Date: Sun, 19 Mar 1995 17:38:54 -0500 From: Chris Hagin To: Multiple recipients of list GLB-NEWS Date: Sun, 19 Mar 1995 National briefs: Court rejects hemophiliacs' bid to sue over AIDS A federal appeals court has ruled that thousands of hemophiliacs who contracted the AIDS virus from blood-clotting medicine may not join in a lawsuit against drug companies, partly because it might bankrupt the industry. In a 2-1 ruling Friday, the court said a federal judge who consolidated cases into a class action exceeded ``the permissible bounds of discretion.'' Such a class action would allow one jury to ``hold the fate of an industry in the palm of its hand,'' and could ``hurl the industry into bankruptcy,'' Judge Richard Posner wrote for the 7th U.S. Circuit Court of Appeals, in Chicago. David Shrager, lead attorney for the hemophiliacs, vowed Saturday to seek a rehearing next week before the full seven-member appeals court.