J. R. Ransom's taosmultimedia.com - New Lawsuit Intensifies Scrutiny of Apple, Jobs

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Apple Tech News

New Lawsuit Intensifies Scrutiny of Apple, Jobs

A civil lawsuit containing new assertions about Apple Computer's stock options practices is putting the fabled company and CEO Steve Jobs under more intense scrutiny. The lawsuit claims that Apple in August 1997 improperly made grants to three senior executives a day before the company announced a major investment from Microsoft that boosted Apple's stock. Additionally, it states that Jobs netted US$300 million in profit by selling Apple shares on March 19, 2006.
Read more at: http://www.macnewsworld.com/rsstory/54991.html.

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