Apple CEO subpoenaed in options case
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Apple Inc  Chief Executive Steve Jobs was asked by U.S. securities regulators to give a deposition in a lawsuit against the company's former general counsel involving stock options backdating, a person familiar with the matter said on Thursday.
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Apple Computer Inc. said on Wednesday an internal investigation found irregularities with its past stock option grants, prompting the immediate resignation of a former chief financial officer from the board of directors.
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The former legal counsel for McAfee is facing federal charges of improperly backdating stock options at the security software company.
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NEW YORK -- Gabelli Asset Management Inc., run by star money manager Mario Gabelli, received a subpoena from the Securities and Exchange Commission related to its investigation of improper fund-share trading, the firm said in a regulatory filing.
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SEC subpoenas Apple CEO to give a deposition in the backdating lawsuit against former Apple General Counsel, Nancy Heinen.
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By Ryan Blitstein, San Jose Mercury News, Calif.  SJ-0524-AMD-subpoenas-Intel-s-lawyers   AMD subpoenas Intel's lawyers   Ryan Blitstein  San Jose Mercury  News, Calif.
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By Pete CareySTAFF  Congressional investigators are questioning Hewlett-Packard Chief Executive Mark Hurd's sale of stock options, worth $1.37 million, which occurred 15 days before the company's controversial boardroom leak investigation became public.
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(InfoWorld) - New allegations have surfaced that Apple Inc. CEO Steve Jobs was involved in backdating stock-option grants improperly while chairman of the animated movie studio Pixar Inc. The Wall Street Journal reported Friday that Jobs approved a March 2001 employment contract with "Toy Story" director John Lasseter that granted Lasseter Pixar stock options priced in December 2000, three months before the contract was signed and when the stock price was at its lowest level of the year. Although the Journal reports it is not clear whether Jobs picked the December stock options pricing date, his signature, on behalf of Pixar, is on Lasseter's contract. Stock-options backdating is not illegal, per se, but there are U.S. Securities and Exchange Commission (SEC) regulations on how they must be accounted for and disclosed to shareholders. Pixar Inc. has since been acquired by The Walt Disney Co., Jobs now sits on Disney's board and is its largest individual shareholder. Disney said it is conducting its own investigation of Pixar stock-options practices. The U.S. Attorney's Office in San Francisco and the SEC have been investigating stock-options backdating actions at Apple and other companies. Calls to the U.S. Attorney's Office, Apple and Disney were not immediately returned.
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Apple (Nasdaq: AAPL) Computer has filed suit against ThinkSecret.com, a Mac rumor site, alleging that proprietary information and trade secrets were posted there.
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The Nvidia Corporation and Advanced Micro Devices have been subpoenaed as part of an investigation of potential antitrust violations involving graphics chips.
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Apple Inc.  disclosed on  Friday that the U.S. government had informally requested more  information and documents on its past stock-options practices,  and said the issue was a distraction for management.
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Apple Computer Inc. , which  is undergoing an independent investigation into its historical  stock option practices, filed with the U.S. Securities and  Exchange Commission on Friday to delay its 10-K annual report  filing.
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In a filing with the Securities and Exchange Commission (SEC) on Friday, Apple said that it was unable to meet the December 14 deadline for filing its annual report. The company cited its ongoing investigation into stock options grants as the reason and said that it would need to restate its historical financial statements.
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Thomson Financial, a unit of financial information provider Thomson Corp., said it received a subpoena from the US Securities and Exchange Commission for documents related to its capital markets intelligence business.
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Apple Inc.  disclosed on Friday that the U.S. government had informally requested more information and documents on its past stock-options practices, and said the issue was a distraction for management.
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New allegations have surfaced that Apple CEO Steve Jobs was involved in backdating stock-option grants improperly while chairman of the animated movie studio Pixar.
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Apple Computer Inc. CEO Steve Jobs apologized Wednesday for the company's past stock-option practices after a three-month internal investigation raised concerns over how some grants were handled between 1997 and 2002.