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SEC files insider trading lawsuit against former Apple lawyer
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A former Apple executive was just accused of insider trading by the SECGene Levoff, formerly Apple's Senior Director of Corporate Law and Corporate Secretary, has been charged by the SEC with insider trading.
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SEC Accuses Ex-Apple Executive of Insider TradingA former Apple Inc. senior lawyer has been accused by the Securities and Exchange Commission of exploiting his position to illegally trade shares in the company ahead of Apple’s financial reports, according to court documents.
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SEC charges former Apple exec with insider tradingThe lawsuit alleges Gene Levoff profited and avoid losses of approximately $382,000 by illegally exploiting corporate information.
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Ex-Apple Exec Who Oversaw Insider Trading Policy Profited On Inside Info, SEC SaysThe agency says Gene Levoff used prior knowledge of earnings to buy and sell millions of dollars in Apple stock, even as he was responsible for overseeing compliance with rules on insider trading.
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Apple is getting so serious about health, it's started hosting heart-health events at Apple StoresApple's health team made a rare public appearance at its Union Square Apple Store in San Francisco on Monday evening. The primary topic of the discussion was heart health.
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We are too quick ‘in running away from anything labeled crypto,’ SEC commissionerSecurities and Exchange Commissioner Hester M. Peirce, who earned the title of Crypto Mom for her progressive stance on the opaque industry, reinforced her view that overbearing regulation could stifle innovation in the U.S.
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SEC Rejects Proposal for Mandatory Shareholder ArbitrationThe Securities and Exchange Commission told Johnson & Johnson it could choose not to hold a vote on a proposal to push all suits brought against a company by its shareholders into private arbitration hearings.
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Holding: SEC stays classy on class-action lawsuitsThe U.S. watchdog allowed Johnson & Johnson to block a proposal to ban shareholders from suing en masse. The move preserves an essential check on corporate fraud – for now. Rising litigation and Supreme Court hostility to securities cases may soon force the regulator to yield.
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