|  | | 2009 News and Press Releases | | |
HEADLINE NEWS:
Ex-Qwest CEO Seeks Fresh Start On Sentence
Staff Writer
The Associated Press. November 3, 2009
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EXCERPT: Former Qwest CEO Joseph Nacchio says a federal judge should start from scratch in reconsidering his sentence for insider trading. Nacchio was sentenced in 2007 to six years in prison and to pay $71 million. He lost an appeal of his conviction, but a federal appeals court ruled his sentence was too harsh because the trial judge overstated his gains. If the judge starts fresh, Nacchio could introduce new evidence for her to consider. |
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