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.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]