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IN RE APPLE INC. SECURITIES LITIGATION

  1. July 29, 2022

    Apple Must Produce Docs On Tim Cook's 'Letter To Investors'

    A California magistrate judge on Friday ordered Apple to produce multiple documents related to Apple CEO Tim Cook's 2019 "Letter to Investors" in its fight with a certified class of Apple stockholders who allege they were misled about iPhone sales, finding that many of the documents are not protected under attorney-client privilege.

  2. February 04, 2022

    Apple Investors Win Partial Class Cert. In China Sales Dispute

    A California federal judge on Friday certified a class of Apple common-stock holders who allege that the tech giant made misleading statements about iPhone sales, but she excluded option holders, saying the plaintiffs didn't show how damages for the subgroup could be calculated on a class-wide basis.

  3. January 18, 2022

    Apple Investors Near Certification In IPhone Sales Dispute

    A California federal judge on Tuesday appeared open to certifying a class of Apple common-stock holders who allege that the tech giant made misleading statements about iPhone sales, but questioned whether she could certify a subclass of options traders, who she noted aren't purely driven by market conditions.

  4. July 12, 2021

    Apple Fights Investors' Cert. Bid In IPhone Sales Dispute

    Apple on Friday urged a California federal court to shoot down a class certification bid from shareholders claiming the tech giant made misleading statements about iPhone sales, arguing that reliance on the purported statements didn't affect Apple's stock price and thus couldn't have caused the claimed losses.

  5. June 01, 2021

    Judge Rips Apple, Investors Over 'Ridiculous' Discovery Row

    A California federal magistrate judge slammed counsel for Apple and a proposed class of shareholders Tuesday for not reaching compromises over discovery disputes concerning Apple's statements about iPhone sales, saying their disputes have been "absolutely ridiculous" and telling a plaintiff's attorney, "Boy, you're a pain in the butt."

  6. November 05, 2020

    Apple Dodges Part Of Investors' IPhone Sales Suit

    A California federal judge ruled Wednesday that investors' allegations that Apple Inc. misrepresented its sales prospects in China in violation of the Securities Exchange Act may proceed, but trimmed other fraud allegations from the putative class action.

  7. July 14, 2020

    Apple Again Seeks End To Investors' IPhone Sales Suit

    Apple Inc. on Monday again sought to shed a proposed securities class action in California federal court over alleged misstatements about iPhone sales, telling a judge that the latest version of its investors' suit did not include details supporting the claim that the company's CEO had lied to the public.

  8. June 22, 2020

    Robbins Geller Takes Reins From Labaton In Apple Suit

    Robbins Geller Rudman & Dowd LLP will take over the lead plaintiffs' counsel role in a proposed securities class action accusing Apple Inc. of hurting its investors by allegedly misrepresenting information about its sales and the demand for its products.

  9. June 03, 2020

    Apple Must Face Claims Over CEO's Comments To Analysts

    A California federal judge ruled Tuesday that Apple Inc. will have to face shareholder claims over CEO Tim Cook's 2018 comments to analysts about iPhone sales and operations in China, but dismissed a slew of other claims.

  10. March 11, 2020

    Apple Might Beat Investors' 'Amorphous' IPhone Sales Suit

    A California federal judge appeared open Wednesday to tossing Apple investors' putative class claims alleging the tech giant misrepresented its sales in China and intentionally hid wrongdoing relating to its sluggish iPhones, saying that despite the length of the 190-page complaint, "it's still somewhat amorphous."

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