posted by Thom Holwerda on Thu 6th Jul 2006 19:41 UTC
Apple is being sued over its awarding of stock options. Two separate suits have been started by shareholders which make claims against current and former officers of Apple, the company announced. The California computer maker has been caught up in a widening Silicon Valley controversy over the awarding of stock options during the dot.com boom. Some firms have already admitted awarding options at lower than market values in order to maximise their worth to employees. Apple is the biggest name to be involved in the growing scandal.
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