The prosecutors who saw to former Qwest CEO Joe Nacchio's conviction on insider trading charges filed an 83-page brief on Friday stating why that conviction should withstand a pending appeal. Unlike the defense's argument for an appeal, in which Nacchio's allegation that the federal government punished Qwest for not participating in its wiretapping program by withholding lucrative contracts, the prosecutors' filing offered no surprises. It basically re-stated the argument from the earlier trial, but there's no reason to mess with a winning formula, right? The appeal is schedule to be heard Dec. 18.
- The Denver Post reports on the case
- Nacchio's claim against the feds was challenged by prosecutors last month