Company behind Grand Theft Auto agrees to pay a $3 million penalty fee to settle its case with the Securities and Exchange Commission, the agency announces.
Kent Roberts is the first executive to be acquitted on stock options backdating-related charges.
How did backdating stock options become such a pervasive problem? Are business schools teaching ethics? Richard Schmalensee, dean of MIT's Sloan School of Management, recently spoke with CNET News.com's Jim Kerstetter about today's business problems and innovation in Silicon Valley.
Apple CEO Steve Jobs told the SEC in a 2008 deposition that he had no idea Apple lawyers had falsified documents nor did he understand the accounting implications of backdating.
Tobak's take on Steve Jobs' role in the stock options backdating scandal at Apple
Apple's latest iPad reportedly runs on the warm side compared to previous models. Is this a bug or a feature? One thing's for sure--it's way too early to call it a full-blown controversy.
The company is denying a Bloomberg report that it approached Blackstone's chief financial officer, Laurence Tosi, to take over the role at Apple.
Canada's securities commission approves settlement, but BlackBerry maker also has made settlement offers to U.S. Securities and Exchange Commission.
Justice Department ends criminal probe of backdated stock options at Apple and declines to charge any current or former executives, including Steve Jobs, according to a Wall Street Journal report.
The lawsuits continue to pile up for Apple, as shareholders try to punish members of the board for the practice of backdating stock options in the early part of this decade.