McNabb in the News 1-08-06
Senior Principal Douglas McNabb is quoted in the Denver Post in an article about Joe Nacchio who has been indicted on insider trading charges.
Mr. Nacchio’s defense so far is that the Qwest board of directors ordered him to “unload millions’ worth of company shares,”[1] which could be a vital defense:
"He would argue that what he was doing was with full knowledge and authorization of the board," said Douglas McNabb, senior principal of McNabb Associates, a Washington, D.C.-based criminal defense law firm not involved in the Nacchio case. "That's huge."[2]
[1] Andy Vuong, Nacchio Could Point to Board’s Actions, Denver Post, Jan. 8, 2006.
[2] Id.


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