Apple this week informed the SEC that it had miscounted the shareholder votes on the 'Say on Pay' referendum at the February 25th shareholder meeting. The referendum was intended to let shareholders weigh in on policies regarding executive pay and compensation. The mistake was apparently made because Apple recorded the Abstentions as "No" votes.
After the recount, a majority of votes had been cast in favor of the excitingly-named "Shareholder Proposal No. 5 Regarding Advisory Vote on Compensation". Apple chalked the problem up to human error.
Image via Gizmodo
CUPERTINO, California—April 27, 2009—Apple® today filed an amendment t
