A federal appeals court today reversed former Qwest chief executive Joe Nacchio's six-year prison sentence.
The 10th Circuit Court of Appeals remanded the case to the district court for resentencing. The order means Nacchio's sentence could be cut to less than 3Β½ years. He was convicted in 2007 on 19 counts of illegal insider trading.
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Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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