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STORIES ABOUT: Stock Options
Electronic Arts CEO Gets Company Shares
On Tuesday, Electronic Arts Chief Executive Officer, John Riccitiello has purchased some 1 million dollars worth of EA shares in trading, according to financial documents that are of public domain. The top executive has added exactly 20,000 shares to hi ... [read more >>]
26 May 2008, 16:06GMT | (c) 2008 Softpedia
Former Apple CFO Anderson Points Finger at Steve Jobs
Close on the tail of the Securities and Exchange Commission announcement that it had settled claims against Mr. Anderson arising from his tenure as Chief Financial Officer at Apple came this statement attributed to his lawyer. "Fred Anderson has a long-standing impeccable reputation and is widely regarded as one of the most ethical CFO's in the nation whose extraordinary contributions to Apple's succe ... [read more >>]
25 April 2007, 08:23GMT | (c) 2008 Softpedia
No SEC Stock Options Case Against Apple
It looks like the dust is beginning to settle, as the U.S. Securities and Exchange Commission said that it will not be filing an enforcement action against Apple Inc. Usually, stock-options backdating investigations wreak havoc with a company’s stock price; however, with Apple, this was not the case. Even after Apple first announced that it is conducting an investigation, and then later when the SEC one started, the Cupertin ... [read more >>]
25 April 2007, 08:08GMT | (c) 2008 Softpedia
Apple’s Former CFO Settles In SEC Backdating Investigation
It looks like Apple’s former chief financial officer, Fred Anderson, settled with the Securities and Exchange Commission regarding his alleged role in the company's stock options backdating. The SEC is also expected to bring legal action against the company's former top lawyer for her alleged role in rigging options. According to a Wall Street Journal report, Fred Anderson, settled with the Securities and Exchange Co ... [read more >>]
24 April 2007, 08:31GMT | (c) 2008 Softpedia
Criminal Charges Against Jobs Unlikely
After many months, the federal investigation of Apple’s stock option backdating, the prospects for a criminal case against Steve Jobs seem dim. The federal probe showed that there is little, if any, evidence to support criminal charges against the CEO. Despite the fact that Jobs approved widespread backdating at Apple, there seems to be no evidence that he directed the backdating of his own grant or covered it up afterwards. ... [read more >>]
23 April 2007, 11:41GMT | (c) 2008 Softpedia
Jobs Gets $1 Salary
A lot of things may have changed about Apple and their products over the past year, however, some things have not. The Cupertino Company announced yesterday that Chief Executive Steve Jobs got a salary of $1 last year, same as in 2004 and 2005. The new SEC disclosure rules require companies to provide a total compensation number, among other things, but this does not apply to Apple’s 2006 proxy statement, only to its 2007 fil ... [read more >>]
17 April 2007, 07:19GMT | (c) 2008 Softpedia
Apple Opposes Shareholder Proposed Option-Grant Changes
The annual proxy statement, released by Apple yesterday, included a proposal by two shareholders groups that would alter how stock-option prices are determined for senior Apple executives. Apple has opposed the proposal, arguing that it has no bearing on their current practices. This proposal, sponsored by the New York-based Amalgamated Bank LongView Collective Investment Fund and the Connecticut Retirement Plans and Trust Fu ... [read more >>]
17 April 2007, 06:57GMT | (c) 2008 Softpedia
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