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Apple Stock-Option Documents Eyed by Federal Investigators

U.S. federal investigators are “looking closely” at stock-option documents allegedly falsified to boost profits. Revelations are expected in Apples delayed annual report due out Friday. The Recorder legal newspaper reported Tuesday that two former Apple officials are accused of falsifying options. Apple CEO Steve Jobs has hired outside counsel separate from the company’s, newspaper reports. Tuesday’s news report sent Apple’s share price tumbling Wednesday morning, but it’s regained ground as the East Coast midday approached.”]

Source: https://www.csoonline.com/article/2120680/apple-stock-option-documents-eyed-by-federal-investigators.html

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