In efforts to keep up with Apple Inc. (NASDAQ:AAPL) over antitrust matters, one high-profile attorney named Michael Bromwich was appointed to the case. He was appointed by United States District Judge Denise Cote. He will monitor the iPhone maker for the next two years, keeping tabs on the company’s procedures and antitrust policies.
Restrictions on Apple
Last summer, Cote made a ruling on the case, and last month, she made restrictions on Apple Inc. (NASDAQ:AAPL) that included an external monitor. Bromwich already has a law firm in Washington DC that specializes in internal investigations and compliance. He was just one of the two attorney candidates that Cote considered.
It's no secret that this year has been a volatile one for the markets. The S&P 500 is down 18% year to date, while the Nasdaq Composite is off by 27% year to date. Meanwhile, the VIX, a key measure of volatility, is up 49% year to date at 24.72. However, it has spiked as Read More
Bromwich originally worked as a federal prosecutor in New York. He was a part of the government’s team against Oliver Nor