Today in Apple history: Stock ‘backdating’ scandal hits Steve Jobs

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Steve_Jobs_2007
There was even some speculation Jobs could lose his, err, job.
Photo: Ben Stanfield/Flickr CC

December 28: Today in Apple history: Stock 'backdating' scandal hits Steve Jobs December 28, 2006: As the rest of the country enjoys a much-deserved holiday, Apple gets embroiled in a stock “backdating” scandal.

The news, centered on the dubious awarding of stock options to Steve Jobs, prompts Apple share prices to fall. Some people even suggest Jobs might have to step down as Apple CEO. Fortunately, that doesn’t happen.