Feb 14, 2019
Former Apple lawyer charged with insider trading
US prosecutors have charged a former top Apple lawyer with insider trading. Mr Levoff, who was responsible for ensuring compliance with Apple's insider trading policies, is accused of breaching those policies on several occasions. The US Securities Exchange Commission said Mr Levoff engaged in insider trading various times between 2011 and 2016. "Levoff's alleged exploitation of his access to Apple's financial information was particularly egregious given his responsibility for implementing the company's insider trading compliance policy," Antonia Chion, associate director of the SEC's division of enforcement, said in a statement. In 2011 and 2012, Apple's former head of corporate law made $245,000 in profits by engaging in insider trading, the SEC said.
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