Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Tuesday, April 24, 2007

SEC Charges Expected Against Two Former Apple Officers

Two former Apple officers are expected to be named as defendants in SEC actions involving backdating of stock options at that company.  Nancy R. Heinan, the former general counsel, allegedly selected the dates for two backdated stock option grants, one that included options to her ; her attorney stated that she would contest the charges.  Fred D. Anderson, the former chief financial officer, is expected to settle charges against him.  Apple previously concluded an internal investigation that found no improper conduct on the part of Steve Jobs.  See NYTimes, Ex-Officers of Apple Await Suit;  WSJ, Apple Ex-Finance Chief Settles With SEC.

http://lawprofessors.typepad.com/securities/2007/04/sec_charges_exp.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d8346a424569e2

Listed below are links to weblogs that reference SEC Charges Expected Against Two Former Apple Officers:

Comments

Post a comment