The co-founder and former chief technical officer of Broadcom Corp., Henry Samueli, pleaded guilty to making a false statement to the Securities and Exchange Commission during an investigation of stock options backdating at the company.
Samueli is the latest executive at the Irvine, Calif.-based broadband communications manufacturer to be indicted in a criminal stock option backdating case that lead the company to restate more than $2.2 billion in January 2007. Earlier this month, Henry T. Nicholas III, the other co-founder and former chief executive, and William Ruehle, the former chief financial officer, were indicted in the stock options backdating case.
