Apple under investigation

Apple may still have questions to answer as reports surface that it falsified documents.

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By  Published  January 18, 2007

Apple may still have questions to answer as reports surface that it falsified documents.

Allegations claim that employees at Apple forged documents to cover up the backdating of stock option grants

Federal investigators are looking particularly closely at an options grant made to CEO and co-founder Steve Jobs, according to the Wall Street Journal.

The news has raised speculation that Jobs could still suffer the fate of a number of company executives who have resigned over the scandal and comes just a week after Apple submitted a filing to the US Securities and Exchange Commission (SEC) in which the company announced that it was restating its earnings for the past three years for wrongly accounting for stock options.

In the filing Apple also reiterated the findings of an internal investigation into its stock options practices last year that cleared current management, including Jobs, of any wrongdoing.

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