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Technology Stocks : Apple Inc.
AAPL 259.95-0.4%3:59 PM EST
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To: rnsmth who wrote (63544)4/23/2007 11:26:15 PM
From: Kip S  Read Replies (1) of 213182
 
Fred settled with the SEC - a fine a returning of some money made on backdated options. No admission of wrongdoing.

That's great news for Steve and for Apple Inc. Probably not all that bad for Fred Anderson, either. A fine, but no criminal charges. I always really liked Fred as a CFO. I think he really improved Apple's relations with the investment community by being careful, honest, and conservative in his statements about Apple.
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