Apple Execs, Former GC Seek Counsel in Face of Backdating Probe

For the last few months, the San Francisco U.S. Attorney’s Office has been investigating whether Apple, like so many other Silicon Valley companies, changed the dates on stock option grants to employees in order to maximize executive payouts, according to lawyers familiar with the case. That investigation has chugged along quietly, but behind the scenes, Apple — and some of its current and former executives, including a former longtime GC — are hiring some prominent attorneys.

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Apple Execs, Former GC Seek Counsel in Face of Backdating Probe

For the last few months, the San Francisco U.S. Attorney’s Office has been investigating whether Apple, like so many other Silicon Valley companies, changed the dates on stock option grants to employees in order to maximize executive payouts, according to lawyers familiar with the case. That investigation has chugged along quietly, but behind the scenes, Apple and some of its current and former executives, including a former longtime GC, are hiring some prominent attorneys.

Popularity: 1% [?]

Related Posts


Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>




Most Recent Posts