Get Better Gear!

Premier Sponsors

TechRestore

Other World Computing

Top 5 Free Apps

Release Date: August 05, 2009
Genre: Games
Release Date: May 22, 2009
Genre: Games
Release Date: August 29, 2009
Genre: Games
Release Date: March 27, 2009
Release Date: August 07, 2009

iTunes New Music Releases

Release Date: September 29, 2009
Genre: Rock
Release Date: September 20, 2009
Release Date: September 15, 2009
Release Date: August 25, 2009
Genre: Rock
Release Date: August 25, 2009

Top 5 Paid Apps

Release Date: April 22, 2009
StickWars $0.99
Release Date: March 31, 2009
Genre: Games
Bloons $0.99
Release Date: April 05, 2009
Genre: Games

Discover New Music

  • Chicago Transit Authority

    • 10 out of 10
    • Chicago
    • For those of you who don't know, Chicago didn't always suck, and everyone in the band didn't always play a keyboard. When the band started off they were pioneers of rock and jazz fusion, and guita

  • Plans

    • 8 out of 10
    • Death Cab for Cutie
    • With the introduction of Plans, Death Cab for Cutie became a new addition to many user's Artist list after the single "Soul Meets Body" became a hit on iTunes. Offering a fresh alternativ

  • Spanks for the Memories

    • 8 out of 10
    • Asylum Street Spankers
    • The Asylum Street Spankers are...well...The Spankers. Hailing from Austin, where I saw them live dozens of times, the band played entirely acousti

  • The Dresden Dolls

    • 10 out of 10
    • The Dresden Dolls
    • The energetic duet of Amanda Palmer and Brian Viglione that make up the Dresden Dolls have created a wonderfully haunting sound in their self-titled album. They have been able to construct an imme

  • Guero

    • 10 out of 10
    • Beck
    • Beck is the modern master of the groove, and Guero is merely the latest example of this. From the opening power chords of "E-Pro," to the Pac-Man cuteness of "Girl," to the dirge-like lullab

Reader Specials

Visit Deals On The Web for the best deals on all consumer electronics, iPods, and more!

News

DOJ: No Backdating Charges Against Apple

The U.S. Department of Justice has wrapped up its investigation into Apple’s backdated stock options practices and will not be filing charges against CEO Steve Jobs, current executives, former executives, or the company. Word that the probe has concluded came from attorneys representing subjects of the investigation, according to the Wall Street Journal.

The investigation stemmed from Apple’s public disclosure in 2006 that some stock option grants between 1997 and 2001 had been improperly handled. The company contracted an independent investigation into the backdated stock incidents, and that team ultimately cleared Mr. Jobs of any wrong doing.

Both the Securities and Exchange Commission and the Department of Justice later began their own investigations into the backdated stock grant incidents.

While the DOJ investigation outcome is good news for everyone involved in the government probe, former general counsel Nancy Heinen is still facing civil cases from the SEC. Several current and former executives, including Mr, Jobs, are also facing potential court dates relating to private lawsuits, too.

The DOJ decision to not file any charges in its investigation clears the way for the company to finally start the process of leaving the incidents in its past, although it still has to deal with the headaches that come with the private law suits, and those could drag on for years.

Post Your Comments

  Remember Me  Forgot your password?

Not a member? Register now. You can post comments without logging in, but they'll show up as a "guest" post.

Commenting is not available in this section entry.