Backdating option scandal stock
Anderson settled his case, but Heinen is still on the hook and expects to go to trial sometime next year.Mather, Anderson and Heinen, through their lawyers, have strenuously denied wrongdoing.
SAN FRANCISCO (Market Watch) -- Steve Jobs has managed to revolutionize both the consumer electronics and entertainment industries, but the onetime wunderkind can't seem to shake the stigma of the stock-options backdating scandal that enveloped Silicon Valley in recent years.
This week, another former confidante to Jobs came under the microscope of federal regulators.
Like Jobs, she is said to be a tyrannical, if genius, business leader.
As the co-founder and former CEO of Martha Stewart Living Omnimedia As criminal securities-fraud cases go, prosecutors obviously felt they had a solid case in which they could prove intent, the toughest burden faced in criminal cases.
But their weightiest charges of securities fraud were thrown out.