Broadcom’s Nicholas is free to move around the country
Broadcom Corp. co-founder Henry T. Nicholas III will be able to ditch his electronic monitoring bracelet and travel freely throughout the U.S. while awaiting trial on criminal charges, a federal judge ruled.
U.S. Magistrate Judge Arthur Nakazato granted Nicholas’ request Monday but said the billionaire former executive would have to consent to random drug testing and obtain advance approval from court officials to travel outside Southern California.
Nicholas, currently free on $3.3-million bail, is scheduled to stand trial Feb. 9, 2010, on charges that he manipulated stock options to reward the chip maker’s employees. Nicholas is also accused in a separate indictment of providing narcotics and prostitutes to friends and business associates.
In a request to ease the conditions of his release, Nicholas’ attorneys said he had made all court appearances and complied with prior conditions of his release.
Before the ruling, Nicholas could leave his Orange County home only for certain activities, including employment and medical and mental health treatment.
Karen
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Strike action set to cause travel chaos at Brussels airports
Phocuswright reveals the world's largest travel markets in volume in 2025