Sentencing Delayed Again for Ex-Apple Corporate Secretary Who Traded on Inside Information
Prosecutors say Gene Levoff took advantage of his role as co-chairman of Apple's disclosure committee, a post that gave him access to material information about the company before it was publicly disclosed.
June 01, 2023 at 04:15 PM
2 minute read
The oft-delayed sentencing for a senior Apple attorney who in June 2022 pleaded guilty to insider trading in the company's stock has been delayed again.
U.S. District Judge William Martini of the District of New Jersey this week reset sentencing for Gene Levoff for Oct. 24. It had been set for June 13 after the the original sentencing date of March 9 was canceled.
It is not clear why prosecutors did not proceed with the earlier sentencing dates. The U.S. Attorney's Office for the District of New Jersey and an attorney for the 49-year-old Levoff did not respond to inquiries from Law.com.
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