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The filed complaint alleges that Apple Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Apple misstated the time it would take to integrate the advanced AI-based Siri features into its devices; (ii) accordingly, it was highly unlikely that these features would be available for the iPhone 16; (iii) the lack of such advanced AI-based features would hurt iPhone 16 sales; (iv) as a result, Apple’s business and/or financial prospects were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
In order to be eligible to join the AAPL class action lawsuit, you must have incurred a loss on shares of Apple Inc. purchased during the class period listed above.
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