Supreme Court Turns Down Nacchio's Rehearing Bid

Law360, New York (November 30, 2009, 3:35 PM EST) -- The U.S. Supreme Court has again declined to take up the insider trading case of imprisoned former Qwest Communications International Inc. CEO Joseph Nacchio, rejecting his request for reconsideration after denying his petition for writ of certiorari in October.

The court on Monday denied without comment Nacchio's petition for a rehearing of its earlier ruling. The court's denial of his cert petition let stand the disgraced executive's conviction as affirmed by the U.S. Court of Appeals for the Tenth Circuit earlier this year.

In his cert...
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