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Gene Levoff, a former senior lawyer at Apple, has been ordered to pay a $1.15 million fine in a U.S. Securities and Exchange Commission (SEC) civil case related to insider trading. Levoff, who was responsible for policing insider trading at Apple, was caught and found guilty of the offense. He avoided prison time but received four years of probation. The fine represents 10% of his net worth.
Ex-Apple lawyer guilty of insider trading fined 10% of net worth https://t.co/thY31B9WoE #Apple
Gene Levoff was meant to police insider trading at Apple, but was caught in the act, found guilty, and given four years probation. He's now been fined $1.15 million in a related SEC case. By @hillitech https://t.co/Wkvq0wuuHJ
Former Apple Lawyer Fined $1.15 Million After Insider Trading Conviction https://t.co/SkRSsoEsW5
