United States Tenth Circuit

In an appeal brought by the former CEO and CFO of Qwest, approval of a class action settlement in a securities fraud case, which did not include the CEO and CFO, is remanded for the district court to make appropriate findings and conclusions with respect to their objections to the settlement.

Appellate Information

• Decided 01/16/2008
• Published 01/17/2008

Judges

• PAUL KELLY, JR., Circuit Judge., Before KELLY, BALDOCK, and BRISCOE, Circuit Judges.

Court

• United States Tenth Circuit

Counsel

• For Appellees:
  
• Herbert J. Stern of Stern & Kilcullen, LLC, Roseland, NJ, and David Meister of Clifford Chance, US, LLP, New York, N.Y. (James Miller and David Cook of Clifford Chance, US, LLP, New York, NY;  and Jeffrey Speiser and Joel M. Silverstein of Stern & Kilcullen, LLC, Roseland, NJ, with them on the briefs), for Defendants-Appellants., David R. Boyd of Boies, Schiller & Flexner LLP, Washington, D.C. (Jonathan D. Schiller, Alfred P. Levitt, and Jorge Schmidt P. of Boies, Schiller & Flexner LLP, Washington, D.C.;  Terence C. Gill of Sherman & Howard, LLC, Denver, CO, with him on the brief), for Defendant-Appellee Qwest Communications International Inc., Michael J. Dowd of Lerach Coughlin Stoia Geller Rudman & Robbins LLP, San Diego, CA (Keith F. Park, Spencer A. Burkholz, and Thomas E. Egler of Lerach Coughlin Stoia Geller Rudman & Robbins LLP, San Diego, CA;  Sanford Svetcov and Susan K. Alexander of Lerach Coughlin Stoia Geller Rudman & Robbins LLP, San Francisco, CA, with him on the brief), for Plaintiffs-Appellees.