10th Circ. To Rehear Nacchio's Appeal En Banc

Law360, New York (July 31, 2008, 12:00 AM EDT) -- The U.S. Court of Appeals for the Tenth Circuit has granted federal prosecutors an en banc hearing in the appeal of former Qwest Communications International Inc. executive Joseph Nacchio, whose insider trading conviction the court overturned earlier this year.

The appeals court on Wednesday granted the U.S. Department of Justice's petition for the rehearing and scheduled oral arguments for Sept. 24 to reconsider whether the lower court erred in excluding defense evidence from the trial.

A jury convicted the former CEO in April 2007 on 19...
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