Legal News

Carney dismisses Broadcom backdating charges, citing 'shameful' prosecutorial conduct

By Richard Binder

U.S. District Court Judge Cormac Carney dismissed with prejudice the cases against William Ruehle, the former chief financial officer of Broadcom, and Henry Nicholas, one of the company's co-founders.

Carney also dismissed the U.S. Securities and Exchange Commission's civil case against Ruehle, Nicholas, co-founder Henry Samueli and David Dull, the former general counsel of the company.

The judge ruled that prosecutors had improperly intimidated witnesses, tainting their testimony and making the case "a mockery of justice." He said the government's conduct in the case was "shameful."

Carney set a Feb. 2 hearing on separate drug-distribution charges against Nicholas. It is the only charge remaining in the case.

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Full post as published by Legal Pad | LA on December 15, 2009 (boomark / email).