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Federal Trial Dates Set For Broadcom Co-Founder

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Jul 1, 2008 4:15 pm US/Pacific

Federal Trial Dates Set For Broadcom Co-Founder

SANTA ANA, Calif. (AP) ― A federal judge has set two trial dates for Broadcom co-founder Henry T. Nicholas III, one on drug charges and one on corporate fraud charges.

Nicholas, 48, was indicted by a federal grand jury last month on multiple counts of conspiracy, securities fraud and other charges related to an alleged scheme to illegally backdate stock options.

A second indictment charged Nicholas with drug counts, including allegations that he slipped ecstasy into the drinks of business associates, maintained a drug warehouse and concealed illegal conduct with bribes and death threats.

Nicholas has pleaded not guilty to all charges and is free on more than $3 million bail.

On Tuesday U.S. District Judge Cormac Carney set Nicholas' trial on the fraud charges for April 7, 2009. The drug trial will follow on Nov. 10, 2009.

(© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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