US - CalSTRS has reached a settlement of $46.5m with Qwest Communications, a telecommunications company that lost shareholders over US$1.6bn by artificially inflating its stock price in 2001.
The $157.8bn California State Teachers' Retirement System (CalSTRS) was represented by law firm Cotchett, Pitre, Simon & McCarthy, which acted as lead counsel together with Girard Gibbs as prosecut...
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