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Up until about a year ago, Nancy Heinen, Apple's former general counsel, made regular appearances on the Law Blog for her alleged involvement in the Apple backdating scandal. (Click here and here for past posts.) Today, it's over. Heinen has agreed to a settlement with the SEC in which she'll pay $2.2 million ... ,000 in interest and a $200,000 civil penalty. According to this Reuters report, Heinen also agreed to be barred from serving as an officer or director of a public company for five years. ...

... 's prediction a week ago, the San Francisco Chronicle reports that former Apple GC Nancy Heinen can expect an SEC suit sometime this week, and former CFO Fred ... in August 2001, wasn't finalized until December, but then was backdated to October. Heinen's defense, the paper says, will be that SEC rules and Apple policies allow a ... the time worked. Either way, it doesn't explain the way a lawyer under Heinen faked minutes to a nonexistent October board meeting to justify the October date. Surely the ...

... above alleged backdating episodes Apple failed to record extra compensation expenses from the options grant. The complaint says that Heinen understood the accounting implications of awarding an in-the-money options grant - i.e., that Apple would have to record an ... at Ramsey & Ehrlich, issued a statement yesterday. Here it is in full: It is simply unfair to single out Nancy Heinen for enforcement action from among the thousands of executives in hundreds of companies all over this country who've ...

... in the District Court for the Northern District of California San Jose Division alleging that Apple General Counsel, Nancy Heinen and CFO, Fred D. Anderson engaged in improper stock option backdating by using false grant dates that ... of $200,000; and Bars her from serving as an officer or director of any public company for five years. Finally, Heinen agreed to a separate administrative order that "suspends her from appearing or practicing before the Commission as an attorney for three years." ...

... business experts will have a lot to learn from how the case against former Apple Inc. lawyer Nancy Heinen grinds its way through the courts. Because most cases of stock options backdating ... .S. public companies have been settled out of court, and because Heinen is planning to fight her charges, the case could be one of few played out ... didn't deceive anyone inside or outside of the company. "Every action Nancy took was fully understood and authorized by Apple's board," Ehrlich stated. (...) [An SEC] ...

... case told The Associated Press Thursday. Jobs was subpoenaed as part of the discovery process in the SEC's civil case against Nancy Heinen, according to the person, who spoke on the condition of anonymity because the case is ongoing. Heinen is accused of ... been approved during an October 2001 meeting that never occurred. During the SEC investigation that led to the case against Heinen, Jobs was interviewed. Apple, which conducted a separate probe on the matter, cleared Jobs of any misconduct. An ...

... pick the date on which you want to pretend that you granted, or were granted, several million options, might that not at least spur further inquiry? When then-general counsel Nancy Heinen emailed Apple (AAPL) CEO Steve Jobs such a spreadsheet on January 30, 2001, ... understand that argument. My question is, if that's your position, how can anybody be feigning shock that Nancy Heinen then went on to file all the false documents that would be required in order to carry out ...

... Dealbreaker was on this angle yesterday. Meanwhile the SEC is proceeding against former Apple gc Nancy Heinen. So far Heinen is denying she did anything wrong. One wonders if she, too, will have some interesting things to say about what Jobs knew once the screws start tightening ... this case, Jobs' "non-appreciation" defense is likely to get more tenuous if people like Heinen, and possibly Anderson, start talking. But here the plot is thicker, because the pursuers have their ...

... has subpoenaed Apple CEO Steve Jobs to be deposed in the agency's case against the company's former general counsel, Nancy Heinen, according to a source familiar with the case. Observers say the subpoena isn't surprising given Jobs' connection to the specific stock option grants the SEC says Heinen handled fraudulently. Heinen is accused of falsifying board approval paperwork for several executive-team grants from February 2001 and a huge grant ...

... we won't be hearing, as we did with Enron, about Steve Jobs' Republican friends. It looks like former GC Nancy Heinen, who may have participated in the improper documentation, might take the fall. Meanwhile, Gregory Reyes of Brocade, who did not receive any backdated options, is facing criminal charges. Apple's story seems to be that Jobs, possibly unlike Reyes and Heinen, didn't "appreciate the accounting implications." Just to summarize the emerging blackletter law: It's ok to commit "fraud" ...