Apple Bites Shareholders

Might Steve Jobs have broken the law by hiding his poor health? The Apple CEO said yesterday that his health is worse than previously reported and that he’ll be taking a leave of absence until June. The Wall Street Journal reports that “some leadership specialists were troubled by the Apple CEO's latest disclosure. Wednesday's announcement raises questions about ‘whether we have been getting the full story for the past year’ about Mr. Jobs's health.” John Carney at Silicon Valley Insider translates: “Somewhere, right now, a plaintiff lawyer is preparing to file a lawsuit against Apple on behalf of shareholders who will claim they were deceived by the company’s statements about the health of chief executive Steve Jobs.”