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Univ. of Toledo College of Law

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Saturday, March 17, 2007

Disney Clears Jobs of Misconduct in Pixar Backdating

The Walt Disney Co. announced that it has completed an internal investigation of backdated options at Pixar and found that no one currently associated with the company engaged in intentional backdating.  Disney acquired Pixar last year.  Steven Jobs was CEO of Pixar and is now a Disney director.  See NYTimes, Disney Inquiry on Pixar Grants Finds No Misconduct by Jobs ; WSJ, Disney Says Pixar Options Were Backdated.

http://lawprofessors.typepad.com/securities/2007/03/disney_clears_j.html

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