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Apple Execs, Former GC Seek Counsel in Face of Backdating Probe

The Recorder

August 9, 2006

For the last few months, the San Francisco U.S. Attorney's Office has been investigating whether Apple, like so many other Silicon Valley companies, changed the dates on stock option grants to employees in order to maximize executive payouts, according to lawyers familiar with the case. That investigation has chugged along quietly, but behind the scenes, Apple and some of its current and former executives, including a former longtime GC, are hiring some prominent attorneys.

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