Apple Charged $84 Million, Invest in Apple?

Do you invest in Apple? Jobs has reportedly been accused of "irregularities" in stock option allocation.

They have taken a $84 million dollar charge, while other companies are being brought into the stock mess. Including News.com publisher CNET Networks, who have been forced to investigate whether stock grants were backdated, a practice in which the grant date of an option is moved to coincide with a low point in the value of a company's shares.

Another company, Juniper Networks said that it would take a charge of $900 million. Criminal charges and civil charges have been filed against former executives of storage vendor Brocade Systems.

An update reported in the same article said that Apple announced Friday that they are defending Executive Steve Jobs in allegations of stock forgery.

Full Article concerning Apple's $84 Million charge and Steve Jobs stock allegations.