Yes. When the perceived value of Apple stock is so tied to Steve Jobs, the company must disclose it to potential and actual investors. It is not a privacy issue. If it turns out he needs a liver transplant, many people, who might not have invested, may loose money, and Apple will be open to lawsuits.
How about letting the Board decide whether or not its a Shareholder issue? Isn't that partially the responsibility of the board to determine what is or isn't a share holder issue?
Comments
Yes. When the perceived value of Apple stock is so tied to Steve Jobs, the company must disclose it to potential and actual investors. It is not a privacy issue. If it turns out he needs a liver transplant, many people, who might not have invested, may loose money, and Apple will be open to lawsuits.
How about letting the Board decide whether or not its a Shareholder issue? Isn't that partially the responsibility of the board to determine what is or isn't a share holder issue?