Gene Levoff, the former senior director of corporate law for Apple, has been denied a motion to dismiss an indictment over charges of insider trading, after failing to convince a court that the prosecution was unconstitutional.
Gene Levoff, Apple's former senior director of corporate law, continues to fight charges of insider trading and on Monday asked that his indictment be dismissed citing an argument of constitutionality.
Apple in a report on mineral sourcing issued Thursday said 18 smelters and refiners that were not willing to participate in third-party audits were removed from its supply chain in 2019, resulting in a 100% audit participation rate for the fifth consecutive year.
Former Apple lawyer Gene Levoff, who oversaw the company's Insider Trading Policy as corporate secretary and senior director of corporate law, was on Thursday indicted for insider trading and faces a maximum penalty of 120 years in prison.
The U.S. Securities and Exchange Commission on Friday charged GT Advanced Technologies and former CEO Thomas Gutierrez with fraud, accusing them of deceiving investors about its ability to supply sapphire for iPhones.
Apple on Friday submitted its latest annual conflict minerals report with the U.S. Securities and Exchange Commission, revealing that it asked suppliers to kick out five smelters and refiners during 2018.
A U.S. federal probe into Facebook's data sharing with now-defunct politcal consulting firm Cambridge Analytica has reportedly grown to pull in multiple agencies, including the FBI, the Justice Department, the Federal Trade Commission, and the Securities and Exchange Commission.
The U.S. Department of Justice and the Securities and Exchange Commission are reportedly starting to look into if Apple violated securities laws, regarding how it informed consumers about the iOS update that implemented the throttling of chemically depleted batteries in iOS 10.2.1.
A private Monday morning email from Tim Cook to CNBC analyst Jim Cramer — in which Cook revealed material information about his company's growth in China — could land the Apple chief in hot water with the Securities and Exchange Commission.
The U.S. Securities and Exchange Commission has opened a probe into whether investors and other parties were properly informed about bonds being put towards the Los Angeles Unified School District's failed iPad program, a report said on Friday.
Apple has rarely issued press releases trumpeting new acquisitions since the landmark 1997 deal for NeXT that brought Steve Jobs back into the fold, and the company's now-massive size could help it continue its silence even with a rumored $3.2 billion deal for Beats Electronics.
According to a series of U.S. Securities and Exchange Commission filings on Wednesday, Apple awarded top executive leadership nearly 36,000 restricted stock units each, which at current prices would net over $19 million.