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  2. Gene Levoff, who was Apple's senior director of corporate law and corporate secretary until September, was accused of insider trading by the Securities and Exchange Commission. The SEC's lawsuit, filed Wednesday, accused Levoff of exploiting his positions to unlawfully trade Apple securities ahead of Apple's quarterly earnings announcements.
    www.businessinsider.com/former-apple-executive-gene-levoff-accused-of-insider-trading-sec-lawsuit-2019-2
    www.businessinsider.com/former-apple-executive-gene-levoff-accused-of-inside…
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    What happened to Steve Levoff?Apple terminated his employment in September 2018. The SEC previously filed a civil complaint against Levoff based on the same conduct. The six securities fraud counts each carry a maximum penalty of 20 years in prison and a $5 million fine. Levoff's sentencing is scheduled for November 10.
    What happened to gene Levoff?After appeals and trials in the years since Bloomberg reports Gene Levoff has finally been sentenced. He was facing a maximum of 20 years in prison and a $5 million fine for each of the six counts of fraud but ended up getting four years of probation. Between 2011 and 2016, Levoff made around $227,000 in profits and avoided $377,000 in losses.
    Did Levoff lose his career?The judge said the Stanford Law graduate has already lost his career. In June 2022 Levoff pled guilty to insider trading charges, for what prosecutors called a five-year scheme to trade ahead of the tech giant’s quarterly earnings announcements.
    How much money did Steve Levoff make before he was fired?Levoff earned around $277,000, and avoided losses of around $377,000 before he was fired by Apple in 2018. Levoff last June pleaded guilty to six counts of securities fraud for insider trading, and his sentencing took place today. In addition to four years probation, Levoff will pay approximately $604,000.
     
  4. WebJun 1, 2023 · Reporter. What You Need to Know. A judge reset Gene Levoff's sentencing for Oct. 24. Levoff was indicted in 2019 and pleaded guilty to six counts of securities fraud in June 2022. Investigators...

     
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