|
|
Article: Report: Feds are investigating Apple options grant to Steve Jobs.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- January 12, 2007
CopyrightCOPYRIGHT 2007 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Troy Wolverton
Jan. 12--Federal regulators are investigating a falsely dated stock option grant made to Steve Jobs in 2001, the Wall Street Journal reported on Friday, citing sources "familiar with the matter."
Securities and Exchange Commission investigators and federal prosecutors are looking to interview three former Apple officials about the grant, but at least two of them have not submitted to questioning yet and it's unclear whether the third will, the Journal reported.
Apple stock, which had hit a new high earlier this week after Jobs unveiled a new iPhone, fell as much as 3 percent Friday on the news. In recent trading, the ...