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Technology Stocks : Apple Inc.
AAPL 258.14-1.1%2:35 PM EST
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To: Done, gone. who wrote (59951)12/29/2006 6:16:03 PM
From: slacker711  Read Replies (1) of 213182
 
Personally I think saying Apple "faked a board meeting" is total BS.

Management may or may not have known, but I dont know how else you can interpret this statement.

The grant was dated October 19, 2001, with an exercise price of $18.30. The approval for the grant was improperly recorded as occurring at a special Board meeting on October 19, 2001. Such a special Board meeting did not occur.

I would probably say that Apple "made up" a board meeting instead of using the word faked, but now we are down to semantics.

Slacker
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