Stock Options at Apple

>On 30-Apr-2007, at 14:49, TidBITS Editors wrote:
>>At the same time, the company's stock option backdating scandal
>>advanced as the SEC brought charges against two former Apple
>>employees (neither of whom is named Steve Jobs).
>
>Just as a note, this does not mean that The Steve is completely in
>the clear. However, it has to be looked upon as a positive step.

Yep. As the article says:

"Apple earlier found several instances of backdating, but cleared
current management, including CEO Steve Jobs. The SEC said Apple
cooperated in the investigation, and it has no plans to charge the
company. Other charges against individuals could still come,
including Jobs and other members of current management."

I don't think we've heard the last of this yet, unfortunately. I
could see a settlement though, since as Glenn noted, the SEC allows
this "when the agency perceives public interests are served by
closing the affair instead of proving guilt or losing a case." Jobs
is one of the highest-profile executives mixed up in this from what
I've seen.

cheers... -Adam