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AAPL Stock: 509.46 ( 0 )

Feds question Jobs about options scandal

updated 12:45 pm EST, Tue January 23, 2007

Feds question Jobs


The U.S. government's ongoing probe into Apple's stock options scandal has led investigators to question company CEO Steve Jobs. Officials from the U.S. Justice Department and the Securities and Exchange met with Jobs in San Francisco last week, according to a report from Bloomberg, but details about which questions were asked or whether officials seek further meetings with Jobs were unavailable. Apple launched its own internal investigation in late June of 2006 after it discovered 'irregularities' in stock option grants. The company's investigation looked at the better part of a million documents, and declared that no current management was guilty of any wrongdoing. Despite the results of Apple's internal investigation, federal officials are still asking questions to draw their own conclusions about Apple's involvement in the illegal accounting practices.


by MacNN Staff

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Comments

  1. chas_m

    Fresh-Faced Recruit

    Joined: Aug 2001

    0

    Not worried

    Yet. :)

  1. jarod

    Fresh-Faced Recruit

    Joined: Apr 2005

    0

    Im seaaaarching

    For the spiiirriiit of the greeeeeat heeeart!

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