SEC not to file charges against Apple over stock options scandal

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jobs.jpgThe Securities and Exchange Commission will not file charges against Apple according to the New York Times, which is good news for Apple, Inc. – but that doesn’t mean this whole mess is over just yet.

As previously mentioned, the SEC is going after Nancy Heinan (who claims to have just been ‘following orders’ from higher up) and Fred Anderson, who has settled his issues with the SEC after agreeing to pay fines. Anderson has pointed the finger at Apple CEO Steve Jobs, so he is still not out of the clear just yet.

Although it should be noted that there is little evidence to support his guilt, and it is unlikely that the SEC will pursue him.

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Kokou Adzo

Kokou Adzo is a stalwart in the tech journalism community, has been chronicling the ever-evolving world of Apple products and innovations for over a decade. As a Senior Author at Apple Gazette, Kokou combines a deep passion for technology with an innate ability to translate complex tech jargon into relatable insights for everyday users.

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