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Apple Inc. lawyer accused of insider trading

Many investors in North Carolina and around the country were disappointed when Apple Inc. announced less than spectacular earnings in a July 2015 report and the price of the company's stock fell by 4 percent as a result. A lawsuit filed by the Securities and Exchange Commission on Feb. 13 alleges that a former Apple attorney with insider information avoided such a financial setback by selling stock worth $10 million before the contents of the earnings report were made public.

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