Breaking and associated brands will be offline for scheduled maintenance Friday Feb. 26 9 PM US EST to Saturday Feb. 27 6 AM EST. We apologize for the inconvenience.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A little more than a year ago, Los Angeles federal district court judge Cormac Carney stunned both the L.A. U.S. Attorney’s Office and Broadcom co-founder Henry Samueli when he rejected Samueli’s plea deal in a criminal stock options backdating case. Carney ridiculed the agreement, which called for Samueli to receive a sentence of five years’ probation and to pay a fine of $12.25 million, noting that two defendants in a case in which Samueli is an unindicted co-conspirator faced life in prison. The deal, Carney wrote, “suggests that Dr. Samueli’s wealth and popularity will allow him to avoid the consequences of his alleged misconduct at Broadcom. The court cannot accept a plea agreement that gives the impression that justice is for sale.” The government and Samueli, who is represented by Gordon Greenberg of McDermott Will & Emery, decided to appeal Carney’s ruling rather than withdraw the plea. On Thursday they learned the consequences of that strategy: A three-judge panel of the 9th U.S. Circuit Court of Appeals dismissed the appeal without considering the merits, finding that it didn’t have jurisdiction because Samueli hadn’t yet been sentenced. “Once the district court enters the judgment and commitment order, it will be clear whether Samueli’s sentence is greater than, less than, or equal to the stipulated term,” wrote Judge Ronald Gould, in a rare 9th Circuit consideration of “the broad rule that orders in criminal cases are generally unreviewable” before sentencing. “At that time,” the opinion says, “the district court’s rejection of the … plea and sentence agreement can be reviewed.” Greenberg had argued at the 9th Circuit that Samueli would suffer irreparable harm if Carney’s ruling stood, but the appellate court disagreed. The McDermott partner sent us the following e-mail statement in response to our request for comment: “We are reviewing the court’s decision that it had no jurisdiction to hear the merits of our appeal at this stage of the case. As the court recognized, the timing for a merits review of the rejection of the parties’ resolution of a criminal case is important for the appellate courts, and we will carefully review the court’s analysis and consider all our options.” Assistant U.S. Attorney George Cardona argued for the government at the 9th Circuit. According to the Orange County Register, Samueli may now face a five-year prison sentence.

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]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.