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Published 2 years ago

Former top Apple lawyer pleads guilty to insider trading

Summary by Ground News
Gene Levoff pleaded guilty to six counts of security fraud stemming from a February 2019 complaint. Levoff used non-public information about Apple's financial results to inform his trades on Apple stock, earning himself $227,000 and avoiding $377,000 of losses. He faces up to 20 years in prison per count and a $5 million fine.

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