Feeds

Ex-Broadcom boss beats drugs orgy charges

White lines blow away

Top 5 reasons to deploy VMware with Tegile

Henry T Nicholas III, the billionaire co-founder of Broadcom, has been cleared of drugs charges by a federal judge.

The US government alleged that as CEO, Nicholas' life was a non-stop party of cocaine, ecstasy, meth, valium, marijuana and prostitutes, which he distributed among friends and business partners.

A Californian judge yesterday threw out the charges, after a related securities fraud case against Nicholas unravelled two weeks ago amid claims the prosecution had improperly influenced witnesses and leaked details to the press.

District judge Cormac Carney however noted Nicholas' former bacchanalian lifestyle, saying: "From the evidence... as well as what's been attained from the pretrial services, it does seem that you had a serious drug problem.

"You paid dearly for that. You lost your marriage, you lost your job, your reputation has been tarnished, but from what I gather you've been clean and sober for two years and I commend you for that."

The colourful indictment against Nicholas, issued in October 2007, alleged he kept a warehouse for storing his various drug stockpiles. It said he spiked Broadcom customers' drinks with MDMA.

It also records an alleged incident in 2001 when the pilot of his private jet was forced to don an oxygen mask as the cabin filled with marijuana smoke.

The US government further claimed he paid off Broadcom staff to keep his debauchery quiet. The whole indictment is here (pdf).

Outside court yesterday, Nicholas briefly thanked supporters, AP reports. He has not ruled out a return to Broadcom and has said he wants to do charity work.

Prosecutors plan to appeal against the dismissal of their securities fraud case, which surrounds alleged backdating of stock options by Nicholas and other Broadcom top brass. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
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.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.