The Securities & Exchange Commission must review a suit against f...
The Securities & Exchange Commission must review a suit against former Qwest officials including then-CEO Joseph Nacchio to address national security concerns, a federal court ordered Monday. In November, the federal government invoked the state secrets privilege, intervening to…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
stop disclosure of material in the Qwest case that it said would “cause serious, and in some instances, exceptionally grave harm to national security.” The U.S. opposed disclosure of “any information in this case relating to classified contracts, potential contracts, and all contacts and communications involving the U.S. Intelligence Community” and Qwest. At a hearing Monday, SEC lawyer Polly Atkinson argued that most charges against Nacchio involve historical data, not potential government contracts, the Associated Press reported Tuesday. She agreed to a 30-day review at U.S. Magistrate Craig Shaffer’s request, it said.