10th Circ. Spurns Plea To Revisit Qwest Settlement

Law360, New York (April 3, 2008, 12:00 AM EDT) -- An appeals court refused Wednesday to reconsider its earlier decision overturning a $400 million class action settlement between Qwest Communications International Inc. and its shareholders because objections by two of the telecommunications company's former executives have not been properly addressed.

The U.S. Court of Appeals for the Tenth Circuit issued a 2-1 ruling in January remanding the case to a lower court for clarification of its ruling on objections to the settlement filed by former Qwest executives Joseph P. Nacchio and Robert S. Woodruff. Qwest then...
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