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Strategies & Market Trends : Option Granting Practices and exploits -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (115)1/17/2007 5:34:40 PM
From: RockyBalboa  Read Replies (1) | Respond to of 165
 
Apple "voluntarily" providing Feds with option-probe data

SAN FRANCISCO (MarketWatch) -- Apple Inc. Chief Financial Officer Peter Oppenheimer said Wednesday the company was "voluntarily and proactively" informing federal officials of findings regarding Apple's stock-option backdating investigation. Speaking on a conference call to discuss Apple's first-quarter results, Oppenheimer didn't say if the Securities and Exchange Commission has launched a formal probe of the options that a company investigation found to be backdated. Oppenheimer reiterated that Apple's internal review found "no misconduct by any member of Apple's current management team."