Broadcom Co-Founder's Ex-Lawyer Pleads Guilty

Law360, New York (November 11, 2008, 12:00 AM EST) -- A lawyer who advised Henry T. Nicholas III, the co-founder and former chief executive of Broadcom Corp. who has been indicted in connection with an alleged stock options backdating scheme, has reportedly pled guilty to evading banking rules.

Craig Steven Gunther entered the pleas to two misdemeanor counts Friday in relation to charges that he failed to fill out the required forms when he withdrew hundreds of thousands of dollars in chunks of $10,000, the Associated Press reported Tuesday.

Federal prosecutors filed criminal charges against Gunther...
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