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

2019-2-16 11:50

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

The post US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading appeared first on CCN

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Источник: ccn.com

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