The legal issues of Henry Nicholas, who faces a federal criminal probe over options backdating and a salacious civil suit, also include a 2002 legal settlement over a lair he had built under his former Laguna Hills home, according to the Los Angeles Times.
Contractors who worked on the project sued Nicholas, charging he failed to pay millions due for the work. The contractors also allege they were subject to manipulation and threats.
The suit, settled in 2002, alleges the underground tunnels and rooms were built for drug taking and sex with prostitutes.
Nicholas’ lawyer denied the claims.
Word of the contractors’ suit comes after last week’s news of litigation against Nicholas by Kenji Kato, a Nicholas assistant from 1999 to 2006.
Kato’s suit also makes charges of drug abuse and prostitutes.
The suit by Kato, filed last year, surfaced as part of an investigation into Nicholas by a federal prosecutor in Orange County.
The local U.S. Attorney is looking into options backdating at Irvine chipmaker Broadcom Corp., where Nicholas stepped down as chief executive in 2003.
Nicholas hasn’t been charged in the federal probe, which stems from Broadcom’s revised financial statements for 1998 through 2005 with charges of $2.2 billion for stock options that were improperly accounted for.
*For more,
read the Los Angeles Times article.
