Jobsgate Update: Chief Absolved
December 30th, 2006
For those keeping up with Steve Jobs and Apple stock option backdating story:
Apple Computer said Friday that a special committee of its board had found that its chief executive, Steven P. Jobs, was not responsible for improper dating of stock options at the company.Investigators, led by a committee of outside directors and the law firm Quinn Emanuel Urquhart Oliver & Hedges…absolved Mr. Jobs by concluding that there had been “no misconduct” by Apple’s current management team.
So that’s that. Wear your mock turtles with pride again.
Apple Panel on Options Backs Chief [nytimes]