Report: Apple's Steve Jobs subpoenaed in options case
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The SEC isn't investigating Jobs--at least this time around--but they will depose him in their lawsuit against former Apple general counsel Nancy Heinen, according to Bloomberg.
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Some companies have ousted their CEOs for merely being around during stock option scandals. Those companies weren't led by Steve Jobs.
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Apple boss to testify in backdating suit Steve Jobs has been served with a subpoena by the Securities Exchange Commission (SEC) to testify in a backdating lawsuit against Apple's former top lawyer Nancy Heinen, according to a report.â¦
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The U.S. Department of Justice has issued subpoenas to Nvidia Corp.  and Advanced Micro Devices Inc.  as part of a probe into potential antitrust violations involving graphics chips, helping to send shares in the companies lower.
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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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New allegations surface that Apple CEO was involved in improperly backdating movie studio stock-option grants.
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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 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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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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Apple Inc.  reiterated in a regulatory filing on Friday that the U.S. government informally had requested information and documents on its past stock-options practices and said the issue was a distraction for management.
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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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Federal prosecutors are strongly  considering criminal charges against former executives of  Broadcom Corp., Apple Inc., and KLA-Tencor Corp., related to  the backdating of stock options, the Wall Street Journal  reported on Friday, citing people familiar with the situation.
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A California judge plans to order  Apple Inc  to turn over company board-meeting minutes  and records relating to stock options accounting to an  investor, according to a newspaper report on Tuesday.
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Apple Computer Inc.'s  board cleared Chief Executive Steve Jobs this week of any misconduct over stock options accounting problems and Wall Street cheered him for taking broad responsibility.
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Apple Inc.  said it had received informal requests from the U.S. government for documents and additional information on its past stock-options practices, according to a regulatory filing on Friday.
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The U.S. Department of Justice (DOJ) has subpoenaed Advanced Micro DevicesÂ as part of an antitrust investigation into the market for graphics processors and graphics cards, AMD said Thursday.
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In connection with what the two companies are only describing today as an investigation into potential antitrust violations, graphics processor producer nVidia and AMD â- the new parent of processor company ATI â- announced they have received subpoenas from the US Dept. of Justice.