IN RE APPLE INC. STOCKHOLDER DERIVATIVE LITIGATION

  1. 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.

  2. 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."

  3. March 04, 2024

    Apple Inks Deal To End Derivative Suit Over Slow IPhones

    Apple investors are urging a California federal judge to approve a noncash settlement of their derivative shareholder suit claiming the tech giant's top brass secretly slowed older iPhones, saying the deal will bring needed board committee reforms and notify consumers about battery options when their phones' performance degrades.

  4. June 30, 2020

    Robbins, WeissLaw To Lead Apple Suit Over Slow IPhones

    Robbins LLP and WeissLaw LLP have won co-lead counsel status in a shareholder derivative action accusing Apple Inc.'s top brass of intentionally slowing down its older iPhone models after a California federal judge found that the firms had "an edge" over two competing firms.

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