Friday, January 12, 2007

U.S. Scrutinizes Grant to Jobs - WSJ.com

Reality check: this is not going to go away... 

Apple's backdated stock options are the subject of criminal and civil probes by the U.S. attorney's office in San Francisco and the SEC. A decision on whether to bring criminal charges in the Apple case isn't expected for months.

Apple spokesman Steve Dowling declined to comment, except to repeat that the company has provided results of an internal options investigation to the SEC and U.S. attorney and that the investigation cleared Mr. Jobs of misconduct.

Source: U.S. Scrutinizes Grant to Jobs - WSJ.com

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