Former Apple lawyer Gene Levoff is facing criminal charges related to insider trading of Apple stock.
Gene Levoff, who was a senior director of corporate law, was aware of Apple financial results before they were public, and the government alleges he traded based on those results.Outside the new Fifth Avenue Apple Store.lawyer Gene Levoff was indicted for insider trading, the US Attorney in New Jersey said in a press release on Thursday.
"This scheme to defraud Company-1 and its shareholders allowed Levoff to realize profits of approximately $227,000 on certain trades and to avoid losses of approximately $377,000 on others," according to the press release. Levoff was one of Apple's top lawyers. He started at Apple in 2008 and was a senior director of corporate law from 2013 until 2018, according to the indictment. The trades mentioned in the indictment happened from 2011 to 2016.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Former L.A. Sparks owner Paula Madison opts to sell in Studio CityIn Studio City, former L.A. Sparks owner and NBCUniversal executive Paula Madison is asking $5.199 million for her modern home in Fryman Estates.
Lire la suite »
The CEO of Box just roasted former WeWork CEO Adam Neumann's $1.7 billion payoutEx-WeWork CEO Adam Neumann will reportedly receive around $1.7 billion as part of a bailout deal, a move the CEO of Box seemingly mocked on Twitter.
Lire la suite »
Nike's Parker hands over CEO role to former eBay chiefNike Inc's long-time chief executive officer, Mark Parker, will step down n...
Lire la suite »
Freddie Mercury's former lover recalls 'distressing last days as body weakened'Mary Austin opened up in an unearthed interview in which she detailed the singer's last days after he stopped taking medication
Lire la suite »
MLB: Umpire Joe West suing former All-Star Paul Lo Duca for defamation
Lire la suite »
Waiting on the Cosmic Crisp Apple DropA new apple, bred by University of Washington researchers over the past 20 years, is dropping in grocery stores this winter, and it has a giant marketing budget
Lire la suite »