Feeds

Henry Nicholas III pleads not guilty to options, drugs charges

Wanna hear the indictment again? Nah

Security for virtualized datacentres

Henry Nicholas III pleaded not guilty yesterday to a stack of charges ranging from stock options backdating to distributing illegal drugs.

Nicholas, 48, entered his pleas at the Federal Court in Santa Ana, California yesterday. He will return to face trial on July 29, and in the meantime is free on bail.

According to reports, Broadcom co-founder and former CEO Nicholas waived reading of the two sets of indictments he faces “with an emphatic, ‘No thank you’”.

Perhaps he simply didn’t have time to listen to the rundown of the astonishing list of charges he faces.

One indictment relates to alleged illegal stock-option backdating, which forced Broadcom to restate its results to the tune of $2.2bn.

The second indictment contained an array of allegations against Nicholas including distributing drugs from his various homes, supplying controlled substances to prostitutes, and spiking customer and employee drinks with ecstasy. If you really want the full breakdown of the drugs-related indictment, it’s available here (pdf).

Former Broadcom CFO Bill Ruehle also faces the backdating charges. He too entered a not guilty plea yesterday, and like Nicholas is on bail until the start of the trial. ®

Intelligent flash storage arrays

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
DVLA website GOES TITSUP on day paper car tax discs retire
Welcome to GOV.UK - digital by de ... FAULT
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.