Convicted US banker wins appeal - Democratic Underground

acmejack

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Mon Mar-20-06 06:52 PM
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Convicted US banker wins appeal

A star banker from the dotcom era whose career ended in a jail sentence has won his appeal against conviction.

Frank Quattrone, 50, had been given an 18-month jail term for obstruction of justice, over claims he tried to hinder a probe into financial misdealings.

But a US appeals court has thrown out the conviction and ordered a new trial after accepting that the jury received wrong instructions from the judge.

Mr Quattrone had been allowed to stay on bail while his appeal was heard.

http://news.bbc.co.uk/2/hi/business/4827306.stm

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