Qwest Confirms $250 Million Settlement with SEC
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Qwest neither admitted nor denied guilt, but in accordance with the judgment promised not to violate federal securities laws in the future.
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The former chief financial officer of Qwest Communications International Inc.  was ordered to pay a total of $577,052 to settle charges that she helped defraud investors of billions of dollars, the U.S. Securities and Exchange Commission said on Friday.
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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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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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By Daily Record Staff  NexTone Communications, of Gaithersburg, a provider of advanced telecommunications network systems, said it received a $25 million investment from Columbia Partners Private Capital, of Washington, D.C.
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AT&amp;T Corp., the largest US long- distance telephone company, agreed to pay $100 million to settle a class-action lawsuit that sought damages of $2.
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RS Investments, a $6.7 billion money manager based in San Francisco, said Wednesday it had settled US and state allegations of improper trading by agreeing to pay $30 million in fines and reduced management fees.
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Bee Staff Writer. In the latest crackdown on conflicts of interest on Wall Street, federal and state regulators said Thursday that they&#39;ve obtained a $100 million settlement from two investment
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Qwest Communications International Inc.  on Wednesday said it will buy back up to $2 billion worth of its stock, but disappointment over a lack of a dividend announcement weighed on the phone company's stock after the bell.
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Intel will pay $250 million to settle a patent-infringment lawsuit over chip design.
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Bank of America Corp.  agreed  to pay $26 million to settle regulatory charges that it issued  false equity research, and let its own traders misuse analyst  reports to generate improper profits.
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Former Qwest Communications International Inc. executive Thomas Hall agreed Friday to plead guilty to end a federal fraud case against him, but neither his lawyer nor prosecutors would disclose what charge he will face.
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In a settlement with the Labor Department, Cingular Wireless LLC will pay $5.1 million in back wages to almost 26,000 customer service workers for alleged overtime pay violations.
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The Federal Trade Commission said Friday that it will make Sprint Corp. pay $1.125 million to settle charges that the telecommunications giant skirted federal credit laws.
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MCI Inc. board members accepted an offer Sunday night from Verizon Communications Inc. valued at $6.6 billion to $6.8 billion after rejecting a sweetened bid from Qwest Communications, sources close to the negotiations said.
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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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WASHINGTON, DC--Qwest Communications, the No. 4 US local telephone company, reported a third-quarter loss on Thursday due to a decline in revenue and having settled charges with US regulators.