To: SOROS who wrote (13424 ) 12/23/1998 1:54:00 PM From: bob Read Replies (2) | Respond to of 13949
News Research Symbol Search Your Stock List Help Account Info AOL Help FAQs Partners Glossary Links Please visit our sponsors! DJIA 9159.5504 +115.09 NASDAQ 2154.11 +33.13 S&P 500 1218.49 +14.92 30 Yr Bond 5.192 +0.06 FreeRealTime.com presents Today's Stock Pick, by Harry Aloof Setup your personalized stock list. News December 23, 13:36 Eastern Time Y2K LAWSUIT ALLEGES NATIONAL MEDICAL CONTINUITY THREATENED BY Non-Compliant Software CHICAGO, Dec. 23 /PRNewswire/ -- The law offices of Gold & Rosenfeld and the law offices of Gogel, Phillips and Garcia, LLP, announced today that a class action has been filed in the United States District Court for the Northern District of Illinois against computer giant International Business Machines Corporation ("IBM") and its business partner Medic Computer Systems, Inc. ("Medic"). The suit asserts claims on behalf of all persons and entities who purchased a computer solution containing hardware and software manufactured and/or sold by IBM and Medic, (the "Bundled Solution"), either directly or indirectly, from IBM and/or Medic, which is not Year 2000 ("Y2K") compliant. The class action is brought on behalf of Mario C. Yu, M.D., a physician specializing in obstetrics and gynecology, on behalf of all similarly situated persons and/or entities who purchased the Bundled Solution comprised of IBM's RISC 6000 computer system containing the AIX o/s v. 4.1 and the Medic application software v. 7.0 dated July 7, 1997, among other things. The Complaint alleges that the Defendants either knew or should have known that the Bundled Solution was not Y2K compliant, and accordingly would cease to properly function on and after January 1, 2000. The complaint further alleges that as a consequence of the Y2K defect, the thousands of health care providers using the Bundled Solution face the significant possibility of a substantial interruption to their medical practices, and the consequent effect on critical patient care. Plaintiff seeks to recover compensatory, punitive and injunctive relief on behalf of all class members. Specifically, Plaintiff seeks an injunction ordering the Defendants to give effective and meaningful notice to all registered licensees of the defect, and to provide a "patch," at Defendants' cost, fixing the problem. Plaintiff is represented by the law firms of Gold & Rosenfeld and Gogel, Phillips & Garcia, LLP. Gold & Rosenfeld is a Chicago-based law firm which concentrates its practice in the area of Information Technology Law and complex Commercial Litigation. Its partners have extensive experience in the information technology industry. Gogel, Phillips & Garcia, LLP is a Massachusetts-based law firm specializing in class action litigation. In the past year, Gogel, Phillips & Garcia has been appointed class counsel in LaFromboise, et al. v. Greenwood Trust, et al. (D. Mass.); In re: General Electric Capital Corp. Bankruptcy Debtor Reaffirmation Agreements Litigation (MDL, NDIL); and Lamontagne, et al. v. Hurley State Bank, et al. (D. Mass). SOURCE Law Offices of Gold & Rosenfeld