Recent trading activity related to Apple shares has raised suspicions of insider trading, notably as they occurred just hours before a tariff exemption announcement. The timing of the trades has led Wall Street veterans to question the legitimacy, particularly as Apple shares rose significantly after this announcement. New York AG Tish James has launched an inquiry to investigate whether insiders received nonpublic information prior to the tariff changes. While insider trading is a serious offense, defining it legally remains complex due to ambiguous regulations.
Even before New York AG Tish James launched her insider-trading inquiry into whether Trump cronies got tips to buy stocks before the president's tariff pause, Wall Street veterans flagged fishy tariff-related trades tied to Apple.
The trades in question predated by hours the White House's surprise tariff exemption on smartphones, an announcement that would bolster the sagging fortunes of the big tech company.
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