US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading

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US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading

The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. The US Securities and Exchange Commission (SEC) filed a lawsuit against Gene Daniel Levoff, who served as Apple’s senior director of corporate until September 2018 and was also a part of the company’s disclosure committee. According to the filing, Levoff exploited his well-placed position to manage his Apple shares trading privately. He would gain access to the company’s periodic earnings results and draft public

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