Insurers will pay Apple $14 million in a settlement of a suit brought by shareholders against the company's executives. This brings the scandal over backdated options — where company officials changed the date of option grants so that executives like CEO Steve Jobs would have a lower strike price, without accounting for it in the company's books — pretty much to a close after the SEC settled its case against former corporate counsel Nancy Heinen. The $14 million will neatly cover an estimated $8.9 million in attorney fees and expenses. [AP] (Photo by Getty/AFP)

Contact information for this author is not available.