Close the book on the government's Apple-related backdating litigation. The SEC announced a settlement Thursday with Nancy Heinen, former general counsel at the Cupertino, Calif.-based leviathan. Under the terms of the deal, Heinen will pay $2.2 million in disgorgement and fines. She will also be barred from serving as an officer or director at a public company for five years, and will not be allowed to practice before the commission for three years.
August 15, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Close the book on the government’s Apple-related backdating litigation.
The Securities and Exchange Commission announced a settlement Thursday with Nancy Heinen, former general counsel at the Cupertino, Calif.-based leviathan. Under the terms of the deal, Heinen will pay $2.2 million in disgorgement and fines. She will also be barred from serving as an officer or director at a public company for five years, and will not be allowed to practice before the commission for three years.
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