San Diego, CA -- 02/13/2018 -- Apple Inc. is under investigation over potential securities laws violations in connection with certain statements made by Apple Inc.
The investigation by a law firm focuses on whether certain statements by Apple Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
In early 2017, Apple Inc. allegedly released a software update that slowed the performance of older model iPhones, without disclosing the impact of the update to consumers.When the foregoing conduct came to light, Apple Inc. was sued by consumer advocacy groups and individual iPhone users. On January 30, 2018, media outlets reported that the U.S. Department of Justice and Securities Exchange Commission are investigating whether Apple's disclosures with respect to the software update at issue violated securities laws.
Those who purchased shares of Apple Inc. (NASDAQ:AAPL) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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