A lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) alleging securities laws violations. Investors who purchased in excess of $250,000 in shares between June 10, 2024 and June 9, 2025 have options and must contact the Shareholders Foundation by August 19, 2025. The plaintiff alleges that Apple misstated the time to integrate AI-based Siri features into its devices.
A lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) alleging securities laws violations. Investors who purchased more than $250,000 in shares between June 10, 2024, and June 9, 2025, have until August 19, 2025, to contact the Shareholders Foundation. The lawsuit, filed by Kessler Topaz Meltzer & Check, LLP, accuses Apple of making false and misleading statements about the integration of advanced AI-based Siri features into its devices.
The complaint alleges that Apple misstated the time it would take to integrate these features and that it was highly unlikely they would be available for the iPhone 16. Additionally, it claims that Apple overstated its business and financial prospects due to the lack of these advanced features, resulting in materially false and misleading public statements [1].
Investors affected by these allegations are encouraged to contact the Shareholders Foundation or Kessler Topaz Meltzer & Check, LLP to seek more information and explore their options. The lead plaintiff deadline is August 19, 2025, and investors can choose to serve as a lead plaintiff or remain an absent class member. The ability to share in any recovery is not affected by the decision to serve as a lead plaintiff [1].
This lawsuit underscores the importance of transparency and accuracy in corporate disclosures. Investors should closely monitor developments and consider consulting with legal professionals for advice tailored to their specific situations.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250714dc29063/aapl-class-action-filed-kessler-topaz-meltzer-check-llp-reminds-investors-a-securities-fraud-class-action-lawsuit-has-been-filed-against-apple-inc-aapl
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