Qwest Communications International: No.11

The SCAS database indicates that the $400 million Qwest Communications International settlement, if approved, will be the 11th largest securities class action settlement on record (of cases filed January 1, 1996 to present).   Our Top 25, including tentative settlements (in red) such as Qwest, is listed below.  Notably, the price of admission to crack the Top 25 has now reached $150 million.

RANK Case Name Total Settlement Amount
1 Enron Corp. $ 7,144,500,000
2 WorldCom, Inc. $ 6,156,100,670
3 Cendant Corp. $ 3,186,500,000
4 AOL Time Warner, Inc. $ 2,650,000,000
5 McKesson HBOC, Inc. $ 960,000,000
6 Lucent Technologies, Inc. $ 517,150,000
7 BankAmerica Corp. $ 490,000,000
8 Dynegy, Inc. $ 474,050,000
9 Raytheon Company $ 460,000,000
10 Waste Management Inc. II $ 457,000,000
11 Qwest Communications International, Inc. $ 400,000,000
12 Global Crossing, Ltd. $ 345,000,000
13 Cendant Corp. (PRIDES) $ 341,500,000
14 Rite Aid Corp. $ 319,580,000
15 Bristol-Myers Squibb Co. $ 300,000,000
16 DaimlerChrysler AG $ 300,000,000
17 Oxford Health Plans, Inc. $ 300,000,000
18 3Com Corp. $ 259,000,000
19 Waste Management Inc. I $ 220,000,000
20 MicroStrategy, Inc. $ 192,500,000
21 Dole Food Company, Inc. $ 172,000,000
22 Digex Inc. $ 165,000,000
23 Dollar General Corp. $ 162,000,000
24 Bennett Funding Group, Inc. $ 152,635,000
25 Broadcom, Inc. $ 150,000,000

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