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'Wide As The Ocean': Apple Judge Pans Investor Deal Release

By Dorothy Atkins ( April 16, 2024, 10:49 PM EDT) -- A California federal judge declined Monday to preliminarily approve Apple's nonmonetary settlement in a derivative-shareholder suit over claims it secretly slowed iPhones, criticizing the deal's release of claims that "relate" to the case as overbroad and noting that, "in practice, lawyers argue that 'relate' is as wide as the ocean."...

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