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Stock impact report

Broadcom co-founder Henry Nicholas arrested in Las Vegas on suspicion of drug trafficking [Los Angeles Times (CA)]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Broadcom co-founder Henry Nicholas arrested in Las Vegas on suspicion of drug trafficking Broadcom co-founder and billionaire Henry T. Nicholas III was arrested in Las Vegas on suspicion of narcotics trafficking after police discovered heroin, cocaine, meth and ecstasy in his suite at the Encore Hotel, police said Thursday. Las Vegas Metropolitan police detained Nicholas, 59, and a woman, Ashley Fargo, about 10:40 p.m. Tuesday after hotel security called the police to the room, said Officer Larry Hadfield, a department spokesman. Hadfield said security reported finding contraband in the room. Nicholas and Fargo were arrested and booked for multiple felonies on suspicion of trafficking heroin, cocaine, MDMA and methamphetamines, Hadfield said. Both since have been released from custody, he said. He did not mention a bail amount. This is the latest run-in with the law for Nicholas, who stepped down as chief executive of Broadcom in 2003 and who, according to Forbes, has a fortune of $3. Show less Read more
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