Daily Archives: June 5, 2008

Chris Nuttall

Henry NicholasA big news week for Broadcom, with several wireless chip announcements at the Computex trade show, has been somewhat overshadowed by extraordinary allegations made against its former chief executive.

Henry Nicholas, a co-founder of the chip company and chief executive from 1998 to 2003, was indicted on Thursday on charges of engaging in drugs violations, including spiking an industry executive’s drink with ecstasy. He was also indicted on charges of participating in a stock options backdating scheme, which forced a $2.2bn writedown at Broadcom. Read more