Apple CEO gets subpoena in backdating case: report
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Apple Inc  Chief Executive  Steve Jobs has been asked by U.S. securities regulators to give  a deposition in a stock options backdating lawsuit against the  company's former general counsel, Bloomberg reported on  Thursday, citing two people familiar with the matter.
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Apple Computer Inc. CEO Steve Jobs apologized to shareholders Wednesday after an internal investigation found that he had been aware of the company's practice of "backdating" employee stock options.
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The Department of Justice has subpoenaed Advanced Micro Devices Inc. and Nvidia Corp. as part of a probe of antitrust violations.
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Advanced Micro Devices said it had received a subpoena regarding an investigation into possible antitrust violations in the graphics processor and card business.
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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, Bloomberg reported, citing two people familiar with the matter.
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Federal officials investigating  stock-options backdating at Broadcom Corp.  are looking  into allegations that former Chief Executive Henry Nicholas III  used hard drugs and hired prostitutes, the Wall Street Journal  reported on Friday.
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Apple Computer Inc. said on Wednesday it found irregularities with its past stock option grants during an internal investigation and the company will likely need to restate its past financial statements.
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International insurance services firm Crawford &amp; Co. said Friday that it received a subpoena from the office of New York Attorney General Eliot Spitzer requesting information in connection with the office&#39;s investigation.
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Graphics chip maker Nvidia Corp.  said on Friday that it received a subpoena from the  U.S. Department of Justice as part of an probe into potential antitrust violations involving graphics processing units and cards.
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NEW YORK -- Apple Computer Inc. said Friday it has delayed filing its annual report with the Securities and Exchange Commission due to its ongoing investigation into stock option grants.
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In a report to the US Securities and Exchange Commission regarding allegations that the company may have failed to report certain backdated options, Apple today said its CEO, Steve Jobs, knew something about his company's options backdating practices, but never benefited from backdating personally.
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Updated: The company says someone &quot;has recently misappropriated and disseminated through Web sites confidential information about an unreleased Apple product.
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Former Brocade Communications Systems CEO Gregory Reyes has been sentenced to 21 months in prison and a $15 million fine for fraud related to backdating of the storage networking company&#39;s stock options.Reyes was convicted last August&#160;in the most prominent of many criminal and civil cases in the past two years related to backdating by high-tech companies. Apple, McAfee, Rambus, and scores of other vendors have faced either internal or external probes. Reyes&#39; conviction was the first by the U.S. Department of Justice in a backdating case. Reyes was found guilty on 10 charges including securities fraud, conspiracy and falsifying financial records. He could have faced as much as 20 years in prison.The sentencing order on Wednesday from Judge Charles Breyer of the U.S. District Court for the Northern District of California has been stayed pending an expected appeal, which has not yet been filed, according to the court.Backdating, which involves changing the date that stock options grants were made to certain employees so they can later get a bigger profit, is not illegal but has to be accounted for properly. Many high-tech companies used the practice during the Internet boom early in this decade to attract prized employees.In the wake of Brocade&#39;s backdating problems, the company restated its results from 1999 to 2004. The scandal also led to charges against Stephanie Jensen, former vice president of human resources, and Michael Byrd, the company&#39;s former CFO and COO.
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Several options grants to top  executives at Apple Computer Inc.  were dated just  before sharp increases in its stock between 1997 and 2001, the  Wall Street Journal reported on Monday, citing a review of  regulatory filings.
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VeriSign Inc.  on Tuesday said it  received a grand jury subpoena from the U.S. Attorney for the  Northern District of California requesting documents relating  to stock option grants and practices.
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Apple Computer's chief executive, Steve Jobs, apologized yesterday for a stock options scandal that he said "happened on my watch," after a three-month internal investigation uncovered "serious concerns" with the actions of two former executives.
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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.