WASHINGTON, April 25 (UPI) -- U.S. regulators say they plan no civil charges against Apple Inc. but left uncertain the status of company Chief Executive Officer Steven Jobs.
The U.S. Securities and Exchange Commission spelled out its case of alleged fraudulent backdating executive stock options against the computer giant in a lawsuit against two former Apple executives.
While the suit indicates Jobs' involvement, it does not show that he had any knowledge of the fabrication of documents, The New York Times said.
But, an attorney for one of the two executives named in the lawsuit said in a statement the Apple chief had been "cautioned" about necessary procedure.
Named in the suit were Nancy Heinen, Apple's general counsel until last May, who will contest the charges, and Fred Anderson, chief financial officer from 1996 to 2004, who reached a settlement but admitted no wrongdoing.
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WASHINGTON, May 21 (UPI) --A member of Congress who led an investigation into the BP oil spill in 2010 expressed outrage that a judge threw out a charge against a former BP executive.
MUSCAT, Oman, May 21 (UPI) --The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.