In an independent internal investigation that Apple commissioned, information surfaced that showed some members of the companyis management team were involved in improperly backdating stock option grants. The investigation concluded that the current management, including Mr. Jobs, were not involved in any misconduct.
The government, however, is continuing its criminal investigation. Nell Minow, editor at the corporate governance research firm, Corporate Library, commented “It is after all the SECis view on [Mr. Jobsi] culpability that matters, not the internal investigation at Apple.”
Information about what was discussed during the interview with Mr. Jobs has not been disclosed.
Don’t miss the best of The Mac Observer
Set us as a preferred source and our Apple reporting ranks higher in your Google Search results and Discover feed — one tap, no account changes.
Apple stock is currently trading at US$86.39, down 0.40 (0.46%).
<!–#include virtual=”/includes/newsite/series/stockwatch.shtml”–>
Discussion