U.S. charges former top Apple lawyer with insider trading

Authorities said Gene Levoff exploited his positions as corporate secretary, head of corporate law and co-chairman of a committee that reviewed draft copies of Apple's financial results to trade illegally between 2011 and 2016.Prosecutors said Levoff, 45, of San Carlos, California,generated $604,000 in illegal gains, including realized profit and avoided losses, before Apple terminated his decade-long employment in September.