Hearing on Nacchio resentencing Thursday
February 18, 2010
Lawyers for Joseph
Nacchio and federal prosecutors are at a hearing Thursday in
federal court in
Nacchio’s 2007 criminal conviction on
insider-trading charges sent him to prison for six years. He has
been in federal prison in
Separately, Nacchio has repeatedly sought a new trial on the original charges on various grounds, a request that the federal courts have repeatedly rejected -- most recently when Krieger ruled against him last month.
Krieger also is overseeing the civil lawsuit filed against Nacchio and four other former Qwest Communications International Inc. executives that seeks to recover about $300 million in pay and stock earnings they received.