For someone inclined to trade illegally, the SEC said, Levoff was well-placed. As a member of Apple’s “disclosure committee,” he got to review quarterly and annual reports and press statements before their public release. The alleged misconduct was relatively simple for someone who worked at a cutting-edge technology giant. Levoff would read read through internal documents he obtained as a member of Apple’s disclosure group and make trades in a TD Ameritrade brokerage account, prosecutors said.

Source: Los Angeles Times February 13, 2019 18:07 UTC