SAN FRANCISCO, Oct. 7 morning,UGG Bailey Button Triplet, according to foreign media reports, New York City Employee Retirement System (hereinafter referred to as \the date the options backdating class action settlement.
NYCERS than 4 years ago, this led a class action lawsuit against Apple. Suit alleges that Apple in 2001 to 2006 improperly backdating options dates for employees. Wednesday's announcement,UGG Online Shop, corporate counsel in New York City Michael? Cardoso (Michael Cardozo), said the settlement includes Apple paid to shareholders $ 14,000,000,uggs outlet nederland, and a series of status quo for corporate governance reform.
Cardoso said Apple executive compensation plan agreed to the terms of the welfare of closer attention, and modify the internal trade policy to better meet the requirements. Apple has yet to comment on the news.
$ 14,UGG Paris,000,000 addition to the compensation paid to shareholders in addition,UGGS Outlet Nederland, Apple also agreed to pay $ 2,500,000, sponsors a number of universities and corporate governance-related research projects. Sponsored by the university, including Columbia Law School and Stanford Law School and so on. Cardoso said that Apple will pay $ 4,000,UGGS Nederland,000 in legal fees.
the U.S. Securities and Exchange Commission is also the date of the Apple options backdating the conduct of an investigation,Bottes UGG, and in 2007, Apple's former chief financial officer of Fred? Anderson (Fred Anderson) and former General Counsel Nancy ? Haining (Nancy Heinen) proceedings.
means the date the options backdating company stock options granted to employees are not employees of the date specified in the date of entry, such an approach can improve the value of options. (Viking)
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