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Current and former executives of Apple, including CEO Steve Jobs, agreed to pay $14 million to settle shareholder claims regarding stock-option backdating.
 

Current and former executives of Apple, including CEO Steve Jobs, agreed to pay $14 million to settle shareholder claims regarding stock-option backdating. A federal judge gave preliminary approval to the settlement. Apple’s liability insurer will pay the $14 million, plus $9 million for legal fees and expenses. (Reuters)

 

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