July 31, 2012
by Garrett Eisenhour
On July 31, 2009, the US Court of Appeals for the Tenth Circuit ruled that Joseph Nacchio, former CEO of Qwest Communications, was incorrectly sentenced, due to flawed methodology, to a six year prison sentence. Nacchio was convicted of insider trading for approximately $28 million in net profits, ...[read more]
January 13, 2010
by David Manes
A federal judge on Tuesday denied the request by former Qwest Communications CEO Joseph Nacchio for a new trial on insider trading charges. Nacchio had requested a new trial on the basis that the company's CFO, a key witness in the trial, had changed her testimony, but Judge Marcia Krieger of t... ...[read more]
October 5, 2009
by Jaclyn Belczyk
The US Supreme Court on Monday declined to review the conviction of former Qwest Communications CEO Joseph Nacchio on charges of insider trading. The Court denied Nacchio's petition for certiorari without comment, ending his appeals process. Nacchio's conviction was overturned by a panel of... ...[read more]
August 1, 2009
by Matt Glenn
The US Court of Appeals for the Tenth Circuit ruled Friday that former Qwest Communications CEO Joseph Nacchio was incorrectly sentenced to six years in prison due to flawed methodology. In sentencing Nacchio, who was convicted of insider trading, the trial court ruled that Nacchio had made ...[read more]
July 31, 2009
by Ingrid Burke
USA v. Nacchio, US Court of Appeals for the 10th Circuit, July 31, 2009. Reported in JURIST's Paper Chase here. Latest commentary available here. JURIST has more on Joseph Nacchio... ...[read more]
April 14, 2009
by Andrew Morgan
Former Qwest Communications CEO Joseph Nacchio on Tuesday began serving a six-year sentence for insider trading after the US Court of Appeals for the Tenth Circuit denied Monday his request to postpone imprisonment. Nacchio had argued that his surrender date should be delayed pending an appeal to ...[read more]
August 11, 2008
by Mike Rosen-Molina
Qwest Communications will pay an additional $40 million to settle a class action shareholder lawsuit, according to an agreement released Monday in the company's second quarter earnings report. Of that number, $5 million comes from insurance revenue by former Qwest CEO Joseph Nacchio and former... ...[read more]
July 31, 2008
by Mike Rosen-Molina
The US Court of Appeals for the Tenth Circuit on Wednesday grantedprosecutors' petition for an en banc rehearing on whether the insider trading conviction of former Qwest Communications CEO Joseph Nacchio should be overturned. In March, a Tenth Circuit panel struck down Nacchio's conv... ...[read more]
March 17, 2008
by David Frueh
The US Court of Appeals for the Tenth Circuit on Monday ordered that former Qwest Communications CEO Joseph Nacchio should be retried before a new federal judge. Nacchio had appealed his April 2007 insider trading conviction for selling $52 million of Qwest stock in 2001. The court found that US ...[read more]
August 22, 2007
by Jeannie Shawl
The US Court of Appeals for the Tenth Circuit ruled Wednesday that former Qwest CEO Ralph Nacchio can remain free on bail pending his appeal of his insider trading conviction. Nacchio was convicted in April on 19 counts of insider training for illegally selling 1.33 million shares valued at $52 ...[read more]

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