https://www.cnbc.com/2019/02/13/sec-files-insider-trading-lawsuit-against-former-apple-lawyer.html

SEC files insider trading lawsuit against former Apple lawyer

Sara Salinas

People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City.

The SEC Wednesday charged a former Apple executive with insider trading.

Gene Levoff, senior director of corporate law and corporate secretary until September, "traded on material nonpublic information about Apple's earnings three times during 2015 and 2016," according to the lawsuit Tuesday in the U.S. District Court of New Jersey.

"Levoff also had a previous history of insider trading, having traded on Apple's material nonpublic information at least three additional times in 2011 and 2012. For the trading in 2015 and 2016, Levoff profited and avoided losses of approximately $382,000," the complaint says.