SEC Examining false report on Steve Jobs’ ‘heart attack’
Posted by Dennis Sellers
Oct 3, 2008 at 6:30pm
The U.S. Securities and Exchange Commission is investigating the origin of a false report on a CNN citizen journalist web site that Apple CEO Steve Jobs had a heart attack and was hospitalized, reports Bloomberg.
The agency’s enforcement unit is trying to determine whether the iReport.com posting (since pulled) was intended to push down the company’s stock price. Apple shares fell as much as 5.4 percent earlier today after the post on iReport.com cited an anonymous source saying Jobs was rushed to the hospital after suffering a “major heart attack.’’
CNN is cooperating with the SEC’s probe, network spokeswoman Jennifer Martin said. The report is “not true,’’ Apple spokesman Steve Dowling said in an interview with Bloomberg.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.






