* Apple in Continuing Difficulty Over Options Issue
posted by Thom Holwerda on Sat 3rd Feb 2007 16:45 UTC, submitted by alcibiades
IconApple has given warning that it could be removed from the highly regarded Nasdaq Global Select Market, as the maker of iPod and Macintosh acknowledged for the first time that it was the subject of a federal investigation into its stock option practices. The company, which last June revealed 'irregularities' in its stock option grants and took an USD 84 million (GPB 43 million) charge six months later, said that the investigation by the US Securities and Exchange Commission could lead to further restatements and delays to its financial reporting.
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