This apparently violates a whole bunch of SEC rules.Heinen also exercised and sold 400,000 back-dated shares.
Heinen allegedly covered up the back-dating, which caused Apple's earnings to be inflated.
Last week, federal investigators announced criminal charges against former executives of Brocade Communications Systems, and they're hinting that more cases may be on the way.
Meanwhile, Silicon Valley's top lawyers are scrambling to assuage their clients' fears, and the U. Security and Exchange Commission has said that the investigation will expand beyond technology companies to other publicly traded outfits.
Anderson got nailed because, according to the complaint, he should have noticed what Heinen was doing and either stopped it or reported the expense properly.
He also exercised and sold 750,000 back-dated shares.