If Apple management knew that Steve Jobs' cancer had returned and did not disclose that Apple's founder was terminally ill, do shareholders have a valid complaint? When he appeared on stage for ipad2 looking thin and frail, the official statement from Apple was that his condition was the result of his "recovering from a bout with a common bug, that's all there is to it". Had an investor purchased Apple stock with the belief that SJ was not terminally ill, that he was merely suffering from a common cold, only to have him pass away shortly thereafter, and then have his investment plummet in value, the investor might be able to claim securities fraud.
