Help with .click(function () and HREFs

Help with .click(function () and HREFs

I am trying to have a .click on any <a> tag inside my <div id="test">.  If they are inside a <li>, they do not work.  Code...

$("#test a").click(function () {....
   // Function to open in iFrame
   new_window($(this).parent().attr("id"), $(this).attr("href"), null);

If I use without <ul><li> it works...
<div id="test">
   <a href="index.cfm?action=statusTracking.statTrkLSDconvert" onclick="return false;">test link</a>
</div>

Adding UL and LI does not work.  It hits the function, but then just refreshes the page to the href...
<div id="testBody">
   <ul><li><a href="index.cfm?action=statusTracking.statTrkLSDconvert" onclick="return false;">test link</a></li></ul>
</div>

Any suggestions? Thanks!