Vonage wins permanent stay; Ex-Apple CFO blames backdating on Jobs

Opinion
Apr 24, 20071 min

Vonage wins permanent stay; Ex-Apple CFO blames backdating on Jobs

Vonage wins permanent stay

Vonage this week received a permanent stay of injunction from the U.S. Court of Appeals for the Federal Circuit in Washington D.C. that would have barred it from signing up new customers.

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Ex-Apple CFO blames backdating on Jobs

Apple CEO Steve Jobs told former CFO Fred Anderson to backdate stock options, according to a statement issued Tuesday by Anderson’s attorney.

The U.S. Securities and Exchange Commission reached a settlement with Anderson in the stock-options case, the SEC said Tuesday and soon after it officially announced that deal, the former Apple executive’s lawyer issued the statement on his behalf. The SEC also charged former Apple general counsel Nancy Heinen with fraudulently backdating options.

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