Gene Levoff ended up with a harsher fine in the SEC's civil case than he did in a parallel DOJ criminal case that wrapped up last year with no prison time.
July 03, 2024 at 01:20 PM
2 minute read
The original version of this story was published on Corporate Counsel
A federal judge in a civil proceeding Tuesday found former Apple corporate secretary Gene Levoff committed insider trading and ordered him to pay $1.6 million in penalties.
The penalties were part of an order issued by U.S. District Judge William Martini of the District of New Jersey granting the U.S. Securities and Exchange Commission’s motion for summary judgment.
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Former Apple corporate secretary Gene Levoff. (Photo: Natan Dvir/Bloomberg)
