Judge Ends 'Distorted' Broadcom Backdating Case

By Nick Brown

Law360, New York (December 15, 2009, 5:13 PM ET) -- Chiding the U.S. government for intimidating witnesses and creating a “mockery” of the criminal process, a federal judge has thrown out criminal charges against former executives at semiconductor company Broadcom Corp., bringing closure to a highly public and scandalous case accusing the men of backdating stock options.

Broadcom co-founder and former CEO Henry Nicholas and ex-Chief Financial Officer William Ruehle are free men after District Judge Cormac J. Carney of the U.S. District Court for the Central District of California said witness intimidation and other wrongful...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles