Tuesday, April 24, 2007

Ex-Officers of Apple Await Suit - New York Times

More speculation on what's next for Steve Jobs 

It is not clear whether the two prospective S.E.C. civil lawsuits will be the extent of the commission’s action against Apple or its executives over the backdating activities. Nor is it clear when an investigation by the United States attorney’s office in San Francisco will come to a conclusion. A spokesman for the office had no comment yesterday.

But Apple’s stock rose $2.54, to $93.51, yesterday after an article in The Mercury News on Sunday, citing unidentified sources, said evidence suggested that Mr. Jobs was unlikely to face civil or criminal charges.

Source: Ex-Officers of Apple Await Suit - New York Times

Post a Comment