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Litigation

: How Appealing

"Panel orders judge to explain Qwest ruling; 'Illumination' into $400 million settlement sought"

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"Panel orders judge to explain Qwest ruling; 'Illumination' into $400 million settlement sought": The Rocky Mountain News today contains an article that begins, "An appellate panel on Wednesday ordered a U.S. district judge to provide a 'more extensive explanation' for his decision to approve a $400 million shareholder class-action settlement involving Qwest Communications. The panel is specifically ordering federal Judge Robert Blackburn to explain why he decided it was fair to exclude former Qwest CEO Joe Nacchio and former CFO Robert Woodruff from the settlement."

My earlier coverage of yesterday's Tenth Circuit ruling appears at this link.

Full post as published by How Appealing on January 17, 2008 (boomark / email).

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