Apple says U.S. govt sought options info-filing
677328
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.
116268
SAN JOSE, Calif. - In a filing with the Securities and Exchange Commission, Apple Computer said Friday it will delay its annual 10- K financial report by more than two weeks while it reviews the findings of its investigation into stock option grants.
84670
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.
335515
(InfoWorld) - 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. "I apologize to Apple's shareholders and employees for these problems, which happened on my watch," Jobs said in a statement, released Wednesday. "They are completely out of character for Apple." A three-month investigation by Apple's board of directorsÂ found that the company had backdated option grants made on 15 dates between 1997 and 2002. Its findings raised "serious concerns" about the roles that two former officers had played in the matter, Apple said. Apple did not identify these former officers, but the company's chief financial officer at the time of the grants, Fred Anderson, has resigned from Apple's board of directors, saying that this is "in Apple's best interests," Apple announced Wednesday. Although investigators found no misconduct by any member of Apple's current management, Jobs was aware of "a few instances" of the practice, Apple said. Jobs did not benefit from the backdated grants and "was unaware of the accounting implications." A number of Silicon Valley companies have been embroiled in the growing controversy over the practice of backdating, or allowing employees to be granted stock options dated from an earlier time, when the trading price of these options was lower. McAfee Inc.,Â Broadcom Corp.,Â Sycamore Networks Inc.Â andÂ Rambus Inc., have been implicated in the scandal, and last June criminal charges wereÂ filed against executives from Brocade Communications Systems Inc.Â in connection with that company's stock option granting practices. Apple believes it will have to restate its past SEC filings in order to record charges for its option grants. The company is working "to ensure that this never happens again," Jobs said. Â
581841
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.
188811
Cisco Systems Inc and Apple Inc have returned to the negotiating table over Apple's use of the "iPhone" trademark for its smartphone-video iPod device, and Apple has been given more time to respond to Cisco's lawsuit.
37163
Apple Computer finds problems in the way stock options were granted, an internal investigation shows.
749186
Apple Computer has filed a civil complaint against unnamed individuals who leaked details of upcoming products by posting the information online.
640730
(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.
170167
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.
713534
(InfoWorld) - Apple and Cisco have pushed back a deadline in their legal battle over the iPhone in order to keep working toward a settlement. Cisco sued Apple last monthÂ in U.S. District Court for the Northern District of California over its use of the iPhone name, which Cisco uses for some of its own products. The companies have now agreed to give Apple more time to respond to Cisco's suit so the two parties can keep talking in hopes of reaching an agreement on trademark use and interoperability, they said in a brief joint statement Thursday. Cisco's Linksys consumer products division sells VoIP phones under the iPhone name, whichÂ the company said it acquired in its purchase of Infogear in 2000. AppleÂ introduced its iPhone to great fanfareÂ at theÂ Macworld conferenceÂ last month, and Cisco later said the companies had been negotiating use of the name before the show but never reached a deal. According to published reports, Cisco would have been willing to license the iPhone name in exchange for Apple making the handset interoperate smoothly with Cisco's products. Linksys is the biggest seller of consumer Wi-Fi access points and is expanding its home product line into the voice and entertainment realms. Apple's iPhone is equipped with Wi-Fi and includes audio, photo, and video player software. Neither Apple nor Cisco could immediately be reached for comment. Â
138054
Talks between Apple and Cisco over the trademark of the iPhone name are extended to try to reach an agreement
492562
By Ryan Blitstein, San Jose Mercury News, Calif.  Feb. 1--Cisco Systems is giving Apple until Feb. 15 to respond to a lawsuit over the trademark to the name "iPhone," according to a federal court document filed late Wednesday.
397280
SAN JOSE, Calif. _ In a filing with the Securities and Exchange Commission, Apple Computer said Friday it will delay its annual 10-K financial report by more than two weeks while it reviews the findings of its investigation into stock option grants.
759313
By Associated Press  SAN JOSE, Calif. -- Apple Inc. has a few more days to respond to Cisco Systems Inc.'s trademark infringement lawsuit that threatens to keep Apple from using the name "iPhone" on its much-hyped cell phone-music player.
664056
Apple Computer Inc.  on Friday  told securities regulators it would not file its quarterly  results on time as it reviews irregularities related to some  past stock options grants.
588667
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.