Read The Recorder‘s roundup of the stock-option backdating scandal. There won’t be a test later … but there might be a subpoena.
Reached Wednesday afternoon, Heinen likewise declined to comment. “I’m in the grocery store, I’m not gonna talk,” she said with a small laugh.
A spokesman for the Northern District U.S. attorney’s office declined to comment on the Apple investigation.
The plaintiff bar immediately descended on Apple after the company first announced it had stock option problems at the end of June. A derivative suit filed in U.S. district court in San Jose does not name Heinen as a defendant, however.
But Jeffrey Krinsk, name partner at San Diego’s Finkelstein & Krinsk, said his firm plans to name Heinen in another derivative class action as an officer who had either been a recipient of backdated stock options, or who had known about Apple’s practices. The firm plans to file in state court by the end of the week.
“We believe there’s liability directed at her for her acts and practices in connection with backdating,” Krinsk said.
