Judges Could Overturn Nacchio Conviction

Joe Nacchio might get his lucky break on Thursday. The former CEO of Qwest Communications International Inc.(Q), found guilty last year of insider trading, gets a second review of his conviction this week.

He’s been free on appeal.

A federal appeals court last March found that the trial judge wrongly excluded key evidence that would have helped Nacchio’s defense. Nine judges are scheduled this week to hear arguments that, as the Wall Street Journal pointed out, could help determine whether Nacchio serves six years behind bars.

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