Anaheim Ducks owner Henry Samueli had his plea bargain proposal rejected today, Reuters reports.
SANTA ANA, California (Reuters) – A California judge on Monday rejected a proposed plea agreement sentence of probation and a fine for Broadcom Corp co-founder Henry Samueli as too lenient, and postponed the sentencing until later this month.
Samueli, 53, pleaded guilty in June to a charge of making a materially false statement to U.S. Securities and Exchange Commission investigators, following the company’s restatement last year of $2 billion in compensation expenses.
Stories of NHL owners in legal trouble has become almost a weekly occurrence.
In a tentative ruling from the bench, U.S. District Judge Cormac Carney said the crime was serious and “could warrant a significant prison sentence.”
Carney said he would issue a final order later Monday, but postponed the sentencing and set a September 29 hearing.
