SEC Looking Into Apple's Use of Nondisclosure Agreements, Whistleblower Says (washingtonpost.com) 13
The Securities and Exchange Commission is looking into Apple's use of nondisclosure agreements (NDAs), including whether the tech giant misled investors on the matter, according to a whistleblower contacted by the agency and documents reviewed by The Technology 202. From a report: Cher Scarlett, a former Apple employee who last year filed an SEC complaint alleging the company made false statements to the agency about its policies on NDAs, said in an interview Monday that the SEC contacted her in late January to inquire about her allegations. It's unclear whether the agency has opened a formal investigation into Apple's statements and its rules on NDAs, or what the full scope of any inquiry may be. "The SEC does not comment on the existence or nonexistence of a possible investigation," SEC spokesperson Cory Jarvis said.
But it's the first indication that federal regulators are digging deeper into Apple's policies on NDAs, which the company said it doesn't allow -- a fact that workers like Scarlett have disputed.
Apple, using NDAs, say it isn't so. (Score:3, Interesting)
Apple doesn't use NDAs... yeah, I have a bridge in Brooklyn for sale. Even when I worked at Apple, which was the return era of Steve Jobs, they used NDAs and non-compete agreements on employee's and contractors all the time. There was a whole section of articles on issues like the issues with the iMacs at the time where they *knew* there was a design defect with a capacitor (they had three in the fixed units where the bad ones only had two), I think it was with the analog video power board, with they changed $900 for a replacement unit when iMacs were $999 at the time. (Note the boards only cost Apple around $87.) They *knew* it was a design defect and we were ordered to *lie* about it until all the warranties were up to prevent a recall. They used NDAs where we were no only threatened with being fired, but lawsuits and possible criminal prosecutions if we spoke about it. And that was just the front line people. The NDAs and evil shit they due to their developers is *legendary* in field.
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Not that I don't want to believe you. But please elaborate.
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AC is correct, it was *mainly* a bluff. But, the intent wasn't: 'Tell people what we don't want you to tell them and we'll destroy your life.' That *wasn't* a bluff. It was like working at a cult or for the mob. My contract ended, and thanks to a timely flu the only permanent position they offered for my team went to someone else. (Interviewer said my attitude was the deciding factor between us. Well, sorry for being so sick I wouldn't even be here that I can't put on a fake smile like the rest of yo
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Not difficult to believe seeing how many Apple cultists make their rounds in the comment section on Slashdot, presumably without being on Apple's payroll.
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Those iMac analog boards weren't $900. They were absolutely overpriced by a lot, but it was more like $350.
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I was a member of the Apple Custer Relation (First line people with any power, at the time) and Direct Dispatch (Handed Repair Questions and Issues) Team and regularly worked with Executive Relations (VIP Line). Right at the time that the '5 flavors iMac's were discontinued and the next generation was recently underway, yes the 5 flavors AVP Board was $900. I know because I handled several repair bill disputes over the faulty AVP boards that we weren't allowed to tell customers about or do anything to hel
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I worked at Apple for 2 months. Not only did I sign an NDA, I was asked to sign individual NDAs for each project I worked on in addition to my general NDA with the company. So they're beyond full of shit.
Where is TFA? (Score:1)
Do we just get summaries now? This has no link to the original article.
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The link [washingtonpost.com] is in the title, as always.
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