Salacious charges in a federal case against Henry T. Nicholas III, co-founder and former CEO of chip giant Broadcom, have been dropped, bringing the scandal-packed case to a close.
On Thursday, a judge threw out the remaining charges against Nicholas, granting a request by the prosecutor to dismiss drug-trafficking counts, according to a report in the Los Angeles Times. This comes after the judge dismissed criminal charges connected to stock-option backdating against Nicholas and co-founder Henry Samueli.
Nicholas was indicted in 2008 on charges that he had provided cocaine and Ecstasy to friends and business associates. One of the more … Read more