Class action case against former Qwest executives delayed

[JURIST] US Magistrate Judge Craig Shaffer delayed the civil class action fraud case against former Qwest Communications [corporate website] chief executive Joe Nacchio and other former phone company executives until September 30 to eliminate possible interference with a parallel federal criminal investigation. US Attorney William Leone requested the delay [JURIST report], and argued that permitting civil discovery in the class action case "may result in the premature disclosure of sensitive information" that is important to the SEC fraud lawsuit [PDF complaint] against Nacchio. The Denver Business Journal has more.



 

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