiffs is:

         Shannon E. Liss-Riordan, Esq. (sliss@prle.com)
         Pyle, Rome, Lichten, Ehrenberg & Liss-Riordan, P.C.
         18 Tremont Street, Suite 500
         Boston, MA 02109
         Phone: 617-367-7200
         Fax: 617-367-4820

Representing the defendants is:

         Richard L. Alfred, Esq. (ralfred@seyfarth.com)
         Seyfarth Shaw
         World Trade Center East, Two Seaport Lane, Suite 300
         Boston, MA 02210-2028
         Phone: 617-946-4800
         Fax: 617-946-4801


ROBERT HALF: Still Faces Calif. Lawsuit by Executives, Managers
---------------------------------------------------------------
Robert Half International, Inc. and its subsidiaries are still
facing a purported class-action lawsuit in California over
unpaid overtime.

On Sept. 24, 2007, Van Williamson, on behalf of himself and a
putative class of salaried account executives and staffing
managers, filed the complaint with the California Superior Court
naming the company and three of its wholly owned subsidiaries as
defendants.

The complaint alleges that salaried account executives and
staffing managers based in California were not provided meal
periods, paid rest periods, and accurate itemized wage
statements.  It seeks one hour of wages for each employee for
each meal and rest period missed during the statutory liability
period.

The suit also seeks an unspecified amount for statutory
penalties for alleged violations of the California Labor Code
arising from the alleged failure to provide the meal and rest
periods and accurate itemized wage statements.

The allegations in the complaint are substantially similar to
the allegations included in the complaint filed by Mark Lafitte
against the company and three of its wholly owned subsidiaries
on Sept. 10, 2004.

The company reported no development in the matter in its Oct.
31, 2008 Form 10-Q Filing with the U.S. Securities and Exchange
Commission for the quarter ended Sept. 30, 2008.

Robert Half International, Inc. -- http://www.rhi.com/--
provides specialized staffing and risk consulting services.  The
Company, through its Accountemps, Robert Half Finance &
Accounting, and Robert Half Management Resources divisions, is a
specialized provider of temporary, full-time project
professionals in the fields of accounting and finance.


TELECOM FIRMS: JPML to Hold Hearing on Nov. 20 for Texting Suits
----------------------------------------------------------------
The U.S. Judicial Panel on Multidistrict Litigation is scheduled
to hold a hearing Nov. 20, 2008 on requests to consolidate some
two dozen antitrust class-action lawsuits, alleging that AT&T
Mobility, Verizon Wireless, Sprint Nextel Corp. and T-Mobile USA
Inc. conspired to raise text message prices in recent years, RCR
Wireless reports.

The panel is entertaining competing requests from various
plaintiffs to transfer the lawsuits to a federal court in
Illinois, Louisiana, Ohio or the District of Columbia, according
to RCR Wireless.

RCR Wireless reported that the lawsuits spread like wildfire
after Senate Judiciary antitrust subcommittee Chairman Herb Kohl
(D-Wis.) raised concerns in a Sept. 9, 2008 letter to wireless
executives about the price for individual text messages rising
from 10 cents to 20 cents over the past three years among the
major cellular operators.

In written responses to Sen. Kohl last month, RCR Wireless
reports that CEOs of AT&T Mobility, Sprint Nextel, and T-Mobile
USA said that although the price of individual text messages has
risen, the cost for many users has actually decreased due to
their subscription to high-volume and unlimited texting
packages.  Sen. Kohl honored Verizon Wireless' request to keep
the content of its letter confidential.

The price-fixing lawsuits against the $144 billion cellular
industry target a growing wireless data/content market, which
accounts for $27.5 billion in annual revenue for wireless
operators, according to the RCR Wireless report.


U.S. RAILROADS: Court Denies Dismissal Bid in Surcharges Lawsuit
----------------------------------------------------------------
The U.S. District Court for the District of Columbia denied a
motion by several U.S. railroad operators that sought for the
dismissal of a consolidated class-action lawsuit that accuses
them of illegally fixed fuel surcharges, Doug Cameron of Dow
Jones Newswires reports.

Initially, several purported class-action lawsuits were filed in
various federal district courts regarding fuel surcharges.  They
were filed by shippers that accuse the defendants of colluding
to set and inflate fuel surcharges between at least July 2003
and June 2007 in violation of U.S. antitrust laws.

In November 2007, these lawsuits were consolidated in the U.S.
District Court for the District of Columbia, under the caption,
"In Re: Rail Freight Fuel Surcharge Antitrust Litigation – MDL-
1869, Case No. 1:07-mc-00489-PLF."

The defendants in the consolidated litigation, include:

       -- The association of American Railroads,
       -- BNSF Railway Co.,
       -- CSX Transportation, Inc.,
       -- Kansas City Southern Railway Co.,
       -- Norfolk Southern Railway Co., and
       -- Union Pacific Railroad Co.

