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Securities

Oct. 16, 2008

Facing Possible Prison Time, Billionaire Seeks Second Opinion

Orange County philanthropist Henry Samueli said Tuesday he would stick by his troubled plea deal with prosecutors, even though his decision could mean prison time.

By Gabe Friedman
Daily Journal Staff Writer

Orange County philanthropist Henry Samueli said Tuesday he would stick by his troubled plea deal with prosecutors, even though his decision could mean prison time.

The fate of the billionaire founder of Irvine-based Broadcom Corp. will remain unclear for several months while his lawyers appeal a judge's decision to reject the original terms of the plea deal.

In June, lawyers for Samueli struck a...

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