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SEC Investigating Phony Jobs Heart Attack Report

Apple_Steve_Jobs.jpgThe Securities and Exchange Commission has begun an investigation and is currently looking for the person who falsely reported that Apple CEO Steve Jobs had suffered a heart attack on Friday, according to CNET News.

Jennifer Martin, a CNN spokeswoman, said in the article that SEC investigators contacted the broadcaster looking for information on the person who posted the phony story to iReport.com, a CNN-owned site that hosts “news” submitted by members of the public.

Apple’s share price nosedived nine percent on Friday on the report, only to recover—but not fully—after Apple issued a statement vehemently denying that Jobs had suffered a heart attack.

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