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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.16

-0.1%

Jan 13 4:00 PM EST

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To: E. Charters who wrote (91374)	11/24/2002 7:27:56 AM
From: Richnorth	Read Replies (4) of 116856

Oh well, this is America! There is easy big money in litigation! Nothing like trying, eh? Lawsuit against McDonald's has industry on edge NEW YORK - The American fast-food industry is sitting on edge as it closely watches a lawsuit filed on behalf of several obese teenagers who claim that McDonald's is responsible for making them fat. The suit has been filed by lawyer Samuel Hirsch in a Manhattan federal court, who said that if the case went to trial he would turn it into a class-action suit that would allow other children in the state to be represented. The BBC reported that the lawsuit accuses McDonald's of violating New York state's consumer fraud statutes by misleading consumers deliberately into thinking that its cheeseburgers and other offering are healthy and nutritious. It said the company did not provide adequate information on the health risks linked to fast foods. McDonald's had asked the court to dismiss the case, the BBC said. The company's lawyer, Mr Brad Lerman, said the understanding and comprehension of the effects of hamburgers and French fries were long-known. But the mother of one of the children, who at the age of 15 weighs more than 180 kg, said she had 'always believed McDonald's was healthy for my son'. If successful, fast-food companies fear that it could trigger a rash of further suits and huge payouts to victims - potentially running into billions of dollars - similar to those that have severely damaged the tobacco industry, the BBC said.

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