SEC Investigating Phony Jobs Heart Attack Report

The 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.