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Analysis: Apple SEC case playing out in public | |
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| Time: 09:31 EST/14:31 GMT | News Source: IDG | Posted By: Erick Cordero | ||
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Legal and business experts will have a lot to learn from how the case against former Apple lawyer Nancy Heinen grinds its way through the courts. Because most cases of stock options backdating by U.S. public companies have been settled out of court, and because Heinen is planning to fight her charges, the case could be one of few played out in open court, legal analysts say. Heinen was charged by the U.S. Securities and Exchange Commission (SEC) Tuesday with violating federal securities law for her part in falsifying documents about the backdating of stock options grants to Apple executives in 2000 and 2001. | ||
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