Nacchio Attacks Claims In Appaloosa Suit

Law360, New York (October 8, 2007, 12:00 AM EDT) -- Former Qwest Communications Inc. chief executive Ralph Nacchio has made another bid to have a lawsuit pending against him tossed, arguing that the plaintiffs have not adequately established scienter.

In a motion filed on Friday in the U.S. District Court for the Southern District of New York, Nacchio's attorneys added further support to a previously filed motion to dismiss the first amended complaint in a case filed by hedge fund Apaloosa Investment Limited Partnership.

The motion argues that in their response to Nacchio's original motion to...
To view the full article, register now.