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.
Wrong …
“Dozens of companies have come under scrutiny in recent months over former practices regarding stock options, including such heavyweights CA (Computer Associates), Home Depot, Intuit, Juniper Networks, L3, McAffee, Microsoft, and VeriSign. ”
http://www.thinksecret.com/news/0606options.html
…and only the lawyers are going to profit.
Ahh another of Thom’s Apple bashing article. There are dozens of companies being investigated but you feel that Apple is the only deserving attention…
Sorry, just another another poor Apple related article linked by Thom Holwerda (and he can even blame it on ‘The Register’). Trying to imitate John Dvorak’s tacticts huh?
Flame and mod me down all you want, I’m not looking at this article again. Give me real OS News!
Edited 2006-07-06 21:26
Governa,
when Thom reads your post, watch your relivant comment go from highly scored by the community to instantly burried by the <strike>community</strike>.
Relevant.
Perhaps you should’ve bothered to read the post I was replying to
Some people. Geez.
I wasn’t even replying to you.
I tire more of you, trying to throw “we the people” around. You remind me of a ten year old I know.
Ahh another of Thom’s Apple bashing article. There are dozens of companies being investigated but you feel that Apple is the only deserving attention…
How many of those dozens of other companies in this probe make operating systems?
If they don’t make operating systems, why should they be mentioned here?
“If they don’t make operating systems, why should they be mentioned here?”
Microsoft makes OS…
MS isn’t being sued. Apple is. Geez…..the Apple fanboys have really got their panties in a wad over this for no reason.
Wish there wasn’t only an option to praise the articles picked by the editors here. Maybe a “Not Recommended” option is worth considering.
Hi Kelly.
Was that meant to be directed to me?
This site is getting so TRASHY with all the Apple-BASHIN!
Reporting news constitutes Apple-bashing?
ugh-huh.
I think he’s referring to Thom choosing Apple news that continually makes it look bad… ar at least worse than everybody else.
Sure, Apple is being sued for a Widening stock option probe, but they are one among many, (several of which are worthy of reporting on this site) that are also being investigated.
Thom chose the article that focused on Apple…. (which isn’t worthy of being regarded as the “biggest name in the scandal” as the summary says.
Bashing may be a bit too harsh a word… selective reporting is a more appropriate one.
Edited 2006-07-06 23:45
I hope you never find Mac Slash or Digg if disproportionate reporting of Apple-related news is a sign of “bashing.” Oh no, Apple is being sued! The devils!
This subject is off-topic. There’s that meta whatever site and e-mail for expressing complaints about the site. Complaints about the summary, the contents of the discussion, or the contents of the linked-to text are up for grabs.
“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.”
This is a wrong statement!!! I dont think that it is a good idea to quote the Register Thom, because when it comes to Apple, their information is rather far from the reality. What they call controversy is in fact the result of Apple`s own investigation about some suspicious awarding of stock options. So Apple has not been caught as they say, this strory has first been brought to the light by Apple itself!!!! Its quite a big difference and not quite a scandal as they try to make people believe!!!!!
Also as noticed in the previous messages, Apple is certainly not the only big name involved, this just a stupid guy in TheRegister trying bashing Apple.
I think that OSNews should be a little bit more careful in the selection of the news to be submitted. I mean when we have such a crap from theRegister, i dont think it deserves to be linked in OSNews!!!!!!
Somethings needs to be done about these options.
How about CEO’s giving their own shares to employees to motivate them instead printing out options on their inkjet printers 24/7.
I think we will see the end of this nonsense then.
I still find it amazing that people will get worked up over something that will be forgotten by next week.
The news is fine, but I do find it slightly misleading, its made out to be that Apple are the bad guys and it’s only them, when in fact there are multiple companies in the same vote.
Still worth the news, but it seems to be directed towards Apple, maybe out of some spite from how you don’t like your Macbook?
“Reporting news constitutes Apple-bashing?”
If you explicitly state that “Apple is the biggest name to be involved” when it in fact involves companies like Level3, Juniper,CA and Microsoft, yes, it’s obviously bashing. Unless you’re totally deluded and unaware of the real world all of those companies are significantly larger than Apple.
Editors have linked to a story in the Register quoting from it accurately as they do from all stories. They don’t endorse it, they just link to it as a service.
The lobby seems to want this story and similar stories not to be linked to.
Go figure.
There is nothing wrong with this news story. There are no other companies sued yet, only Apple is being sued. Hence, this story is 100% correct. Don’t get pissed off at me if your pet company gets sued.
Edited 2006-07-07 09:07
But regardless, are people objecting to the story? In which case, write to The Register and object.
Or are they objecting to the fact that it has been linked to? In which case, do they really expect the Editors to vet every story they link to for accuracy and completeness?
Obviously this is not that kind of site, its a site that carries links to a great number of stories with varied provenance and of varying accuracy. Readers are supposed to be interested, stimulated, and make up their own minds about accuracy.
I cannot see the problem with this story.
I think the problem was that THAT particular story was chosen with so many innacuracies and misleading comments.
>”Obviously this is not that kind of site, its a site that carries links to a great number of stories with varied provenance and of varying accuracy.”
A valid response, yet the problem is that this site seems to be picking stories that have varying levels of accuracy for a particular company.
Edited 2006-07-07 17:50
Apple is the biggest company involved currently being sued != Apple is the biggest company involved.
Apple is the biggest company involved currently being sued != Apple is the biggest company involved.
You are misqouting. Biggest company != biggest name. The article says: “Apple is the biggest name to be involved in the growing scandal.” And it indeed is. Wasn’t there some research a few months back that said Apple is one of the most recognizable names/brands in the world?
Ok, so we got that covered, now let’s get back on topic.