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Summary:

Apple’s been riding high for so long, they had to be knocked-down a peg sooner or later. News from Forbes is that some former Execs from Apple may have forged documents that would effect the stock options pay-out. While Apple is cooperating with the SEC, Steve […]

Apple’s been riding high for so long, they had to be knocked-down a peg sooner or later. News from Forbes is that some former Execs from Apple may have forged documents that would effect the stock options pay-out. While Apple is cooperating with the SEC, Steve Jobs has obtained private counsel from that provided by Apple Computer Corporation.

The stock price of Apple shares has tumbled 5% in just one day from this news. Hopefully information released in a couple weeks at MacWorld will bolster the Stocks and bring it back to an upward tilt once again.

Via TUAW

By Nick Santilli
  1. Nick -

    Check the markets before you make your post… Analysts came out and said 1) the fears are overblown, and 2) Jobs has, worst case, a 5% chance of being implicated. Apple shares recovered and ended the day essentially unchanged.

    You are about 8 hours behind on this story there buddy…too much eggnog perhaps?

    -N

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  2. NRF – Can you really have TOO MUCH egg nog? I don’t think so.
    Actually saw it pop up on my Google Finance page this afternoon when I finally got a few minutes away from work (darn paying the bills comes first). Then saw it in my TUAW feeds as well.

    But good news on both points there. Thanks for sharing.

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