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SEC will not file charges against Apple

by Scott McNulty Apr 25th 2007 at 9:15AM

The New York Times is reporting that the Securities and Exchange Commission will not file charges against Apple, Inc. in regard to the backdating scandal. This is good news for Apple as a company, but Fred Andersen and Nancy Heinan aren't in the clear. Also not in the clear? Everyone's favorite iCEO, Steven P. Jobs. The Times says that the government usually goes after easy wins in cases like these and the evidence just isn't there for a quick resolution against Jobs.


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The New York Times is reporting that the Securities and Exchange Commission will not file charges against Apple, Inc. in regard to the...
 

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Bill Fold

let's improve Stevie's image by giving him 100 points here http://www.time.com/time/specials/2007/time100walkup/article/0,28804,1611030_1610841_1611976,00.html

April 25 2007 at 10:29 PM Report abuse rate up rate down Reply
Fritz Laurel

Unless, of course, our favorite CFO or former counsel should give them something to go on...

April 25 2007 at 12:55 PM Report abuse rate up rate down Reply
ThunkDifferent.com

Well, i suppose the shareholders and the quarterly results committee can breathe easy again, not to mention everyones favorite "iCEO."

April 25 2007 at 11:54 AM Report abuse rate up rate down Reply
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