U.S. charges former top Apple lawyer with insider trading

U.S. charges former top Apple lawyer with insider trading

Authorities said Gene Levoff exploited his positions as corporate secretary, head of corporate law and co-chairman of a committee that reviewed draft copies of Apple’s financial results to trade illegally between 2011 and 2016. Prosecutors said Levoff, 45, of San Carlos, California, generated $604,000 in illegal gains, including realized profit and avoided losses, before Apple terminated his decade-long employment in September.

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Source:: Yahoo News

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