Content Tagged As nacchio

3 years 1 month ago

Former Qwest CEO sues his attorneys

NEWARK, N.J. (AP) - Former Qwest Communications CEO Joseph Nacchio is suing the lawyers who represented him in his insider trading case, claiming they were negligent and "grossly overbilled" him. Bruce Nagel, the 61-yeqar-old's new attorney, filed the malpractice lawsuit in U.S. District Court in Newark Wednesday. It claims...

3 years 9 months ago

Ex-Qwest CEO Nacchio to appeal new sentence

Former Qwest Communications International Inc. CEO Joseph Nacchio plans to appeal his new sentence for insider trading. Lawyers didn't outline their arguments in a notice of appeal filed Wednesday in federal court in Denver. But during a re-sentencing hearing in June, Nacchio's attorney objected to a fine larger than...

3 years 9 months ago

Former Qwest CEO sentence reduced

DENVER (AP) -A judge has cut former Qwest CEO Joseph Nacchio's insider trading sentence by two months and reduced his forfeiture amount by $7.4 million. U.S. District Judge Marcia Krieger imposed the sentence Thursday after a re-sentencing hearing that stretched over three days. Nacchio originally was sentenced in 2007...

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