Qwest settles with SEC, but troubles may not be over
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US prosecutors said Thursday Qwest Communications isn&#39;t off the hook, even though the company agreed to a $250 million civil fine for its addiction to fraudulent accounting.
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The regional telecommunications company Qwest agreed Thursday to pay $250 million to settle allegations that it improperly booked millions in revenue and that senior managers sought to cover it up.
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The Securities and Exchange Commission reached a settlement with the Walt Disney Company over the company's failure to disclose relationships with board members.
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SEC seems determined to move toward an international standard.
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DENVER -- The Wall Street Journal is reporting that Qwest Communications&#39; former chief executive could soon face civil charges for his alleged role in an accounting scandal at the company.
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The long-promised battle between U.S. cable and telephone companies has so far been more of an uneasy peace. Thanks to their duopoly over broadband Internet access, it may stay that way.
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AT&amp;T, AT&amp;T Wireless, and Cingular Wireless resolved issues relating to the use of the AT&amp;T brand in connection with Cingular&#39;s acquisition of AT&amp;T Wireless.
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Time Warner pays to settle securities fraud charges. Also: The FCC says yes to wireless internet for airline passengers & hellip;.  Google wins trademark lawsuit against Geico & hellip;. and more.
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DENVER - Qwest communications agreed to settle a federal fraud investigation Friday, according to a union official. A company spokesman declined to comment.
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The revived phone company Qwest has built up so much cash that it can think, cautiously, of buying another industry player.
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Source says local phone company won&#39;t deny or admit to charges of financial and disclosure fraud. WASHINGTON  - Qwest Communications International Inc.
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After last week&#39;s settlement with San Francisco investment adviser Garrett Van Wagoner, you have to wonder how serious the Securities and Exchange Commission is about protecting mutual fund shareholders.
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September 13, 2004 - Qwest Communications International and federal regulators have reportedly agreed to a $250 million settlement of a two-year investigation into the alleged financial misdeeds of former Qwest executives.
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Without a clear path for acquiring another company, Qwest Communications has to gauge whether it can grow on its own or whether it must fix itself up to be sold.
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Qwest Communications International Inc., the regional telecommunications company, agreed Thursday to pay $250 million to settle allegations that it engaged in &quot;massive financial fraud&quot; by improperly booking $3.
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Qwest Communications International Inc. (QN: Quote, Profile, Research) , the No. 4 US local telephone company, on Thursday reported a third-quarter loss as it settled
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Qwest Communications International Inc. reported a third quarter loss on Thursday, partly due to lower revenues and to a charge related to litigation reserves.