LOS ANGELES (CBS) — One of the founders of the Pinkberry frozen yogurt chain pleaded not guilty Monday to assaulting a homeless man.

Young Lee, 47, is facing an assault with a deadly weapon charge after he allegedly beat a homeless man with a tire iron in June. Lee broke the man’s arm in the incident, police said.

He was arrested Jan. 17 at LAX on a fugitive warrant.

During Monday’s arraignment, the judge gave Lee permission to travel to Korea on a business trip. The judge ordered that he must surrender his passport at his next court date on March 5.

Lee has prior convictions of felony possession of a controlled substance and misdemeanor carrying a loaded firearm from 2001.

He is currently free on $60,000 bail and faces seven years in prison if convicted.

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