We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Nacchio Attacks Claims In Appaloosa Suit

Law360 (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.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.