THE attorney-client privilege, which belongs to the client, not to the lawyer, enables individual and corporate clients to communicate with their lawyer in confidence. (1) It is the "bedrock of the client's rights to effective counsel and confidentiality in seeking legal advice." (2) Attorney-client privilege "plays...
DENVER -- Federal regulators have begun distributing $267 million to investors who lost money when Qwest Communications International Inc.'s stock collapsed in 2002 amid allegations of accounting fraud. About 200,000 investors who purchased Qwest securities between July 27, 1999, and July 28, 2002, would receive payments, according to...
DENVER -- A civil fraud lawsuit against five former Qwest Communications executives, including one-time chief executive Joe Nacchio, likely won't go to trial until 2009, based on a witness interview schedule released Friday. U.S. Magistrate Judge Craig B. Shaffer set a series of deadlines for completing witness depositions...
DENVER -- Former Qwest chief Joe Nacchio, facing prison time on an insider-trading conviction, has denied allegations he participated in a massive fraud that triggered a multibillion- dollar accounting scandal at the telecommunications company. Nacchio's attorneys submitted his formal answer to the federal civil complaint filed more than...
DENVER -- Former Qwest Communications chief Joe Nacchio sought Thursday to delay some proceedings in a civil fraud case against him while he pursues an appeal of his insider-trading conviction. Nacchio, who resigned as Qwest's chief executive officer in June 2002, asked a federal judge for more time...
DENVER -- A judge refused Thursday to delay a civil fraud lawsuit against Joe Nacchio for what could be months as the former Qwest CEO pursues post-trial motions stemming from his insider-trading conviction. U.S. Magistrate Judge Craig Shaffer told Nacchio's attorneys it was in the best interests of...
DENVER -- A magistrate on Friday lifted most of the interview and evidence restrictions in a civil fraud case against former Qwest chief executive Joe Nacchio and others now that Nacchio's criminal trial on insider trading charges is winding down. In the civil case, federal regulators have accused...
DENVER -- Preliminary negotiations have started between federal regulators and former Qwest executives in an effort to settle a civil fraud lawsuit stemming from the Denver phone company's multibillion-dollar accounting scandal. The negotiations, required under federal court rules in Colorado, involve all the defendants, SEC attorney Polly Atkinson...
DENVER -- A former Qwest Communications finance chief has reached a tentative settlement in a civil fraud lawsuit stemming from an accounting scandal that forced the telephone company to restate billions of dollars in revenue. Details of Robin Szeliga's proposed settlement in principle, reached with Securities and Exchange...
DENVER -- A former Qwest finance chief who admitted to insider trading as part of the company's multibillion-dollar accounting scandal faces a trial on civil fraud charges because a tentative settlement with regulators has collapsed. Robin Szeliga's attorney did not elaborate when he advised a federal judge Thursday...
DENVER -- Qwest Communications International Inc., the primary local telephone provider in 14 mostly Western states, reported a smaller loss for the third quarter on Tuesday and announced a tentative $400 million settlement of shareholder lawsuits stemming from an accounting scandal that forced it to restate billions of dollars of...
DENVER -- A federal judge on Wednesday approved a $2.1 million civil settlement for a former Qwest Communications executive accused of participating in a conspiracy that forced the phone company to restate billions of dollars in revenue. Gregory M. Casey, who did not admit wrongdoing under the settlement,...
The U.S. Justice Department sought to delay a civil accounting fraud suit against ex-Qwest Communications International Inc. Chief Executive Joseph Nacchio, removing a possible impediment to a criminal case. Acting Denver U.S. Attorney William Leone asked for a stay of at least 150 days in the discovery phase...
Federal prosecutors in Colorado have filed court papers that indicate they could be close to bringing criminal charges against Joe Nacchio, the hard-charging former CEO of Qwest. In a motion filed Wednesday in federal court in Denver, acting U.S. Attorney William Leone asked a judge to stay a civil...
DENVER -- Federal regulators said Tuesday a former executive of Qwest Communications International Inc. has agreed to pay $2.1 million to settle civil charges that he participated in a fraud conspiracy that forced the telecommunications company to restate billions in revenue. Gregory M. Casey also agreed to cooperate...
DENVER -- A former Qwest Communications finance chief pleaded guilty to a single count of insider trading Thursday, the highest- ranking one-time executive to admit wrongdoing in the telephone company's multibillion-dollar accounting scandal. Flanked by two attorneys, Robin Szeliga spoke in a soft monotone, her voice breaking just...
DENVER -- A former Qwest Communications International Inc. chief financial officer pleaded guilty Thursday to a single count of insider trading, becoming the highest-ranking officer to admit to wrongdoing in a scandal that forced the telephone company to erase billions of dollars in revenue. Robin Szeliga, 44, faces...
DENVER -- A former chief financial officer became the highest- ranking executive from Qwest Communications to face a criminal charge when prosecutors accused her Thursday of improperly pocketing $410,000 from a 2001 stock sale. Robin Szeliga, who was charged with one count of insider trading, has reached a...
DENVER -- Former Qwest Communications CEO Joe Nacchio asked a federal judge Wednesday to dismiss fraud charges against him, arguing that the allegations amount to "enforcement by hindsight." In a brief filed in U.S. District Court, Nacchio's attorneys said the Securities and Exchange Commission case alleged the one-time...
DENVER -- A former top sales executive at Qwest Communications International Inc. has reached a tentative settlement with federal regulators who accused him of participating in financial fraud. Details of the proposed settlement between Gregory Casey and Securities and Exchange Commission staff were not disclosed in documents filed...
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