Keyword: backdating
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An attorney urged a judge Wednesday to allow Detroit-area election officials to certify the Nov. 3 results, saying any halt would empower the "right-wing fire” trying to cast doubt on the outcome. A lawsuit claims Republican challengers were removed from the TCF Center in Detroit while absentee ballots were being processed. The court filing also alleges that ballots were backdated, signatures on ballot envelopes weren't verified and other irregularities. Attorney David Kallman wants a judge to order an audit of Detroit's vote and suspend any certification of election results by Wayne County until the work is done. "There's plenty of...
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Project Veritas Tuesday night released a video with USPS whistleblower Richard Hopkins asserting that he did not recant his allegations of election fraud, a lie that was published by the Washington Post. Additionally, James O’Keefe posted recordings of federal agents attempting to coerce and intimidate Hopkins into recanting. The tactics used to coerce and intimidate the USPS whistleblower is something you would see in a Communist country. Mail-in ballots must be postmarked by Election Day to be considered valid and counted, per US law. In the newly released recording, Agent Russell Strasser says that “I am trying to twist you...
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Agent Strasser: “I am trying to twist you a little bit” “I am scaring you here”...” we have Senators involved...DOJ involved...reason they called me is to try to harness that storm.”
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BREAKING TONIGHT: Project Veritas released an undercover bombshell video of a Pennsylvania USPS whistleblower exposing his anti-Trump Postmaster’s order to illegally back-date ballots. “The fraud is happening as we speak…they are going to be collecting and back-dating ballots in Pennsylvania TOMORROW according to our whistleblower,” O’Keefe said. “Ballots that are coming in today, tomorrow, yesterday, are all supposed to be postmarked the 3rd” the whistleblower said. “They still want us to pick up ballots tomorrow (Friday the 6th)” he added. WATCH:
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An U.S. Postal Service Insider told Project Veritas founder and CEO James O’Keefe his supervisor instructed mail carriers at his work site here that all new ballot envelopes should be segregated in bins, so that postal clerks could fraudulently hand-postmark them as received Nov. 3. The Insider said he was shocked when Barlow Branch morning supervisor Jonathan Clarke told a group of mail carriers how late ballots would be handled. Michigan law states that ballots must be received by 8 p.m. on Election Day, Nov. 3, to be counted. This deadline was affirmed by the Michigan Court of Appeals. “Our...
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Having spent some time trolling through the internet, what impressed me (and not in a good way), is how open the Democrats are about their election games. They are supremely confident that there is nothing that can stop them, no matter what they do. That may help explain how a doddering, corrupt old man may manage to beat one of the most successful presidents in American history. Here are a handful of examples to prove my point. Project Veritas reports that, in at least one Michigan post office, postal workers are segregating mail-in ballots that arrived late and stamping them...
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"U.S. regulators are examining Apple Inc.’s disclosures about Chief Executive Officer Steve Jobs’s health problems to ensure investors weren’t misled, a person familiar with the matter said," David Scheer and Connie Guglielmo report for Bloomberg. "The Securities and Exchange Commission’s review doesn’t mean investigators have seen evidence of wrongdoing, the person said, declining to be identified because the inquiry isn’t public," Scheer and Guglielmo report. "Investors have been pressing for information on Jobs’s health since June, when he appeared noticeably thinner at an Apple event. The company’s stock whipsawed this month after Jobs, who battled pancreatic cancer in 2004, said...
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Excerpt - The Justice Department has ended its criminal investigation of backdated stock options at Apple Inc., deciding not to bring charges against the company or several current and former executives it had been probing for two years, people familiar with the case said. ~ snip ~
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Excerpt - Just got a nervous call from my lawyers who said they wanted to give me a "heads up" about a "situation" at Broadcom. See more about it here. Basically the feds are going after some Broadcom execs over some options backdating stuff. I'm like, So what? I don't work at Broadcom. They're like, Um, well, see, Broadcom did its own internal investigation and already cleared these guys, and the SEC isn't buying it apparently, and though the company itself has already settled the whole thing the SEC is still going after the executives as individuals. Now you do...
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Flanked by lawyers, Apple Inc. CEO Steve Jobs came to the San Francisco federal building last week to be questioned by staffers from the Justice Department and the Securities and Exchange Commission about stock options that were backdated at the company, according to people familiar with the case. -snip- At issue in Apple's case is the granting of 7.5 million options to Jobs in 2001 that was backdated by two months. Company records were falsified to create the impression the options were approved at a board meeting that never occurred, Apple has confirmed. -snip- An Apple attorney, Wendy Howell, whom...
