Securities Fraud Lawyer - U.S. West Derivative Litigation

This was a class and derivative action arising from $10 million in fines assessed against U.S. West, one of the "Baby Bells" that was created in the court-approved break of American Telephone and Telegraph (AT&T). Shapiro Haber & Urmy LLP was co-lead counsel for the derivative plaintiffs and the class. In his decision approving the settlement of this action, Judge Lewis T. Babcock commended the efforts and results of Shapiro Haber & Urmy LLP and co-counsel, noting that "Counsel who have been involved in this case come with a wealth of experience and skill in prosecuting class actions, derivative actions in the field and have expanded this skill and experience to address the rather novel issues that have been presented here." (CCH Federal Securities Law Reporter [1992-1993 Transfer Binder], at page 95,237).