Apple’s former chief financial officer, Fred Anderson, late Monday settled with the Securities and Exchange Commission regarding his alleged role in the company’s stock options backdating, according to a Wall Street Journal report.

WSJ reported that Anderson settled with the SEC and agreed to pay a fine of approximately $150,000 and to repay option gains of approximately $3.5 million.

Citing unnamed sources, the Journal reported that nder terms of the settlement, Anderson will not admit to any wrongdoing, and won’t be “barred from serving as a corporate officer or board member of public companies.”

The Journal report said that the SEC is expected to pursue a civil lawsuit against former general counsel Nancy Heinen, who unidentified sources say will be accused of manipulating one of her own option awards and a grant to CEO Steve Jobs, is likely to contest the charges.

Full article (subscription required) here.

[Thanks to MacDailyNews Reader "Dizzy D." for the heads up.]

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