The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple CEO Questioned in Options Investigation

Apple CEO Questioned in Options Investigation

by , 10:50 AM EST, January 23rd, 2007

Government investigators looking into Apple's stock option granting process have questioned CEO Steve Jobs as part of their ongoing criminal investigation. Investigators from the Securities and Exchange Commission and Justice Department spoke with Mr. Jobs in San Francisco the week after Macworld Expo concluded, according to Bloomberg.

In an independent internal investigation that Apple commissioned, information surfaced that showed some members of the company's 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 SEC's view on [Mr. Jobs'] culpability that matters, not the internal investigation at Apple."

Information about what was discussed during the interview with Mr. Jobs has not been disclosed.

Apple stock is currently trading at US$86.39, down 0.40 (0.46%).

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.


Recent TMO Headlines - Updated October 27th

Wed, 5:22 PM
Duet Display Update Turns Your iPad Pro into a Real Mac Graphics Tablet
Wed, 4:41 PM
Apple Delays AirPods, Won't Ship in October
Wed, 2:54 PM
Microsoft Just Announced the iPad I Always Wanted - Surface Studio
Wed, 1:54 PM
TMO Daily Observations 2016-10-26: AAPl Q4 Earnings, Microsoft's Surface Studio
Wed, 12:32 PM
Who Wants to Be a Mac Dictator?
Wed, 11:59 AM
Apple's 'hello again' Event to Include Apple TV Content Discovery App
Wed, 10:44 AM
How to Add a Physical Escape Key to the New MacBook Pro
Wed, 9:19 AM
iOS 10.1: Turning Off Duplicate Portrait Mode Images
Wed, 9:00 AM
Martian Notifier Smartwatch: $29.99
Tue, 8:43 PM
Apple Says It Will Return to Revenue Growth in December Quarter
Tue, 7:07 PM
Tim Cook: Giving Up Privacy with Siri and AI is a False Choice
Tue, 5:51 PM
macOS Sierra 10.12.1 Leaks New MacBook Pro Images
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!