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Lieff Cabraser is one of the nation's leading personal injury law firms representing clients nationwide in personal injury lawsuits involving dangerous drugs, medical devices, and other products.

 
News Article Excerpt
  
April 19, 2006
The Business Review (Albany), "Hevesi files $250M suit against Qwest, Arthur Andersen"
          State Comptroller Alan Hevesi has filed a securities fraud lawsuit against Qwest Communications International Inc. and its auditor, Arthur Andersen, for $250 million to recoup losses suffered by the state Common Retirement Fund. Hevesi said they lost the money as a result of phoney accounting practices that inflated Qwest's stock price.
          Hevesi had opted out of a securities fraud class action lawsuit against Qwest, based in Denver, and the other defendants that were the target of a securities fraud class action brought in 2001 in Colorado Federal District Court.
          To date, he said that case has recovered a partial settlement of $400 million to reimburse investors who lost billions of dollars. Based on this settlement, New York would have only received $1.5 million of the $250 million in estimated losses.
          Hevesi is represented in this action by the law firm of Lieff, Cabraser, Heimann & Bernstein LLP.
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About Lieff Cabraser
Lieff Cabraser Heimann & Bernstein, LLP is a fifty-plus attorney law firm that has represented plaintiffs nationwide since 1972. We have offices in San Francisco, New York and Nashville. We represent plaintiffs in class and group actions and in individual lawsuits in cases involving substantial losses. For the last six years, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs' law firms in the nation.
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Notice: Lieff Cabraser attorneys provide legal advice and practice law for clients in federal district courts throughout the United States and in state courts where we are licensed to practice. In states in which our lawyers are not licensed to practice, we have affiliations with local attorneys who serve as co-counsel with our firm. Please read our disclaimer.
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