 At the time of the SEC settlement, Anderson’s attorney issued a public statement saying that Anderson had relied on representations from CEO Steve Jobs and unanimous approval of the Apple board in reaching the conclusion that the stock option grant in question was being properly handled.Under the terms of the settlement, Anderson may continue to act as an officer or director of public companies.He currently serves as Managing Director and Co-Founder of Elevation Partners and NextEquity Partners, a director of eBay, Yelp, Move, Inc., and Sonos.