More Bad News For Steve Jobs: Pixar's Ex-CFO Under SEC Scrutiny

It seems the stock options backdating scandal isn’t going away anytime soon for Apple’s CEO Steve Jobs. In fact, it is escalating with news that Ann Mather, Pixar ’s former chief financial officer, is about to face a complaint from the Securities and Exchange Commission, suggesting imminent legal actions against her. According to a Financial Times article, Ann will undergo an investigation about her role in stock options backdating scandal in times when the now famous animation studio was still under Steve Jobs’ control.

In a statement released yesterday, Disney said that no one "currently associated with Disney had engaged in any intentional or deliberate acts of misconduct". Ann Mather’s attorney claims there is no basis for any legal action against her client. After working at Pixar, Mather joined Google as non-executive director at Google in 2005. The Internet giant’s regulatory filing actually broke the news that the SEC’s Los Angeles office notified Mather that the agency intends to launch a civil complaint against her.