SEC Still Looking Into Jobs? - MacRumors
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SEC Still Looking Into Jobs?

According to a report from Bloomberg, Steve Jobs was questioned by the SEC last week regarding the ongoing stock options backdating investigation.

The meeting, which took place the same week Apple announced record sales of its best-selling iPod music player, shows the U.S. government is still seeking information about Jobs's role in the backdating even after the company's report clearing him and others, said Nell Minow, editor at the Corporate Library, a corporate governance research firm in Portland, Maine.

"It is after all the SEC's view on his culpability that matters, not the internal investigation at Apple," Minow said.

An independent investigation by Apple cleared current management from wrongdoing, but had found serious concerns regarding the actions of two former officers (later identified as former CFO Fred Anderson and former general counsel Nancy Heinen).

Nevertheless, Jobs has reportedly hired independent counsel beyond Apple's lawyers to deal with his involvement in the matter. Apple's board has previously expressed confidence in Jobs.

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