« Is There a Special Prosecutor in Gonzales' Future? | Main | You Can't Tell the Congressmen Under Investigation Without a Scorecard »
July 27, 2007
Nacchio Sentenced to Six Years in Prison
U.S. District Judge Edward Nottingham sentenced former Qwest CEO Joseph Nacchio to a six-year prison term, at the lower end of the Federal Sentencing Guidelines range. In addition, he imposed a $19 million fine, the maximum permitted based on the 19 counts of conviction, and ordered a forfeiture of $52 million based on his total gain. The Denver Post blog on the Nacchio trial (here) has the details. (ph)
July 27, 2007 in Insider Trading, Sentencing | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e3981cfc8d8833
Listed below are links to weblogs that reference Nacchio Sentenced to Six Years in Prison:
