Ducks owner Henry Samueli pleads guilty in Broadcom stock options case
June 23, 2008 | 2:18
pm
Henry Samueli, the co-founder of Broadcom and owner of the Anaheim Ducks hockey team, pleaded guilty to lying to federal authorities who were investigating stock-options fraud at the Irvine-based chip maker.
The agreed-upon penalty: five years of probation and $12.2 million in fines. Samueli won't have to testify for the government, according to court documents.
Read the full story for more details.
-- Chris Gaither
Photo by Christine Cotter / Los Angeles Times
Dr. Henry Samueli is not a bad person. He is a great human being. Dr. Samueli is widely known for his philanthropic work. He has given away a whopping $200 million and he's only 53 years old. Imagine what he will do when he's sixty or seventy years of age. I know that I will always be appreciative for all his generous donations.
Posted by: Andrew | June 24, 2008 at 10:17 AM