February 2019 Archives

SEC charges Apple lawyer with insider trading

Illinois residents may be interested to learn that the Securities Exchange Commission has filed a claim against a former high-ranking attorney at Apple who allegedly used his position as corporate secretary to engage in insider trading. According to the suit, the lawyer either profited or avoided the loss of $382,000.

Illinois traffic stop leads to methamphetamine seizure

A 23-year-old Illinois man faces decades in prison after police allegedly discovered about 7 ounces of methamphetamine in his vehicle during a routine traffic stop during the early morning hours of Feb. 1. The West Chicago resident has been charged with possessing between 100 and 400 grams of the drug with the intent to deliver. This is a class X felony under Illinois law and carries a maximum custodial sentence of 40 years.

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