Author: Chaim Gartenberg
Former Apple lawyer Gene Levoff has been charged with insider trading by the SEC, which is accusing Levoff of exploiting his position at Apple to trade stocks ahead of earnings, via CNBC.
Ironically, before he was fired, Levoff worked as the head of the corporate law group at the company and was “responsible for Apple’s compliance with securities laws.” In other words, his job was to make sure that Apple and its executives didn’t do the exact thing that he was caught doing.
Levoff was “responsible for Apple’s compliance with securities laws”
According to the SEC’s lawsuit, Levoff traded based on insider knowledge on at least three occasions in 2015 and 2016. He also had a history of insider trading, with at least three additional...
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Former Apple lawyer Gene Levoff has been charged with insider trading by the SEC, which is accusing Levoff of exploiting his position at Apple to trade stocks ahead of earnings, via CNBC.
Ironically, before he was fired, Levoff worked as the head of the corporate law group at the company and was “responsible for Apple’s compliance with securities laws.” In other words, his job was to make sure that Apple and its executives didn’t do the exact thing that he was caught doing.
Levoff was “responsible for Apple’s compliance with securities laws”
According to the SEC’s lawsuit, Levoff traded based on insider knowledge on at least three occasions in 2015 and 2016. He also had a history of insider trading, with at least three additional...
Continue reading…
Continue reading...