Former Apple general counsel denies backdating involvement
Nancy Heinen, the former general counsel at Apple, filed court papers Friday denying charges by the Securities and Exchange Commission that she orchestrated stock option backdating at the company.
Bloomberg reported that the court papers deny the specific charge that Heinen ordered another lawyer in Apple's legal department to prepare documents authorizing a stock option grant to CEO Steve Jobs with an earlier grant date. However, the documents told a story of a board meeting that never took place, drawing the ire of the SEC and forcing Apple to record charges to reflect the true value of the options. … Read more