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Int'l Fish Liaison
Join Date: Jul 2004
Location: By the light of lamp I sit and type...
Posts: 16,149
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Apple Gives Steve Jobs Clean Bill Of Health In Options Probe
Source: InformationWeek
__________ An Apple Computer directors' committee cleared chief executive Steve Jobs of any wrongdoing Friday in its investigation of options granting but said the company will restate financial data and take an $84 million charge. In a statement, Al Gore and Jerome York said, "The special committee, its independent counsel and forensic accountants have performed an exhaustive investigation of Apple's stock option granting practices. The board of directors is confident that the company has corrected the problems that led to the restatement, and it has complete confidence in Steve Jobs and the senior management team."
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