Apple Ex-Corporate Law Chief Admits Years of Insider Trading
- Gene Levoff pleaded guilty to six counts of securities fraud
- Levoff was responsible for policing insider trading at Apple
Gene Levoff, left, and his lawyer Kevin Marino, leave court in Newark, New Jersey in Feb. 2019.
Photographer: Natan Dvir/BloombergThis article is for subscribers only.
The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit.
Gene Levoff, Apple’s former director of corporate law, pleaded guilty on Thursday to six counts of securities fraud between 2011 and 2016. Levoff, 48, was co-chairman of the company’s disclosure committee, which allowed him to see Apple’s revenue and earnings statements before they were filed with the Securities and Exchange Commission.