Economic Calendar

Monday, October 3, 2011

SEC Asks Apple CFO for Information on Nokia Patent Settlement

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By Lisa Rapaport - Oct 3, 2011 7:47 PM GMT+0700
Enlarge image Apple CFO Peter Oppenheimer

Apple Chief Financial Officer Peter Oppenheimer. Photographer: Rick Maiman/Bloomberg


The U.S. Securities and Exchange Commission asked Apple Inc. (AAPL)’s Chief Financial Officer Peter Oppenheimer for more information about a patent litigation settlement with Nokia Oyj. (NOK1V)


The SEC asked for details on the terms of the settlement agreement, any amounts accrued, the periods in which they were recognized and the timeline of negotiations, according to a regulatory filing today.

To contact the reporter on this story: Lisa Rapaport in New York at lrapaport1@bloomberg.net

To contact the editor responsible for this story: Lisa Rapaport at lrapaport1@bloomberg.net


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