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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Dec 30, 2006, 06:29 PM   #1
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Apple Gives Steve Jobs Clean Bill Of Health In Options Probe

Source: InformationWeek
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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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