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[MaximumPC] Steve Jobs faces fraud charges

post #1 of 14
Thread Starter 
Quote:
The ghosts from Apple’s past have returned to haunt the company. A couple of years ago, an internal inquest was launched into the alleged backdating of stock options grants at Apple made between 1997 and 2001. The investigation uncovered several irregularities - and forgeries - that eventually prompted the Securities and Exchange Commission to step in.
Source

Looks like some people are pissed about their stocks
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post #2 of 14
i know Forest Gump must be PISSED OFF.
post #3 of 14
haha, for some reason this makes me happy.
post #4 of 14
My teacher has stock in there company....
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post #5 of 14
lol.
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post #6 of 14
Ummm...next paragraph

Quote:
Although SEC filed charges against then Apple CFO Fred D. Anderson and general counsel Nancy R. Heinen, the company’s top brass including Steve Jobs were given the clean chit and lauded for their cooperation in the investigation.
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post #7 of 14
Quote:
Originally Posted by rabidgnome229 View Post
Ummm...next paragraph
ummm, and the one after that

Quote:
However, disgruntled Apple stockholders Martin Vogel and Kenneth Mahoney believe there is more to the stock-option-backdating story than what met SEC’ keen eye. a class-action suit against Apple CEO Steve Jobs, already beleaguered Anderson and Heinen, and four others from the Board of Directors.
post #8 of 14
Quote:
Originally Posted by Xinoxide View Post
ummm, and the one after that
Apple's board is facing a civil suit because investors lost money (*gasp*). That is quite a bit different than "Steve Jobs Faces Fraud Charges" with a cherry picked quote to make it look like the SEC is behind it.
Edited by rabidgnome229 - 7/2/08 at 11:37pm
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post #9 of 14
Steve Jobs - Good Artists Copy, Great Artists Steal
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post #10 of 14
Quote:
Originally Posted by rabidgnome229 View Post
Apple's board is facing a civil suit because investors lost money (*gasp*). That is quite a bit different than "Steve Jobs Faces Fraud Charges" with a cherry picked quote to make it look like the SEC is behind it.
Forrest Gump would still be pissed

i admit a part of the article skipped off the top of my head.
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