TITLE

Steve Jobs, Apple Settle Backdating Case

AUTHOR(S)
Martin, Scott
PUB. DATE
September 2008
SOURCE
Red Herring;9/10/2008, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the settlement of a stock options backdating case filed against the executives and directors of computer manufacturer Apple. Apple agreed to pay $14 million to settle the case, with an additional $7.3 million in attorney fees. The settlement comes after a company-appointed investigation committee found irregularities in the backdating of stock option grants between 1997 and 2002.
ACCESSION #
36646666

 

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