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Apple Shareholder Lawsuit Dismissed
explosivejared wrote with a ZDNet article about Apple's win in the shareholder stock-options backdating lawsuit. This jives with Apple's own internal investigation of the matter. "The New York City Employees Retirement System had sued Apple claiming that the company's practice of backdating stock options diluted the value of the stock. Apple has admitted that it improperly backdated stock options on several occasions, including two awards to CEO Steve Jobs, and last December it took a $84 million charge to account for the options. But the suit had to show that Apple shareholders lost money in order to recover damages ..."
If those greedy bums are so upset about making all that money just because they could have made a bit more, may they should teach Jobs a lesson and backdate their own shares and sell them to me for what they paid for them. That'll teach Apple a lesson! I tell ya, I know the stock market is more or less working as intended, but the gall of some rich people who live off of interest is astounding. Pigs at the trough, man, pigs at the trough.
endlees conflict ANOTHER SPECIAL Grandstanders, the
Oh that's right, this is Slashdot and every story with the word 'Apple' in it must be given attention...
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Thanks dude! I know slashdot is full of rimmers, but I thought I was the only one that went all the way. It's nice to know there are others out that enjoy OS X and eating shit. Now if you'll excuse me, I'm headed off to starbucks to find me some supper. Wish me luck!