The SEC won’t let Steve Jobs be, opens investigation on his health disclosures
Apple chief executive Steve Jobs is sick, that’s been made abundantly clear over the past few weeks. But the Securities and Exchange Commission is now looking into whether or not Apple’s disclosures (or lack thereof) about Jobs’ illness misled investors, Bloomberg reports.
To be clear: this doesn’t mean that Jobs and Apple did anything wrong necessarily, just that the SEC is looking into it - as you might expect when talk of investor lawsuits are everywhere following Jobs’ statement to the public that he was taking a five month leave of absence from Apple to get to the bottom of his health issues. Apple’s chief operating officer Tim Cook will be running the day-to-day operations of the company with Jobs gone. But Jobs will still be consulted on important matters for the company.
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