Steve Jobs Subpoenaed over Stock Option Backdating
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Apple Inc. Chief Executive Steve Jobs was asked by U.S. securities regulators to give a deposition in a lawsuit against the company’s former general counsel involving stock options backdating. Engadget gives their take on the recent news.
An internal Apple review claims it found two questionable stock options awarded to Jobs, but found no wrongdoing on his part. For Jobs’ sake, let’s hope he stays out of the slammer — a pretty face like that won’t last long on the inside.
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