Faked Docs May Be Core of Apple Case

Tags: Apple + stock + Justice Department + Steve Jobs

lupus
lupus posted on Dec 27th 2006 6:56PM; via law.com/jsp/ca/PubArticleCA.js...
Faked Docs May Be Core of Apple Case

Federal prosecutors are reportedly looking closely at stock option administration documents that were apparently falsified by Apple execs to maximize the profitability of option grants. While Apple has said CEO Steve Jobs did not profit from the stock-option backdating, Jobs has reportedly hired his own attorney to deal with the SEC and Justice Department.

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