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Blue Velvet

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Jul 4, 2004
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This news was released on Thursday when we were all talking about the iPhone in the UK...

If there's a duplicate thread on this, please let me know and I'll kill this one.


The Apple computer boss Steve Jobs has been subpoenaed to give evidence about his role in a scandal over the manipulation of stock options, which has prompted the prosecution of two of his former senior lieutenants.
Reports in the US yesterday suggested that the Securities and Exchange Commission has demanded a deposition from Mr Jobs, who is regarded as the inspiration behind the iPod, the iMac and the iPhone.

...

But the newswire service Bloomberg, citing two sources, said the subpoena required Mr Jobs to give evidence against Apple's former general counsel, Nancy Heinen.
The SEC has accused Ms Heinen of creating fake minutes for an imaginary board meeting in 2001 as part of a fraudulent scheme to suggest that share options were legitimately approved on the most lucrative possible dates for executives.

http://business.guardian.co.uk/story/0,,2173640,00.html


Here's the Bloomberg link
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aa66.U0y96iU
 

Blue Velvet

Moderator emeritus
Original poster
Jul 4, 2004
21,929
265
Thanks. I'll close this. I didn't see under it News... but forgot the pesky MacBytes. ;)
 
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