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Apple settles options backdating lawsuit
The Associated Press reports that Steve Jobs and other senior executives have settled a stockholder lawsuit claiming they mishandled stock option awards. Insurers representing Jobs and Apple's board will pay Apple, Inc. $14 million, which tidily ...
Jobs/Pixar cleared of backdating issues
Well, it seems that all of this may blow over...at least for Steve and the Pixar execs. Late last year, Pixar, Steve's other company which he sold to Disney, was forced to take another look at some accounting actions. One of the suggested ...
Apple, Jobs face new options backdating lawsuit
In another chapter in the scandal surrounding Apple's choice to back-date options granted to key executives (including Steve Jobs), two plaintiffs have filed a class-action lawsuit in federal court against two former executives and members of Apple's ...
Jobs and Apple not out of the Options scandal woods yet
The Wall Street Journal has the best summary (subscription maybe required) of the Apple options backdating scandal that I have read to date. They take a look at Apple's filings and point that that Steve 'recommended the selection of some favorable ...
Fred Andersen pays fine, says he didn't do it
We've already mentioned that Fred Andersen has agree to pay $3.5 million in fines to SEC in regards to the Apple backdating scandal. However, he is not going quietly into that good night. Mr. Andersen has released a statement (requires a WSJ ...
Steve Jobs subpoenaed by SEC
Remember that whole stock backdating scandal that was threatening to throw a wrench into the unstoppable train that is Apple? Yeah, Apple would prefer you forget about it too, but the SEC (that's the Securities and Exchange Commission) hasn't. They ...
Stock options investigation delays Apple SEC filing
Apple's ongoing investigation into its stock option grants has delayed its SEC 10-K filing. The filing, which was due yesterday, may be delayed for as much as a month.
If you recall, Apple admitted that employee stock options may have been been ...
Apple to amend options for employees
The Mercury News reports that Apple is offering to give employees cash instead of previously-granted stock options in order to avoid tax-related penalties for those employees affected by backdated stock options. As you might recall, Apple recently ...
Former Apple General Counsel still in hot water
Joel Rosenblatt of Bloomberg.com writes that former General Counsel Nancy Heinan may still be sued by the Securities and Exchange Commission for the backdating issues that recently plagued Steve Jobs, Apple, and Pixar according to her attorney Miles ...
Apple to file Annual Report today
The New York Times is reporting that Apple will be filing their delayed annual report today. The report will likely contain information gathered from Apple's internal investigation into the options backdating scandal. The article gives a nice ...
Steve in trouble over stock options deal?
There's some more news today on the stock options story. According to AppleInsider, it has been suggested that Steve gave Pixar director John Lasseter a questionable, backdated stock option bonus. I must admit that I haven't really paid much ...
SEC will not file charges against Apple
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 ...
Liveblogging Apple's 2007 Q2 results
That's right, kiddies, Apple is having their quarterly results call today and TUAW will be liveblogging it. Oh, I am sure it'll be lots and lots of fun. Marvel as Apple refuses to comment on future products. Gaze upon record profits (I'm guessing). ...
Found Footage: Steve Jobs on CNBC
Shortly after yesterday's big announcements (apparently he gave a speech or something), Steve Jobs appeared on CNBC to talk about the new iPods and the movies that are now a part of the iTunes Store. He mentions the "seasonal" aspect of iPod ...
Stock Options continue to haunt Apple
With the Macworld keynote still on the horizon, the last thing Apple needs is a few more lawsuits and federal investigations. The San Francisco Chronicle reports that Apple faces a new shareholder lawsuit along with twin investigations by the San ...
