Nacchio Makes Last-Ditch Plea To Skirt Prison

Law360, New York (April 8, 2009, 12:00 AM EDT) -- After a district court shot down his request to remain free as he appeals his insider trading conviction, former Qwest Communications International Inc. chief Joseph Nacchio made an emergency plea to an appellate court to stay out of prison.

In a decision Tuesday, Judge Marcia S. Kreiger of the U.S. District Court for the District of Colorado accepted Nacchio's bid for reconsideration to stay free on bail, but again rejected his request.

Nacchio's attorneys promptly turned to the U.S. Court of Appeals for the Tenth Circuit,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.