Benefits of backdating stock options
There were regulation changes in the wake of the scandal, though Hubbard says some CEOs continue trying to manipulate the system.
Apple's practice of backdating stock options began in 1997 and continued into January 2002.
Stock options frequently tie into executives’ compensation.
Typically, execs get the option to purchase a certain amount of stock at a set price.
Both Dell and Novell have also recently received delisting notices from NASDAQ after failing to file quarterly 10-Q reports with the SEC.
Those filings, like Apple's, were delayed by investigations into backdating.