• Home
  • News
  • Apple’s Ex-GC to Use E-Mail in Defense

Article

Apple’s Ex-GC to Use E-Mail in Defense

Posted Apr 24, 2007 8:44 AM CST
By Debra Cassens Weiss

The attorney for Apple Inc.’s former general counsel told the Wall Street Journal (sub. req.) her client will use e-mails to show she did not backdate stock options to benefit herself or CEO Steve Jobs.

"Nancy Heinen did not backdate, and she will defend herself based on her actions, e-mails and integrity," Cristina Arguedas said.

Several published reports say the Securities and Exchange Commission will file a civil lawsuit against Heinen for her role in alleged backdating.

Apple’s former chief financial officer Fred Anderson has settled with the SEC, agreeing to forfeit options gains of about $3.5 million and pay a $100,000 fine, the WSJ says. He does not admit wrongdoing. Apple says Jobs did not exercise his options and did not commit misconduct.

Comments

There are no comments on this article.

Add a Comment

We welcome your comments, but please adhere to our comment policy.

Commenting has expired on this post.