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Apple execs agree to settle stock options lawsuits
MacDailyNews — ... also promised to enact certain corporate governance reforms," Charny reports. "Apple Chief Executive Steve Jobs, Chief Financial Officer Peter Oppenheimer and Chief Operating Officer Timothy Cook are among the current Apple employees still named as plaintiffs in the case," Charny reports. "Former Apple CFO Fred Anderson and General Counsel Nancy Heinen are also named." Charny reports, "An Oct. 31 hearing has been scheduled to finalize the settlement." More in the full article here . [Thanks to MacDailyNews Reader "Jen" for the heads up.] ...

Apple: Let’s Rock This Backdating Settlement
Digital Daily — ... was a finaly tidying-up of the company’s options backdating scandal. A group of former and current Apple executives that includes CEO Steve Jobs, CFO Peter Oppenheimer and COO Tim Cook has reached a tentative settlement in a shareholder lawsuit filed over its stock-option irregularities. Under its terms they will pay $14 million in attorneys’ fees and damages. Well, the insurers representing them will, anyway. And they’ll pay it to Apple itself, because the shareholders sued those executives on behalf of the company. ...

Apple: Let’s Rock This Backdating Settlement
Digital Daily — ... was a finaly tidying-up of the company’s options backdating scandal. A group of former and current Apple executives that includes CEO Steve Jobs, CFO Peter Oppenheimer and COO Tim Cook has reached a tentative settlement in a shareholder lawsuit filed over its stock-option irregularities. Under its terms they will pay $14 million in attorneys’ fees and damages. Well, the insurers representing them will, anyway. And they’ll pay it to Apple itself, because the shareholders sued those executives on behalf of the company. ...