Nicholas, who stepped down as CEO of the Irvine, California-based chipmaker in 2003, was indicted June 5. He and Ruehle are charged with securities fraud in an alleged scheme that caused Broadcom to restate earnings from 1998 to 2005 by $2.22 billion, the largest backdating-related restatement. Nicholas was separately charged with narcotics offenses, including spiking the drinks of Broadcom clients with the hallucinogen ecstasy.

That is so awesome. Hollywood CEO-drama awesome.

This entry was posted on Tuesday, December 16th, 2008 at 20:49.