The story by The Recorder, a California legal publication, posted on Law.com, quoted “people familiar with Apple’s situation” as saying that federal prosecutors are examining company documents related to how options were handled, and whether those papers were falsified. The article also said Apple CEO Steve Jobs has retained a personal attorney to deal with the matter, raising questions about his own future at the company he helped establish.
Falsifying documents is not a small issue, so it’s going to be interesting to see where this goes. Apple is not exactly a small company, so a “mistake” like this could really cost them.