Jobs Hires Attorney as Options Probe Deepens

Iria · Dec 28, 2006, 03:02 AM

Source: TechNewsWorld
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Apple chief Steve Jobs reportedly has hired his own attorney to represent him as an investigation of Apple's handling of stock option grants unfolds. The issue concerns proper disclosure of backdating in order to maximize their value. In recent months, more than 100 companies have disclosed internal inquiries or acknowledged inquiries by the SEC.

Dec 28, 2006, 03:02 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Jobs Hires Attorney as Options Probe Deepens Source: TechNewsWorld _________ Apple chief Steve Jobs reportedly has hired his own attorney to represent him as an investigation of Apple's handling of stock option grants unfolds. The issue concerns proper disclosure of backdating in order to maximize their value. In recent months, more than 100 companies have disclosed internal inquiries or acknowledged inquiries by the SEC.