Press release
Investigation announced for Long-Term Investors in Apple Inc. (NASDAQ: AAPL) over potential Wrongdoing
An investigation was announced for current long-term investors in shares of Apple Inc. (NASDAQ: AAPL) concerning potential breaches of fiduciary duties by certain directors of Apple Inc.Investors who are current long term investors in Apple Inc. (NASDAQ: AAPL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: AAPL stocks follows a lawsuit filed against Apple Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: AAPL stocks, concerns whether certain Apple Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Apple misstated the time it would take to integrate the advanced artificial intelligence ("AI")-based Siri features into its devices, that accordingly, it was highly unlikely that these features would be available for the iPhone 16, that the lack of such advanced AI-based features would hurt iPhone 16 sales, and that as a result, Apple's business and/or financial prospects were overstated.
Those who purchased shares of Apple Inc. (NASDAQ: AAPL) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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