April 19, 2007 9:28 AM
Day 21: Joe Nacchio found guilty on 19 counts.
4:40 p.m. Joe Nacchio found guilty on 19 of 42 insider trading counts covering $52 million of stock sales.
Judge Edward Nottingham read each count, and the jury found Nacchio not guilty on the early counts. After nearly a dozen not guilty verdicts, Nacchio smiled and turned to his family. His son Michael soon started weeping in relief, and Nacchio's wife Anne put her arm around Michael.
But then the guilty counts were read, and the family's mood quickly changed.
4:15 p.m.: Court officials say jurors have reached a verdict in the Joe Nacchio case.
The verdict will be read in court shortly.
Nacchio seemed relaxed as he entered the courtroom, asking the court security officer his name.
"Paul," the security officer answered.
"That's my middle name," Nacchio said, smiling.
9:20 a.m.: Jurors have resumed deliberations for the sixth day.
An older male juror brought chocolate-chip cookies, leading the press to speculate whether the jury is celebrating a birthday, is close to a verdict, or none of the above.
Judge Edward Nottingham joked Wednesday that he felt like he was in the middle of the movie "Groundhog Day," in which a weatherman relives the same day again, and again, and again.
Defense attorneys Edward Nathan, Mark Rufolo and Jeffrey Speiser were spotted attending the Colorado Rockies-Los Angeles Dodgers baseball game Wednesday night.
For the record, Speiser is a Mets fan, and Nathan is a Yankees fan. Rufolo spent most of the game on his cell phone, but earlier in the trial had indicated he also is a Mets fan.
Speiser, Nathan and Rocky reporter David Milstead discussed whether the Brooklyn Dodgers or New York Giants had more of a right to move to California in the 1950s.