Ex-Apple Attorney Ordered to Pay $1.1 Million for Insider Trading Violation

Apple’s former director of corporate law has been ordered to pay $1.1 million to the U.S. Securities and Exchange Commission (SEC) as a result of insider trading charges to which he pled guilty in 2022. A New Jersey federal judge determined on Tuesday that his actions were particularly severe, especially considering his role was to ensure compliance with securities laws. Further details on this case can be read on Law360.