Feds probing stock options grant to Jobs

Federal investigators are still examining whether any of the accounting shenanigans at Apple rose to the level of criminal behavior, according to a news report, even though the company has cleared CEO Steve Jobs and all current executives of any wrongdoing in an internal stock options backdating probe.

Federal authorities are actively investigating the circumstances surrounding one award to Jobs for options on 7.5 million shares, an award that carried a false October 2001 date when it was actually approved in December of that year, The Wall Street Journal reported Friday, citing anonymous sources.

Read the complete story here. (AP via Yahoo)