SEC Demands Details On Apple, Nokia Patent Deal

Law360, Los Angeles (October 3, 2011, 9:52 PM EDT) -- The U.S. Securities and Exchange Commission asked Apple Inc. for information about the financial terms of its settlement with Nokia Corp. that resolved a hotly contested patent battle earlier this year, according to filings released Monday.

In an email to Apple's Chief Financial Officer Peter Oppenheimer dated June 28, the SEC asked for details related to the settlement including its size, any amounts that were accrued and the periods in which they were recognized.

Additionally, the agency requested a timeline of the the negotiations with Nokia...
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