Apple CEO Jobs Questioned By Feds

Law360, New York (January 23, 2007, 12:00 AM EST) -- Apple Inc.’s Chief Executive Steve Jobs was grilled last week by the U.S. Department of Justice and the U.S. Securities and Exchange Commission over stock options backdating practices at the company.

Apple has been under scrutiny by the DOJ and SEC for its options activities, according to the company. According to a source close to the case, Jobs met with and was questioned by the two federal agencies.

The company granted Jobs 7.5 million options backdated by two months in 2001, and Apple confirmed that company...
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