With All Parties On Board, Qwest Wants Stay Lifted

Law360, New York (August 9, 2007, 12:00 AM EDT) -- After two defendants dropped their opposition, Qwest Communications International Inc. has asked a federal court to follow a magistrate judge's recommendation to lift a discovery stay in the multidistrict securities litigation brought by a group of pension funds in the wake of the $3 billion accounting scandal at the company.

Qwest said in court documents filed on Wednesday that following the entry of U.S. Magistrate Judge Michael E. Hegarty's report to U.S. District Judge Robert E. Blackburn on Tuesday, the parties made certain modifications to the...
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