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| subject: | Re: Uh Oh - Apple `falsified` files on Jobs` options |
MSGID: 1:379/45 4de8b156 REPLY: 1:379/45 dd6356c8 TZUTC: -0500 CHARSET: PC-8 From: mike http://www.law.com/jsp/article.jsp?id=1147338329872 General Counsel in May. /m On Sat, 30 Dec 2006 14:16:13 -0500, RobertB wrote: >In article , > mike wrote: > >> Didn't the CFO and corporate counsel already resign? > >I think the CFO did about a month back. > >> >> >> >> On Wed, 27 Dec 2006 22:32:15 -0500, "Rich Gauszka" >> wrote: >> >> >I wonder which fall guy err financial officer is going to bite the bullet >> >this time? >> > >> >http://www.ft.com/cms/s/801e1b82-9605-11db-9976-0000779e2340.html >> > >> >Steve Jobs, chief executive of Apple Computer, was handed 7.5m stock options >> >in 2001 without the required authorisation from the company's board of >> >directors, according to people familiar with the matter. >> > >> >Records that purported to show a full board meeting had taken place to >> >approve Mr Jobs' remuneration, as required by Apple's procedures, were later >> >falsified. These are now among the pieces of evidence being weighed by the >> >Securities and Exchange Commission as it decides whether to pursue a case >> >against the company or any individuals over the affair, according to these >> >people. >> > >> >News of the irregularities, which is expected to be revealed in a regulatory >> >filing by Apple before the end of this week, will add to pressure that has >> >been growing on one of Silicon Valley's most highly-regarded companies since >> >the middle of 2005. >> > >> >.. >> > >> >An Apple spokesman refused to comment on the matter on Wednesday, but said >> >the company had handed the findings of its internal enquiry to the SEC. The >> >company said in October that it had found "no misconduct by any member of >> >Apple's current management team" but that its investigation "raised serious >> >concerns regarding the actions of two former officers". At the same time, it >> >also announced the resignation from its board of Fred Andersen, a former >> >chief financial officer. Mr Andersen had not been a director at the time of >> >the 2001 options grant. >> > --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 270 @PATH: 261/1 38 123/500 379/1 633/267 |
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