CORRECTED: Broadcom Execs Reach $79M Derivative Settlement
According to a memorandum filed in the U.S. District Court for the Central District of California, former Broadcom President, Chairman and CEO Dr. Henry T. Nicholas III agreed to pay Broadcom about $26.6 million.
Broadcom will cancel about $24.3 million worth of stock options to current Chief Technical Officer Dr. Henry Samueli, who also agreed to contribute $2.3...
Already a subscriber? Click here to login