Qwest settles SEC fraud inquiry
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Qwest Communications agrees to make a  $250m payment to settle charges stemming from an inquiry into an alleged securities fraud.
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Qwest Communications International Inc. managers orchestrated a massive fraud, marked by a dependence on bogus transactions that became like a ``heroin&#39;&#39; addiction, the US Securities and Exchange Commission said.
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Denver-based Qwest Communications International Inc. (NYSE: Q) has agreed to a pay $250 million fine to settle a wide-ranging fraud investigation by the US Securities and Exchange Commission (SEC), the Associated Press reported Thursday.
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Media giant Time Warner will pay approximately $510 million to settle various fraud charges regarding its America Online (AOL) unit with two US regulatory agencies, the company revealed this morning.
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Qwest Communications International Inc. posted a third-quarter loss of $569 million after setting aside more money to settle lawsuits stemming from a three-year, $3.
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The Securities and Exchange Commission settled fraud charges Thursday against Van Wagoner Capital Management Inc., whose high-profile executives allegedly lied about the values of their mutual funds and broke laws meant to protect investors.
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Verizon Wireless has agreed to settle a probe into the marketing of its Internet usage plans and reimburse $1 million to customers for wrongful account termination, the New York attorney general said on Tuesday.
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Former directors of WorldCom Inc.  have agreed to settle investors' claims that they failed to  properly control the telephone company's finances, the lead  plaintiff in the class action case said on Wednesday.
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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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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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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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DENVER - Qwest Communications International Inc. lost $569 million in the third quarter, in part because of a $250 million charge that included higher reserves for potential liability from investigations and securities actions, the company said Thursday.
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By Bloomberg, AP and Staff Reports  Qwest Communications International Inc. said Tuesday that it has completed a $107 million cash acquisition of OnFiber Communications Inc., which specializes in building custom fiber optical networks.
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Qwest Communications International Inc. (QN: Quote, Profile, Research) has agreed to pay $250 million to settle financial and disclosure fraud charges, a source familiar with the matter said on Friday.
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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.
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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 today with the Walt Disney Company over the company&#39;s failure to disclose its relationships with various board members as well as with an airline controlled by a director.