Ex-Apple lawyer guilty of insider trading fined 10% of net worth

Gene Levoff was meant to police insider trading at Apple, but was caught in the act, found guilty, and given four years probation. He’s now been fined $1.15 million in a related SEC case.

Gene Levoff
Gene Levoff

Apple’s former lawyer has had a rough time since he was accused of insider trading in 2018. He faced a maximum sentence of 120 years and $30 million in fines, but got off easy with four years probation.

According to a report from Reuters, Gene Levoff has been fined in a separate but related SEC civil case. He must pay $1.15 million for the violation.

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Ex-Apple lawyer guilty of insider trading fined 10% of net worth