Law360, New York (July 31, 2009) -- A federal appeals court panel ruled Friday that a lower court erred when it sentenced former Qwest Communications International Inc. CEO Joseph Nacchio to six years in prison and ordered him to forfeit $52 million.
Nacchio is entitled to a re-sentencing, at which time the district court should arrive at a prison term and forfeiture figure that more closely approximate his gain resulting from insider...
