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Mac OS Compatible » News » November 2007 » Shareholders to Refile Claims in Apple Options Case

Shareholders to Refile Claims in Apple Options Case

Posted by Bob on: 11/21/2007 07:24 PM [ Print | 0 comment(s) ]

Attorneys in a shareholder lawsuit against Apple over its backdating of stock options said Tuesday they plan to refile some of the claims. The shareholders claimed in the June 2006 lawsuit that company directors and officers committed fraud when they backdated some awards made between 1997 and 2001 to time the options when prices were low and boost later payouts.

Shareholders to Refile Claims in Apple Options Case






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