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UNITED STATES - JULY 27: Joseph Nacchio, former chief executive officer of Qwest Communications International Inc., arrives at the Alfred A. Arraj United States Federal Courthouse for sentencing in Denver, Colorado, Friday July 27, 2007. Nacchio was convicted on 19 counts of insider trading for selling $52 million in Qwest shares from April 26 to May 29, 2001. (Photo by Matthew Staver/Bloomberg via Getty Images)

UNITED STATES - JULY 27:  Joseph Nacchio, former chief executive officer of Qwest Communications International Inc., arrives at the Alfred A. Arraj United States Federal Courthouse for sentencing in Denver, Colorado, Friday July 27, 2007. Nacchio was convicted on 19 counts of insider trading for selling $52 million in Qwest shares from April 26 to May 29, 2001.  (Photo by Matthew Staver/Bloomberg via Getty Images)