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Apple is now in law with its lawyer: It has defrauded shareholders

  • July 4, 2022
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Due to the recently introduced law in South Korea, alternative payment methods forced to allow Apple was not happy with this situation at all. In addition, the Lightning

Due to the recently introduced law in South Korea, alternative payment methods forced to allow Apple was not happy with this situation at all. In addition, the Lightning entry of the European Union and the US prepare to ban then Apple is in trouble, this time with the company’s former manager of the legal department.

The Cupertino tech giant owned by Gene Levoff, a former attorney general at Apple whose job it is to prevent illicit trading. turned out to be damaged† Between 2011-2016 lasts 5 years During this deception, Levoff revealed that he was buying and selling Apple stock on non-public information, thereby defrauding the company’s stock. he accepted

Levoff has access to information within the company

Levoff, the former Chief Legal Officer, had access to the company’s quarterly and annual results and some other business information, as he held a senior position within the Apple company. Thanks to this information, Levoff $227 thousand profit† The right to access this information shows how critical Levoff’s mission is.

The US Department of Justice said in a statement that Levoff has received information from Apple to direct the company’s stock. by abusing He said he bought shares in the company when Apple’s quarterly and annual results became available, and that he sold his shares to make a profit when the market reacted.

Levoff, on Nov. 10, for these crimes. 20 years in prison and a $5 million fine will be convicted.

Source: Web Tekno

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