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Author Topic: Former Apple lawyer indicted on charges of insider trading  (Read 237 times)
HCK
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« on: October 25, 2019, 04:05:20 pm »

Former Apple lawyer indicted on charges of insider trading

Talk about an inside job...

What you need to know

Former Apple lawyer Gene Levoff has been indicted on charges of insider trading
Levoff had previously been charged over the same insider trading by the SEC in a civil case in February.
Levoff was previously one of Apple's top lawyers, and was in charge of Apple's insider trading policy.
One of Apple's former top lawyers has been indicted on criminal charges of insider trading. Gene Levoff was Apple's Senior Director of Corporate Law from 2013 until 2018, in February this year he weas charged by the SEC in a civil case relating to trades that allegedly took place between 2011 and 2016.

According to a report from CNBC Levoff will now face criminal charges in the matter, as was announced by the U.S Attorney in New Jersey on Thursday.

The report states that Levoff faces 6 counts of securities fraud and six counts of wire fraud:


  "This scheme to defraud Company-1 and its shareholders allowed Levoff to realize profits of approximatel...

Source: Former Apple lawyer indicted on charges of insider trading
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