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Excerpt - Federal authorities are actively investigating a backdated stock-option grant awarded to Steve Jobs, Apple Inc.'s chief executive, that carried a false October 2001 date, people familiar with the matter say. Apple recently disclosed that records were "improperly" created to claim that the grant was approved at a special board meeting that month. But no board meeting took place then. ~ snip ~
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An internal inquiry gives him a pass in Apple's backdating scandal—but raises questions about whether he's getting special treatment In Silicon Valley, Steve Jobs is admired for many things: his storybook resuscitation of Apple Computer (AAPL), his billion-dollar-plus fortune, his rock star status as the driving force behind iconic products such as the iPod. Near the top of the list is Jobs’s famed ability to spin what admiring techies refer to as a "reality distortion field" to win consumers over to the Apple view of the world. But will it work with government regulators? As Jobs prepares to wow the...
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SAN FRANCISCO (MarketWatch) -- Apple Computer Inc. said Friday that Chief Executive Steve Jobs "was aware [of] or recommended" some favorable stock-option grant dates but cleared him and other current management of any wrongdoing. Apple also said it faked a special board meeting and would absorb $84 million in charges linked to misdated stock options. The findings alleviated some investor concerns, with AAPL84.84, +3.97, +4.9%) shares rising 5% to $84.84 Friday, punctuating a tumultuous week. "We believe that investors can now focus on the fundamentals, including pending product launches," in 2007, wrote Banc of America Securities analyst Keith Bachman, who...
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Excerpt - SAN JOSE, Calif. (AP) -- Apple Computer Inc. cleared Chief Executive Steve Jobs and the rest of its current management of misconduct involving stock option grants, despite Jobs' awareness of favorable grant dates. The company said Friday it has "complete confidence" in the executive team, though it also acknowledged the backdating of thousands of option grants and restated past earnings due to the results of its probe of options practices. In a filing with the Securities and Exchange Commission detailing its probe, Apple said Jobs was aware of, or recommended the selection of, some favorable grant dates but...
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- Defying expectations, GOP mainstay aggressively has pursued securities fraud - During more than 16 years in the U.S. House of Representatives, California Republican Christopher Cox was the quintessential conservative. After a stint as a lawyer in President Reagan's White House, Cox was elected nine times from the Republican stronghold of Orange County, where Richard Nixon was born, the airport is named for John Wayne and no Democrat has won the presidential vote since Franklin Roosevelt. After Republicans took control of the House in the 1994 elections, they chose Cox to lead the party's legislative policy-setting committee. When President Bush...
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Apple's Special Committee Reports Findings of Stock Option Investigation Fred Anderson Resigns from Apple Board of Directors CUPERTINO, Calif., Oct. 4 /PRNewswire-FirstCall/ -- Apple® today announced that the special committee of its board of directors has reported its findings after a three month investigation into Apple's stock option practices. The special committee of outside directors, together with independent counsel and accountants, examined more than 650,000 emails and documents, and conducted interviews with more than 40 current and former employees, directors and advisors. Apple initiated this voluntary independent investigation after a management review discovered irregularities in past stock option grants....
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Excerpt - SAN FRANCISCO (MarketWatch) -- Cablevision Systems Corp. awarded options to Vice Chairman Marc Lustgarten after his death in 1999, but backdated them to a date when he was still alive, according to a Thursday evening media report. ~ snip ~
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U.S. Securities and Exchange Commission (SEC) Chairman Christopher Cox told a Senate panel his agency is currently investigating more than 100 companies for possible fraudulent reporting of stock option grants. The total is 25 percent more than the the agency said it was probing a month ago. "The companies are located throughout the country, and include Fortune 500 companies as well as smaller [companies]," Cox told the Senate Banking Committee on Wednesday. "They span multiple industry sectors." Cox told reporters in San Francisco on July 20 when he announce the indictment of former Brocade Communications Systems Inc. executives in connection...
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Excerpt - Everyone knows the former Veep is on Apple's board, but he's also on the board's compensation committee. That raises the odds that he could land on the hot-seat if it turns out that Apple's stock options "irregularities" are of the sort that lead to civil or even criminal charges. In fact, former members of the comp committee at Mercury Interactive were notified by the SEC in June that they're likely to face civil charges. With that instance in mind, one SEC expert who requested anonymity says: “If there’s a problem at Apple, Gore's globe is going to be...
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See for example this thread first. Some high-tech CEO's complain the SEC's causing them pain But despite all they say-- (you can go thank Ken Lay) we don't care much if "they can explain."
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