Apple CEO Steve Jobs likely to avoid criminal charges in options backdating probe

Apple Store“Months into a federal investigation of stock options backdating at Apple, prospects for a criminal case against powerhouse CEO Steve Jobs appear dim,” Howard Mintz and Troy Wolverton report for The Mercury News.

“A Mercury News examination of a massive 2001 stock-options grant to Jobs that was backdated through bogus documentation – the central focus of the federal probe – shows there is scant evidence, if any, to support criminal charges against the Silicon Valley icon,” Mintz and Wolverton report.

Mintz and Wolverton report, “A close review of the events that led to the controversial grant reveals that the backdating emerged from a good-faith, although clumsy, attempt by Apple’s board of directors to reward their star CEO for resurrecting a moribund company.”

Full article which chronicles the history of Jobs’ options and more here.

[Thanks to MacDailyNews Reader “Cedric” for the heads up.]

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  1. It looks like the Mercury News is sad that they will not be convicting Steve Jobs for this.

    Unlike their love of Bill Gates (whose company went before the DOJ, was found guilty, and still got off light, then did not even comply with the federal judge that they bought off) they really don’t seem to like Apple.

    I recently met this guy that said that “He just did not like Apple so he would not buy their products.” No reason at all was given, just a dislike. Maybe its all that subliminal advertising by Microsoft that gets to those weak willed individuals. LOL

    Just a thought. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />


  2. I would like to say something to all the intelligent and relevant posters on this site

    Go FSCK yourselves.

    Yea, really. You read the FSCKing article tripe and you make some lame ass comment.

    You buy into the conditioning here and become brainwashed little lemmings in the process.


    Even a good fsck you FireEater would be nice, or Steve Jobs is a TurtleNecked Ninja Turtle in disguise.

    What you scared of being IP blocked?

    If your not surfing this site behind a offshore proxy with all the Javascript, cookies, plug-ins, ActiveX, pop-unders and overs automatically blocked, YOU A COMPLETE IDIOT.

    You know this page loads in mere seconds without all that crap?

    Doubleclick (aka Google) doesn’t have your history to give anything to the Feds.

    No nasty trick link mouse roll overs popping up either which MDN if famous for.

    Say what you want and you can never get booted because your IP revolves, even route a few proxies through one another!!!

    Live life free on the internet, surf anonymously with a proxy!

    You do know how to Google right?

  3. @FireEater

    So, is English your second language ?

    “ActiveX” ? .. Who uses that ? ..
    You stop by and grace us with your presence.. and then you call everyone here an idiot ?

    Whoa ! The pot calling the kettle black.. or what ?
    Obviously, youre a WinDoze troll ..

  4. I wouldn’t use a system with ActiveX on it.

    FireEater, if you use a system with ActiveX on it dump it ASAP.

    Live life free everywhere. Live Microsoft free. Drop those Homeland Security backdoors in your OS. Switch to Linux right now.

  5. If this whole matter blows by, and I hope it does, then the shorts will work to create another rumor of impending disaster to pound the stock. They live off the emotional backlash to investor fear. Try not to feed them.

  6. You Think?


    Oh please find something else to prattle about.

    Just a god I hate slow news days thought.

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