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Qwest ex-chief faces SEC scrutiny; charges against Nacchio are possible as company agrees to preliminary deal

Authors :
Solomon, Deborah
Berman, Dennis K.
Latour, Almar
Source :
The Wall Street Journal Eastern Edition. Sept 13, 2004, A3
Publication Year :
2004

Abstract

Joseph Nacchio, former CEO of Qwest Communications International Inc. may face civil charges in relation to alleged improper accounting procedures being investigated by the Securities and Exchange Commission. Qwest has already agreed to a preliminary settlement with the SEC for $250 million in settlement of securities fraud charges.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.121883629