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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: larryjoe who wrote (23356)	11/5/2012 5:30:39 PM
From: zax	Respond to of 32692

Thanks for the story, and welcome to Tankwatch, LJ :) patentlyapple.com November 03, 2012 Uh-Oh Insider Trading: SVP Legal Bruce Sewell Sells AAPL Stock In October 2011 Businessweek called Bruce Sewell the " Protector of Jobs's Vision." If Steve Jobs was the creative force that made Apple Inc.'s products hip, General Counsel Bruce Sewell was the authority in keeping competitors from copying those ideas. Late yesterday, an insider trading SEC Form 4 was filed showing that Sewell apparently sold half of his stock. On Thursday, the UK court of appeal had reprimanded Apple over the wording of their statement of apology to Samsung on their UK homepage. The court had ordered Apple to "change the wording of the statement within 48 hours and our report shows you Apple's revised statement. Is the timing of Sewell's SEC filing a sign of trouble within Apple's Legal team? Time will tell. Apple's Revised UK Website Statement The bottom of Apple's UK Homepage has also been revised this morning. Insider Trading SEC Form 4 for Bruce Sewell The SEC Form 4 illustrates that Sewell has sold 5,137 shares or half of his holdings of AAPL stock. The sell Codes are "S" and "D." To better understand the codes, see SEC Form 4 Transaction Codes. Those wishing to keep track of Apple Insider trading for historical trends or for interest sake could do so by checking out this site. Whether Sewell's sale of Apple's stock has any particular meaning, is just bad timing to legal events that occured this past week or is simply a routine trading trend is unknown at this time. NOTICE: Patently Apple presents only a brief summary of certain legal cases/ lawsuits which are part of the public record for journalistic news purposes. Readers are cautioned that Patently Apple does not offer an opinion on the merit of the case and strictly presents the allegations made in said legal cases / lawsuits. A lawyer should be consulted for any further details or analysis. About Comments: Patently Apple reserves the right to post, dismiss or edit comments.