10 FAS: 9 – Troy Wolverton, Neil Cavuto, and the Apple Stock Scandal

Daniel Eran Dilger
Google for ‘Apple Scandal’ and the results are overwhelmingly related to options backdating. Those backdated options from 1997 – 2001 resulted in Apple taking an $84 million charge against operations, but continued to monopolize the headlines for months with the panic that Steve Jobs might go to jail and Apple might be delisted from the NASDAQ stock exchange.
July 31, 2007 2 Comments
