After delving into the controversial Apple stock options document, The San Jose Mercury News has christened Steve Jobs essentially innocent of any wrong-doing.
The report states: “A Mercury News examination of a massive 2001 stock-options grant to Jobs that was backdated through bogus documentation - the central focus of the federal probe - shows there is scant evidence, if any, to support criminal charges against the Silicon Valley icon.”
After news of the analysis broke this morning, Apple’s stock jumped by $2. Apparently, Wall Street chose to ignore the still unresolved futures of former Apple General Counsel Nancy Heinen and former CFO Fred Anderson—their fates could become known as early as this week.
