Apple Inc.’s former senior securities lawyer has been charged with insider trading, the Securities and Exchange Commission announced Wednesday.

The Cupertino, California-based company’s former global head of corporate law and corporate secretary Gene Levoff allegedly traded Apple securities based on confidential information he received as part of an executive committee that reviews draft earnings materials. In 2015 and 2016, the SEC claims Levoff made around $382,000 in combined gains and avoided losses by trading Apple securities ahead of three quarterly earnings.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]