Apple lawyer tasked with preventing insider trading indicted for *checks notes* insider trading
A former top Apple lawyer whose responsibilities including preventing insider trading has now been indicted for, uh, that.
Gene Levoff, Apple's former corporate secretary and director of corporate law, is accused of using insider knowledge to trade Apple stock between February 2011 and April 2016 — the exact behavior he was entrusted to prevent.
Illegal insider trading gives people with access to nonpublic company information an unfair advantage over everyone else, a bit like using secret cheat codes in a multiplayer game. Only instead of leaderboards and kill streaks, it's hundreds of thousands of dollars on the line. Read more...
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Apple lawyer tasked with preventing insider trading indicted for *checks notes* insider trading
Reviewed by mimisabreena
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Friday, October 25, 2019
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Reviewed by mimisabreena
on
Friday, October 25, 2019
Rating:
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