Qwest Seeks New Ruling On Attorney-Client Privilege

Law360, New York (April 26, 2006, 12:00 AM EDT) -- Should corporate secrets be shared with investors? Qwest Communications doesn’t think so. The company has asked a judge to allow it to withhold information from shareholders that has already been disclosed to government officials.

Qwest has asked the Tenth U.S. Circuit Court of Appeals to rule that 220,000 pages of documents turned over to the U.S. Securities and Exchange Commission are covered by attorney-client privilege and therefore do not have to be given to shareholders.

Qwest turned over the documents to government investigators as part of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.