Apple delays SEC filing

Iria · Aug 11, 2006, 05:19 PM

Source: News.com
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Apple Computer has postponed its quarterly financial filing with the Securities and Exchange Commission, due to a review of stock option grants and an anticipated restatement of previous filings.

The information became public Friday in a filing Apple made with the SEC. Scores of tech companies, including News.com publisher CNET Networks, are under federal investigation over the possible manipulation of the timing of stock option grants.

Apple, which announced in late June that it found questionable stock option grants for the period between 1997 and 2001, noted that its internal investigation is still ongoing.

Aug 11, 2006, 05:19 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Apple delays SEC filing Source: News.com _________ Apple Computer has postponed its quarterly financial filing with the Securities and Exchange Commission, due to a review of stock option grants and an anticipated restatement of previous filings. The information became public Friday in a filing Apple made with the SEC. Scores of tech companies, including News.com publisher CNET Networks, are under federal investigation over the possible manipulation of the timing of stock option grants. Apple, which announced in late June that it found questionable stock option grants for the period between 1997 and 2001, noted that its internal investigation is still ongoing.