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To: antiRepublicrat
Three: The shareholders suffered no loss of value due to the backdating, as proven by a lawsuit over it getting thrown out due to the inability to show any damages.”

Maybe you'd better read this:
The impact of the options backdating scandal on shareholders
http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V87-4V16627-1&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&view=c&_searchStrId=1067282904&_rerunOrigin=google&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=587c68309ac3aeb3782157d1393dbf0c

And this:
Apple Execs Sued for Losses Related to Backdated Options”
http://www.cultofmac.com/apple-execs-sued-for-losses-related-to-backdated-options/2214

And this:
July 2, 2008 10:20 AM PDT
Jobs, Apple directors face new backdating suit
http://news.cnet.com/8301-13579_3-9982877-37.html

Your knowledge of computer industry history really sucks.”

Yeah? Funny, I seem to know more about Apple's ILLEGAL stock option backdating than you do. Plus I have continued to clobber you with ease in every single topic have debated in this thread, including this very one about Apple's ILLEGAL stock options backdating.

28 posted on 10/27/2009 11:47:22 PM PDT by SmokingJoe
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To: SmokingJoe
Despite one ambulance chaser that Apple paid off so he'd quit lowering shareholder value himself through his baseless accusations, you need to remember four facts:

1. Backdating was LEGAL and common practice in tech companies. Only the reporting and accounting requirements had changed, throwing many companies off.

2. The court ruled that nobody could prove any loss to shareholder value due to backdating.

3. Apple's investigation found two people who had fudged paperwork concerning the LEGAL backdating and turned them over to the SEC.

4. The SEC cleared Apple and Jobs of any wrongdoing.

Your claim of illegal reeks of libel.

29 posted on 10/28/2009 10:37:45 AM PDT by antiRepublicrat
[ Post Reply | Private Reply | To 28 | View Replies ]

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