Judge Tosses Remaining Broadcom Charges, Finds ‘Serious Problems’ in SEC Complaint
A federal judge on Thursday dismissed drug charges against former Broadcom Chief Executive Officer Henry Nicholas and threw out a plea deal reached between prosecutors and a witness in a related stock-options backdating prosecution. In a related civil complaint, the judge gave the Securities and Exchange Commission seven days to file amended securities fraud charges against Nicholas and three other former Broadcom executives, telling an SEC attorney that he found "serious problems of proof" with the existing complaint.
