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24 Jul 2007, 9:15 am
Victims would not include anyone who relied on the false information or Joe Nacchio's actions but only those persons "who bought Qwest shares on the days when Defendant was selling the shares".It is clear from the order that Judge Nottingham does not intend to have a "mob scene" at the courthouse and will run a tight sentencing hearing. [read post]
24 Jul 2007, 6:31 am
The papers today have reports on notable developments in two high-profile white-collar sentencings in the works: In the sentencing of Qwest CEO Joe Nacchio, this article discusses the plans for victims to testify at the sentencing hearing and this article also discusses Nacchio's "59-page request for bail pending appeal. [read post]
Analysis: The Role of Investors in Black's DownfallSubmitted by: Ted Allen, Director of Publications
23 Jul 2007, 9:53 am
Dennis Kozlowski of Tyco International, and Joseph Nacchio of Qwest Communications International. [read post]
21 Jul 2007, 2:37 pm
I spent a long time on the phone yesterday with reporter Sara Burnett of the Rocky Mountain News discussing the upcoming July 26th sentencing of former Qwest CEO Joseph Nacchio from a legal perspective. [read post]
20 Jul 2007, 3:15 pm
That's the plan, apparently. [read post]
11 Jul 2007, 5:29 am
The sentencing of former Qwest CEO Joseph Nacchio is currently set for July 27, and prosecutors and defense counsel filed sentencing documents with the district court on July 6 (available below). [read post]
10 Jul 2007, 3:34 pm
Former Qwest CEO Joseph Nacchio should serve more than seven years for insider trading, prosecutors recommend. [read post]
10 Jul 2007, 8:28 am
Broadcast News Room: "Comcast, Qwest Settle Broadband-Ad Dispute": Comcast sued Qwest over ads in which Qwest claimed that 72% of Internet Users thought that Qwest's broadband service is faster than or as fast as Comcast's (editor's note: Internet users' perceptions of speed apparently being more important than reality). [read post]
8 Jul 2007, 7:16 am
Joe Nacchio, the former chief executive at Qwest who was convicted in April on multiple counts of insider trading, is set to be sentenced on July 27. [read post]
7 Jul 2007, 7:10 am
" As for Nacchio's record of charitable works, the government described them as " not 'extraordinary,' but rather are 'entirely consistent' with Qwest’s business development goals. [read post]
7 Jul 2007, 5:35 am
As detailed in this AP article, prosecutors "recommended Friday that former Qwest chief executive Joe Nacchio serve a maximum of seven years and three months in prison for completing $52 million in illegal stock sales when his telecommunications company was at financial risk. [read post]
3 Jul 2007, 10:59 am
Judge Dubuisson said deputy prosecutors were guilty of "gross negligence" in their failure to turn over police reports to defendants and their attorneys in a timely fashion...In October, then-prosecutor William Halstead was arrested at Qwest Field after he allegedly was found in a women's restroom during a Seahawks game... [read post]
30 Jun 2007, 7:10 am
Nacchio was found guilty, he sold 1,330,000 shares of Qwest stock. [read post]
27 Jun 2007, 6:10 am
Qwest itself could be considered a victim, prosecutors added. [read post]
19 Jun 2007, 7:29 pm
Telephone service in this country is essentially controlled by AT&T (in the West) and Verizon (in the East), with Qwest filling in gaps. [read post]
19 Jun 2007, 7:31 am
Case Name: Qwest Corp. v. [read post]
8 Jun 2007, 2:14 am
Former Qwest CEO Joseph Nacchio filed a motion for a new trial and a request that the venue be changed on the nineteen counts of insider trading on which he was convicted in April 2007. [read post]
7 Jun 2007, 11:44 am
_qacct="p-0cCvBqqAGrTT6";quantserve(); We have a post on the settlement between Robin Szeliga, the former CFO of Qwest, and the SEC. [read post]
6 Jun 2007, 9:30 am
A possible witness in the matter was a lawyer at Qwest who apparently had some involvement in the paper work. [read post]
4 Jun 2007, 5:09 am
It is: "Hopefully this means a better life," says the energy company employee who won a $40 million judgment (almost half of it punitives) against Qwest Communications after the telephone pole he was working on collapsed and injured him. [read post]
