Judge Ends 'Distorted' Broadcom Backdating Case

Law360, New York (December 15, 2009, 5:13 PM EST) -- 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, register now.