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Speculating on the next Nacchio prosecution twist and turn

By Douglas A. Berman

As noted in this recent post, a unanimous Tenth Circuit panel late last week reversed the sentence imposed on former Qwest CEO Joe Nacchio following his conviction for insider trading.  Though a lot more could (and surely will) be said about that opinion, here I want to speculate on what comes next for a case that has already gone through a number of notable twists and turns.  Helpfully, these two recent Denver Post articles provide a basic primer on some of the coming possibilities: Nacchio's jail time could be cut Re-sentence for Nacchio not unusual The first article notes that further appellate review of the panel decision is possible: "The government has 14 days to ask the panel to reconsider or request a rehearing from the entire 10th Circuit, or both...continue to full post

Full post as published by Sentencing Law and Policy on August 04, 2009 (boomark / email).