You know, who does not run does not fly, and we just found out that one of the Cupertino attorneys, rather former lawyer, would have been using company information for speculative purposes on the stock market. A fairly controversial practice that is obviously illegal. The United States Securities Market Commission has discovered it. After the jump we tell you everything about this controversial case ...
It was Gene Levoff, a former attorney for the Cupertino boys who would have been using iConfidential company information to speculatively buy and sell Apple stock, something illegal and highly persecuted by the stock market control agencies. The controversial lawyer would have anticipated his participation in the stock market when he knew in advance the news of the Cupertino boys during the years 2010 and 2016.
As the guys at MacRumors have revealed, Levoff reportedly sold more than $ 10 million worth of stock before falling four percent in 2015., and all this thanks to knowing in good hand that Apple was not going through a good time and that as a result the company would fall on the stock market after the publication of results.
And it must be said, Levoff was able to do this since He became the vice president of corporate law for the company and even held a chair on the Cupertino disclosure committee., a body that ensures that employees do not reveal confidential information, something quite curious since it was the same that was acting against the guidelines that it set. Practices from which no company is spared and which only cloud corporate policies, and obviously harm all shareholders who trust the companies' good stock market faith.