Apple executives are hiring lawyers as the company's stock options debacle continues.
The news emerges as Apple CEO Steve Jobs faces further enquiries following revelations that two senior executives at his one-time other company, Pixar, were also granted share options in a way that maximised their value.
John Lasseter, the creative director behind Toy Story and Monsters Inc, and Pixar's president Edwin Catmull, were granted options just as Pixar shares hit a low point.
The Securities and Exchange Commission is investigating 80 companies amid suggestions that executives "routinely and illegally backdated the options to a low point in the shares," reports The Independent. However, the report also confirms that there is no evidence that the timing of these grants was "anything more than a coincidence".
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