Levoff was subject to trading blackout periods, and part of his job was to inform other Apple employees subject to the blackout dates about company policy and trading restrictions.
"Despite being responsible for enforcing Apple's own ban on insider trading, Levoff used his position of trust to commit insider trading in order to line his own pockets," said an attorney for the United States, Vikas Khanna, in aLevoff could claim neither ignorance of the sales, nor that he had nothing to do with the shady trades – they were done in his own name. However he did try to have the case overthrown last year, byLevoff's sentencing is scheduled for November.
Rings true to Company form
And he'd have gotten away with it too, were it not for those pesky internal control systems. Still, nice try...
You say 'iGiant' and I read 'cyclops'.