Apple Top Insider Trading Lawyer Pleads Guilty To Insider Trading

https://twitter.com/zerohedge/status/1543001652445192192

Gene Levoff, who's been with Apple since 2008 and moved into his position as senior director of corporate law from 2013 - 2018, made the trades in question between 2011 and 2016 while abusing his position as corporate secretary, head of corporate law and co-chair of a committee that reviewed drafts of Apple's results, according to the indictment.

After initially fighting the charges, Levoff admitted to using nonpublic information about Apple's financials in order to trade company stock, resulting in $604,000 of illegal gains on more than $14 million of trades, according to CNBC.