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[Nvyseal]

In its delayed annual report, published early on Friday, Apple said it would restate its financial results for the last three years and also take a charge of $84 million.

Apple also said that while Jobs was "aware (of) or recommended the selection of some favorable grant dates, he did not receive or financially benefit from these grants or appreciate the accounting implications."

"The special committee, its independent counsel and forensic accountants have performed an exhaustive investigation of Apple's stock option-granting practices," former U.S. Vice President Al Gore, chair of the special committee, and Jerome York, chairman of Apple's Audit and Finance Committee, said in a joint statement. "The board of directors is confident that the company has corrected the problems that led to the restatement, and it has complete confidence in Steve Jobs and the senior management team."

Earlier this week, legal Web site Law.com claimed that federal prosecutors were looking closely at "apparently falsified" stock option documents. Other reports claimed that chief executive Steve Jobs had received a grant of 7.5 million share options in 2001 without the required approval from the full Apple board and that documents were subsequently drawn up to suggest that the board had approved them.

Update: Apple Computer released new information about its allocation of stock options on Friday, defending Chief Executive Steve Jobs following speculation that a key document had been forged.

Via: c/net