SEC Reviewing Apple's (AAPL) Disclosures About Jobs' Health
Get Alerts AAPL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Join SI Premium – FREE
According to reports from Bloomberg, Apple's (Nasdaq: AAPL) disclosures about the health of its CEO Steve Jobs is under scrutiny by the SEC. The SEC is looking at how Jobs' condition went from "relatively simple" to "more complex" in nine days, a person familiar with the matter said.
A question regulators want to know is what Apple's board knew at the time of Jobs' Jan 5 announcement that he had a hormone imbalance and a Jan 14 statement the we was taking a five-and-a-half month medical leave.
Jobs went on to have a liver transplant during the leave.
The SEC review doesn't mean the agency will accuse Jobs or the company of wrongdoing.
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
You May Also Be Interested In
- Ascendis Pharma added to Russell 1000 and other indexes
- Orion Digital receives Nasdaq minimum bid price deficiency notice
- FDA approves Viridian's Lumvoa for thyroid eye disease
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
Steve JobsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share