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IN RE APPLE INC. SECURITIES LITIGATION

  1. September 19, 2024

    Apple's $490M Deal Over China Sales OK'ed, Attys Get $110M

    A California federal judge approved Apple Inc.'s $490 million securities fraud settlement under which class counsel will receive $110.45 million in fees and costs plus interest, resolving years-old litigation alleging Apple and its top brass misled investors about iPhone sales in China.

  2. July 16, 2024

    Apple's Slowed IPhone Derivative Deal OK'd After Tweaks

    A California federal judge said Tuesday she would approve Apple's non-monetary settlement to resolve a derivative-shareholder suit over claims it secretly slowed iPhones and award counsel $6 million in attorney fees and expenses, after she rejected an earlier version of the deal because of the proposal's overbroad release of claims.

  3. June 04, 2024

    On 2nd Bite, Apple Investors Get Initial OK For $490M Deal

    A California federal judge has given the first OK to a $490 million settlement that will resolve claims that Apple misled investors about iPhone sales in China, saying the deal is fair and reasonable, and a better alternative than further litigation, after criticizing the deal during its initial bid for approval and ordering changes.  

  4. May 23, 2024

    Apple Investor Again Seeks Green Light For $490M Settlement

    An Apple Inc. investor has asked a California federal judge to revisit a $490 million settlement deal that would end claims the tech giant misled investors about iPhone sales in China, telling the court that it had addressed the judge's critique that parts of the relevant filings were "convoluted."

  5. May 07, 2024

    Apple's $490M Investor Deal Needs 'A Little Bit More Work'

    A California federal judge refused Tuesday to preliminarily approve Apple's $490 million deal to end investors' class action alleging they were misled about iPhone sales in China, saying that while key terms are "satisfactory," the plan needs "a little bit more work," like fixing a "convoluted" notice to investors.

  6. April 16, 2024

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

    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."

  7. March 15, 2024

    Apple, Investors Cut $490M China Sales Deal Ahead Of Trial

    Apple has made a $490 million deal to resolve a shareholder class action accusing the company and its top brass of misleading investors about iPhone sales in China in a legal fight that was slated for a September jury trial, according to court documents filed Friday in California federal court.

  8. July 24, 2023

    Apple, Investors Get May 2024 Trial Over China IPhone Sales

    A California federal judge has set a jury trial for May 2024 in investors' certified class action accusing Apple and two executives of misleading investors about iPhone sales in China, warning the parties their disputes over witness lists, exhibits and testimony should be resolved months before trial.

  9. June 27, 2023

    Apple Loses Quick Win Bid In Investors' IPhone Sales Suit

    A California federal judge denied Apple's bid for a quick win on shareholders' remaining allegations in a certified class action accusing the company and two of its executives of misleading investors about phone sales in China.

  10. August 04, 2022

    Apple's Quick Win Bid Would Be 'Futile,' Investors Say

    Apple investors told a federal judge in Oakland, California, that it would be "a significant waste of resources" for the court to let the company submit a bid for a quick win on shareholders' remaining fraud claim in a certified class action accusing the company and two of its executives of misleading shareholders about phone sales in China.

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