Recently, Burlington Northern Santa Fe Corp. (BNSF), CSX,
Norfolk Southern, and Union Pacific, sought to dismiss the
litigation.

However, their challenge was denied by Judge Paul Friedman in a
District of Columbia court ruling issued last week.  The  also
told them to provide further evidence to the plaintiffs,
according to Dow Jones Newswires.

The suit is "In Re: Rail Freight Fuel Surcharge Antitrust
Litigation – MDL-1869, Case No. 1:07-mc-00489-PLF," filed in the
U.S. District Court for the District of Columbia, Judge Paul L.
Friedman, presiding.

Representing the plaintiffs are:

          Stephen R. Neuwirth, Esq.
          (stephenneuwirth@quinnemanuel.com)
          Quinn Emanuel Urquhart Oliver & Hedges, LLP
          51 Madison Avenue
          22nd Floor
          New York, NY 10010
          Phone: (212) 849-7000
          Fax: (212) 849-7100
          e-mail:

               - and -

          Roger M. Adelman, Esq. (radelman@erols.com)
          1100 Connecticut Avenue, NW
          Suite 730
          Washington, DC 20036
          Phone: (202) 822-0600
          Fax: (202) 822-6722

Representing the defendants are:

          Tyrone R. Childress, Esq. (childresst@howrey.com)
          Howrey LLP
          550 South Hope Street
          Suite 1100
          Los Angeles, CA 90071
          Phone: (213) 892-1800
          Fax: (213) 892-2300

               - and -

          Kent Alan Gardiner, Esq. (kgardiner@crowell.com)
          Crowell & Moring, L.L.P.
          1001 Pennsylvania Avenue, NW
          Washington, DC 20004-2595
          Phone: (202) 624-2578
          Fax: 202-628-5116


WASHINGTON MUTUAL: Major Shareholder Files Securities Fraud Suit
----------------------------------------------------------------
The Ontario Teachers Pension Plan Board of Canada, a major
shareholder, has filed a securities class-action complaint
against Washington Mutual, Inc., and some officers, including
former Chief Executive Kerry Killinger, Jon Talton of The
Seattle Times reports.

The complaint alleges the company moved away from its
traditional, low-risk roots while embracing risky subprime loans
and secretly abandoning proper standards, according to The
Seattle Times report.

Washington Mutual, Inc. -- https://www.wamu.com/ -- is a
consumer and small business banking company with operations in
U.S. markets.  The company is a savings and loan holding
company.  It owns two banking subsidiaries, Washington Mutual
Bank (WMB) and Washington Mutual Bank fsb (WMBfsb), as well as
numerous non-bank subsidiaries.  The company operates in four
segments: the Retail Banking Group, which operates a retail bank
network of 2,257 stores in California, Florida, Texas, New York,
Washington, Illinois, Oregon, New Jersey, Georgia, Arizona,
Colorado, Nevada, Utah, Idaho and Connecticut; the Card Services
Group, which operates a nationwide credit card lending business;
the Commercial Group, which conducts a multi-family and
commercial real estate lending business in selected markets, and
the Home Loans Group, which engages in nationwide single-family
residential real estate lending, servicing and capital markets
activities.


                   New Securities Fraud Cases

CADENCE DESIGN: Bronstein Gewirtz Announces Stock Suit Filing
-------------------------------------------------------------
     NEW YORK, Nov. 11, 2008 -- Bronstein, Gewirtz & Grossman,
LLC announces that a class action lawsuit has been filed in the
United States District Court for the Northern District of
California on behalf of those who purchased the securities of
Cadence Design Systems, Inc. ("Cadence" or the "Company")
between April 23, 2008 and October 22, 2008, inclusive (the
"Class Period").

     The complaint charges Cadence and certain of its current
and former officers with violation of the Securities Act of
1933.

     On or about October 15, 2008, Cadence's stock declined 15%
after the company disclosed that five of its executives had
resigned including Michael Fister, the President, Chief
Executive Officer, and director of the company.

     Merely a week later, on or about October 22, 2008 the
Company stunned investors by acknowledging that the company was
reviewing the recognition of revenue related to customer
contracts signed in the first quarter of 2008 and that it
expected to restate its financial statements not only for that
quarter, but also the first half of 2008.

     On this news, shares of Cadence declined $1.10 per share,
more than 25%, to close on October 23, 2008 at 3.22 per share,
on unusually heavy volume.

     No Class has yet been certified in the above action.

For more details, contact:

          Peretz Bronstein, Esq.
          Eitan Kimelman (eitan@bgandg.com)
          Bronstein, Gewirtz & Grossman, LLC
          Phone: 212-697-6484


                            *********

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
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Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.  Glenn Ruel S. Senorin, Stephanie T. Umacob, Gracele D.
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Copyright 2008.  All rights reserved.  ISSN 1525-2272.

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