Broadcom backdating settlement


09-Dec-2019 21:26

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Newly released documents in the divorce of Broadcom Corp. Nicholas III reveal harsh battles with his former wife, Stacey, over how to divide the couple’s

Newly released documents in the divorce of Broadcom Corp. Nicholas III reveal harsh battles with his former wife, Stacey, over how to divide the couple’s $1 billion in community property, alleged drug use and her relationship with the family’s security chief.The documents show that Stacey Nicholas’ recent efforts to force a trial to divide the estate have been complicated by the pending criminal prosecution of Henry Nicholas.That left the division of their community property, which court filings say is about $1 billion, as the final issue to be decided -- one that had generated thousands of pages of filings this summer alone. The public’s right of access to divorce documents in California was established in May 2006, when the state Supreme Court rejected a three-year effort by billionaire Ronald W.Burkle to deny the Los Angeles Times access to the records of his divorce proceedings.

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Newly released documents in the divorce of Broadcom Corp. Nicholas III reveal harsh battles with his former wife, Stacey, over how to divide the couple’s $1 billion in community property, alleged drug use and her relationship with the family’s security chief.

The documents show that Stacey Nicholas’ recent efforts to force a trial to divide the estate have been complicated by the pending criminal prosecution of Henry Nicholas.

That left the division of their community property, which court filings say is about $1 billion, as the final issue to be decided -- one that had generated thousands of pages of filings this summer alone. The public’s right of access to divorce documents in California was established in May 2006, when the state Supreme Court rejected a three-year effort by billionaire Ronald W.

Burkle to deny the Los Angeles Times access to the records of his divorce proceedings.

Nicholas has proven that she is willing to say and do anything.” Henry Nicholas’ attorneys also claimed in court documents that Langan had become romantically involved with Stacey Nicholas.

billion in community property, alleged drug use and her relationship with the family’s security chief.The documents show that Stacey Nicholas’ recent efforts to force a trial to divide the estate have been complicated by the pending criminal prosecution of Henry Nicholas.That left the division of their community property, which court filings say is about

Newly released documents in the divorce of Broadcom Corp. Nicholas III reveal harsh battles with his former wife, Stacey, over how to divide the couple’s $1 billion in community property, alleged drug use and her relationship with the family’s security chief.The documents show that Stacey Nicholas’ recent efforts to force a trial to divide the estate have been complicated by the pending criminal prosecution of Henry Nicholas.That left the division of their community property, which court filings say is about $1 billion, as the final issue to be decided -- one that had generated thousands of pages of filings this summer alone. The public’s right of access to divorce documents in California was established in May 2006, when the state Supreme Court rejected a three-year effort by billionaire Ronald W.Burkle to deny the Los Angeles Times access to the records of his divorce proceedings.

||

Newly released documents in the divorce of Broadcom Corp. Nicholas III reveal harsh battles with his former wife, Stacey, over how to divide the couple’s $1 billion in community property, alleged drug use and her relationship with the family’s security chief.

The documents show that Stacey Nicholas’ recent efforts to force a trial to divide the estate have been complicated by the pending criminal prosecution of Henry Nicholas.

That left the division of their community property, which court filings say is about $1 billion, as the final issue to be decided -- one that had generated thousands of pages of filings this summer alone. The public’s right of access to divorce documents in California was established in May 2006, when the state Supreme Court rejected a three-year effort by billionaire Ronald W.

Burkle to deny the Los Angeles Times access to the records of his divorce proceedings.

Nicholas has proven that she is willing to say and do anything.” Henry Nicholas’ attorneys also claimed in court documents that Langan had become romantically involved with Stacey Nicholas.

billion, as the final issue to be decided -- one that had generated thousands of pages of filings this summer alone. The public’s right of access to divorce documents in California was established in May 2006, when the state Supreme Court rejected a three-year effort by billionaire Ronald W.Burkle to deny the Los Angeles Times access to the records of his divorce proceedings.

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Nicholas intends to prove that the allegations contained in Stacey Nicholas’ and Tim Langan’s declarations are false,” Howell said. With billions of dollars and the custody of the children at stake, Mrs.

Stacey Nicholas first filed for divorce in 2002, 15 years after they were married, but the couple reconciled.

They separated again in 2005 and Stacey Nicholas revived the divorce proceedings. It was during the couple’s reconciliation that Henry Nicholas left Broadcom.

Federal indictments have accused Nicholas of distributing illegal drugs to friends and business associates, and of manipulating Broadcom stock options to provide .2 billion in benefits to employees of the Irvine microchip company without disclosing his actions to other shareholders.

Also snarling efforts to divide the couple’s community property have been demands by regulators and Broadcom shareholders that Henry Nicholas potentially repay more than the couple’s net worth.

The divorce records were unsealed at the request of The Times, which spent two years arguing in court that the case should be available to the public as are thousands of other family-law cases.