Shareholders filed a class action lawsuit against the local telephone company alleging securities fraud. The class included those who purchased Qwest securities between May 24, 1999, and July 28, 2002. Qwest has reached a tentative $400 million cash class action settlement. (Nov-01-05)
[REUTERS]
UPDATE:
Denver - Shareholders filed a class action lawsuit against the local telephone company alleging securities fraud. The class included those who purchased Qwest securities between May 24, 1999 and July 28, 2002. A federal judge has approved a $400 million class action settlement between Qwest Communications International Inc. and former shareholders. (Sep-29-06) [REUTERS: SETTLEMENT]
