Ex-Apple Corporate Lawyer Avoids Prison for Insider Trading (1)

The former senior Apple Inc. lawyer tasked with policing insider trading at the company avoided prison time for committing the crime himself.

Gene Levoff was sentenced Thursday to four years of probation by US District Judge William J. Martini in Newark, New Jersey. Levoff pleaded guilty in June 2022 to using his access to Apple’s draft Securities and Exchange Commission filings to make illegal trades.

Levoff, 49, had faced as long as two years in prison under his plea agreement, and prosecutors had urged the judge to impose jail time to deter similar crimes. “If people who are insiders at ...