Apple’s Steve Jobs disclosures under fed review
ADOTAS — Apple’s disregard for investors in connection to Steve Jobs health issues might be leading to a full-blown federal investigation.
The Securities and Exchange Commission is examining Apple Inc.’s disclosures about Jobs to ensure investors weren’t misled, according to Bloomberg.
After many denials, speculation and more denial, Jobs announced that he was taking a leave of absence because of health issues. Jobs underwent surgery for pancreatic cancer in 2004, and Apple wasn’t forthcoming about his condition then either. They had previously said he had a hormonal imbalance, but he would stay as CEO for the foreseeable future. The future came two weeks later.
“The good news flipped by the bad news makes one wonder what Apple knew,” James Cox, a law professor at Duke University, told Bloomberg. “It’s not surprising for the SEC to come in and look afterward, given the pressure and publicity regarding their handling of a lot of cases,” such as criticism of the SEC’s response to Bernard Madoff’s alleged $50 billion Ponzi scheme.
Considering that Jobs could be worth $20 billion to Apple, and eventually this was going to come out, this whole saga was handle terribly. Jobs made himself the face of Apple, and has profited handsomely of it. The stock price rises and falls on the myth created around Jobs.
– Express your opinion, comment below
Reader Comments.
- Pingback from Indian Jobs » Blog Archive » Apple’s Steve bJobs/b disclosures under fed review » Adotas
I am a big fan of Apple and an Apple stockholder. I have written many articles on my site about Apple and Jobs. With that said, I do not believe that a team of doctors treating Jobs didn’t know what was going on. The SEC should investigate. I agree with that.
Leave a Comment
Article Sponsor
More News
-
Loading ...
Latest News
- Hulu’s Bringing Its “A” Game But… March 19th 2010 ADOTAS – Hulu’s sales team is actively subverting the ad [...] more »
- Yelp! A class-action suit? March 19th 2010 ADOTAS – One of three civil suits against Yelp filed [...] more »
- Viacom Accuses Google; Testing Digital Millennium Copyright Act March 19th 2010 Viacom has accused Google of turning a blind eye to [...] more »
- Google to Leave China April 10th? March 19th 2010 ADOTAS – According to the China Business News, Google Inc [...] more »
- [x+1] Creates The Smartest Tagging System Around March 18th 2010 ADOTAS – Today, if you happen to be at the [...] more »
- IAB’s Video Standards Tackled By ADTECH March 18th 2010 ADOTAS – ADTECH, a part of AOL Advertising and an [...] more »
- Google Search and Mobile and….TV? Oh My! March 18th 2010 ADOTAS – Google wants to dominate your screens…. Not just [...] more »
Features
- Growing Pains March 19th 2010
- For Better or For Worse? March 18th 2010
- Yahoo! Wants to Get More Personal March 17th 2010
- Creative Considerations for the iPad March 16th 2010
- Amazon Leaves Colorado Affiliates Out in the Cold March 12th 2010
Spotlight
AdBidCentral’s CEO, Vivek Veeraraghavan Talks Openly*What was the inspiration to start AdBidCentral? The conditions that inspired AdBidCentral came from a variety of factors in my personal [...] more...
Reader Favorites
Classifieds
- Communications Fellow
- Sr Director, Marketing Services
- Senior Web Analyst
- Account Director
- Director of Analytics
Recent Comments
- Durk Price: This is one early adoption I would do!
- Rolv Heggenhougen: Companies invest a great deal in their website which in many cases is their only
- docreiss: I find it interesting that the author ("Bob") indicates the reader may have the "patients"
- Jedd Gould: I think you miss the point. Publications have to charge because the content most are