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Apple Clears Jobs In Options Probe

An investigation into past stock-option grants at Apple Computer has found that Chief Executive Officer Steve Jobs was aware of procedural irregularities but did not benefit personally from the grants or understand the accounting implications. Apple revealed the results of the investigation in documents filed with the U.S. Securities and Exchange Commission. The company also said it was restating its financial results with a total impact of $84 million, including $21 million combined for the years 2004, 2005 and 2006 as a result of the options probe.”]

Source: https://www.csoonline.com/article/2121825/apple-clears-jobs-in-options-probe.html

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