United States Law enforcement officials charged Broadcom co-founder Henry T. Nicholas III with federal crimes for stock fraud and drugs.In United States Federal Court, the Grand Jury indictments were unsealed and reveal the charges against him. There were a total of twenty five counts.Each count allege a seperate criminal charge. There were numerous felonies the worst of which were conspiracy to distribute a controlled substance, securities fraud and giving false statements to the SEC. If the he is found guility of these charges he faces the potential of decades of jail time.
The federal court sentencing guidelines are quite strict and is based on a pont system. The more points the more time in prison you do. Nicholas’ attorney did not make any comment on the indictment or the specific charges that the indictment alleges. This New York Criminal Defense Lawyer thinks that if the United States district Attorney’s office has the evidence to support these charges it may be in Nicholas’ interest to cut a deal and plea bargain. Going to trial in a case like this could be incredibly risky depending on the offer that is given by the U.S. Attorney handling the case.
Henry Samueli and Nicholas were both sued civily in New York for falsifying documents and misreporting the companies income. A New York civil lawyer was hired in addtion to Nicholas’ Criminal lawyer.
It’s important to note that if you are the subject of a criminal investigation in New York, Hire an experienced New York Criminal Lawyer. A Criminal attorney will let you get out in front of the case so you have the ability to defend yourself, giving you the best chance of protecting your innocence.
The firm of Stephen Bilkis & Associates and its New York Criminal Attorneys with convenient locations helps people throughout the Metropolitan Area, including Ozone Park, Queens and can be of invaluable help to you if you find yourself a defendant in a criminal action. Facing charges without experienced representation could lead to a disastrous outcome.