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To: Charles A. King who wrote (8743)	2/8/1998 3:03:00 PM
From: Charles A. King	Respond to of 13091

Laidlaw made a counteroffer to Philip Services' friendly takeover offer for Safety Kleen. Since then Philip's stock has taken a hit due to writeoffs. Now more lawsuits are flying. BOSTON, Feb. 5 /PRNewswire/ -- Berman DeValerio & Pease LLP has commenced a securities fraud class action in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased the common stock or call options of Philip Services Corp. during the period of November 6, 1997 through and including January 27, 1998 and who suffered damages as a result. newsalert.com NEW YORK, Feb. 6 /PRNewswire/ -- Pomerantz Haudek Block & Grossman announced that it has filed a Complaint seeking class action status in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Philip Services Corporation for the period of November 6, 1997 through January 26, 1998 (the "Class Period"). newsalert.com Charles