[jamesmcdeee]

Hi all, It's been a very long time since I have been on here...

I am a University student, and I have an ethics assignment coming up in about a month. We basically have to find something related to business that has hit the news within the last year, and obviously has to have something to do with business ethics.

Here I am thinking, what a great chance to research more into the backdating 'scandal' at Apple... (can I say that, is it a scandal yet?).

I have to find articles from credible sources online so I'm doing the usual rounds on American, British & German online news sites. They all have to have something to do with my topic.

Can you guys please elaborate on the current situation for me? I am wondering at what stage this is all at. Is Steve Jobs out of the woods yet? Is any criminal prosecution likely for him? What about other execs...

As you can probably tell, this story has not been one of those things I have read much in to, however I have heard the odd bits.

If you guys can assist in my questions that would be great, and perhaps share some of your own findings? (i.e. good news articles).

Thanks a lot,
J

[mduell]

SEC link for the investigation

Fred Anderson (former CFO) has settled with the SEC; he paid back all his ill gotten gains along with a fine ($150k IIRC).

Nancy Heinen (former general counsel) still has an SEC case being pursued against her. I believe she's facing jail time and being barred from acting as an officer of a public company if convicted.

Steve Jobs had been cleared by the SEC, but they have reopened the investigation into his activities due to a statement Fred Anderson made after his settlement. I don't think he's likely to face jail time or being barred from being an officer, but there may be fines.

[KeriVit]

Why does your research have to be online? Seems a bit unreliable and easy.