Question

When asked if Apple would provide more details about Jobs’s second leave of absence, a company spokeswoman responded ‘we’ve said all we’re going to say.” Is Apple obligated to offer any more details, particularly about the health of its CEO? One lawyer who advises corporate boards on such questions says that such details are material to investment decisions only “if you’re asking shareholders to make decision based on [that] information .. You can’t expect the company,” he adds, “to give a blow-by-blow account of Steve Jobs’s health.” What do you think? If you were an Apple investor, what information would you regard as “material” to your decisions? What would you want to know in deciding whether to keep or sell your shares of Apple?


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  • CreatedSeptember 22, 2015
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