This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Options Take Bigger Bite Out of Apple

And whether Jobs benefited from backdated options may be immaterial if federal regulators come calling. Regulators have indicated that they are focusing more on whether insiders defrauded investors in how they disclosed or accounted for backdated options than whether they profited from them.

For instance, the criminal charges federal officials recently filed against former executives at Brocade (BRCD - Get Report) came despite the fact that neither of the executives was accused of benefiting from the backdating that led to the charges.

The companies caught up in the backdating scandal are accused of issuing to insiders options to buy company stock at prices that were known weeks or months after the fact to be near-term lows.

Although backdating by itself isn't necessarily against the law, investigators are trying to determine whether companies defrauded investors either by not properly disclosing backdated grants or by not accounting for them properly.

Investors have blamed the recent selloff in technology stocks in part on the broader backdating probe and the constant trickle of new backdating allegations.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.88 0.96%
BRCD $9.30 -7.80%
FB $105.74 -1.13%
GOOG $748.29 -1.00%
TSLA $218.25 0.23%


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs