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CHICAGO — Tellabs Inc. must face a securities-fraud lawsuit claiming the company and a former chief executive made misleading statements about its financial prospects.
The case previously reached the U.S. Supreme Court, which ordered a lower court to reconsider whether the plaintiff investors had shown that former CEO Dick Notebaert knew the statements were misleading when he allegedly made them.
Notebaert was Qwest CEO from June 2002 to August 2007.
