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Former Broadcom CEO Checks Into Rehab

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Apr 19, 2008 11:12 am US/Pacific

Former Broadcom CEO Checks Into Rehab

LOS ANGELES (AP) ― An attorney says the co-founder and former chief executive of semiconductor maker Broadcom has entered an alcohol rehabilitation program.

Attorney Bill Hake says Henry Nicholas, 48, checked into the Betty Ford Center on Tuesday and will spend the next month there.

Nicholas has been identified by federal authorities as an unindicted, potential coconspirator in an investigation of backdating of stock options at the Irvine-based company.

His attorneys say Nicholas didn't personally benefit from the alleged activity.

Nicholas was sued last year by a former employee who accused him of drug use and hiring prostitutes for clients. His attorney denied the allegations and characterized the situation as an extortion attempt.

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