Apple is being sued in two separate legal actions over the way that it awards stock options
Lawsuits concern Apple's awarding of stock option grants

Apple sued over stock option awards

Two separate cases brought in the US

Written by Matt Chapman

Apple is being sued in two separate legal actions over the way that it awards stock options. 

The cases have been filed in the US District Court for the Northern District of California and the Superior Court for Santa Clara County

Advertisement

Both suits make claims against current and former officers and directors with respect to the company's awarding of stock option grants.

Apple announced last week that it had discovered irregularities in the issuance of certain stock option grants, and insisted that it is conducting an independent investigation into the matter.

The company said in a statement that it is evaluating its response to the lawsuits.

Tags:

Related whitepapers

Related jobs

Do you agree?

IT white papers

Search vnunet IThound

Top categories

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Watch

Podcast image

28 Nov 2008

12.57 MBComputing podcast - Standard Life's offshoring plans; and the prospects for government IT More...

Shaun Nichols and Iain Thomson

28 Nov 2008

7.11 MBPodcast Special: Views from the Valley More...

Shaun Nichols and Iain Thomson

21 Nov 2008

9.11 MBPodcast Special: Views from the Valley More...

Poll

Microsoft

Unified Communications: Collaboration

Unified Communications: Collaboration

What is the main advantage of using collaboration technologies?

Previous poll results

Spotlight

Businessman

CIOs failing to safeguard valuable IT skills

Only 13 per cent hire staff who understand IT business...  More...

UK Oracle User Group Conference and Exhibition

Oracle scores highly with users

UK user group survey shows positive feedback   More...

O2 Mobile Broadband USB modem

O2 offers pay-as-you-go mobile broadband

3G USB modem costs £29.99 and tariffs start at £2...  More...

BlackBerry Storm

Top 10 vnunet.com articles, 28 Nov 08

This week, BlackBerry Storm review, Apple iPhone update and the...  More...

Primary Navigation