Apple shareholders sue over alleged securities law violations.

A class action lawsuit has been filed against Apple Inc. for alleged violations of the Securities Exchange Act of 1934. The lawsuit claims that Apple misled investors by concealing negative information about its business. Investors who purchased Apple's securities between June 10, 2024, and June 9, 2025, are encouraged to contact the Schall Law Firm before August 19, 2025, to discuss their rights.

A class action lawsuit has been filed against Apple Inc. (NASDAQ: AAPL) for alleged violations of the Securities Exchange Act of 1934. The lawsuit claims that Apple misled investors by concealing negative information about its business. Specifically, the complaint alleges that Apple misrepresented the advanced AI-based features of its digital personal assistant, Siri, and the time it would take to integrate these features into its devices.

The lawsuit, filed in the U.S. District Court for the Northern District of California, is captioned Tucker v. Apple Inc., et al., No. 5:25-cv-05197. It asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Apple securities between June 10, 2024, and June 9, 2025 [1].

Investors who purchased Apple securities during this period are encouraged to contact the Schall Law Firm before August 19, 2025, to discuss their rights. The firm, known for its expertise in securities class actions and shareholder litigation, has a track record of success in recovering millions of dollars for investors [3].

The lawsuit follows a series of developments that have negatively impacted Apple's stock price. On March 7, 2025, Apple announced an indefinite delay in several AI-based Siri features, citing development delays. This announcement resulted in a significant decline in Apple's stock price, falling by almost 5% to $227.48 per share [1]. A further decline occurred on June 9, 2025, when Apple's Worldwide Developer Conference for 2025 failed to announce any new updates regarding advanced Siri features. The stock price dropped by over 1% to $201.45 per share [1].

Investors who believe they have been affected by Apple's alleged misrepresentations are urged to act promptly. The Schall Law Firm offers contingency fee representation, meaning there is no cost to investors for their legal services. Shareholders are not responsible for any court costs or expenses of litigation [3].

For more information, investors can visit the Schall Law Firm's website or contact the firm directly [3].

References:
[1] https://www.morningstar.com/news/globe-newswire/9493326/aapl-fraud-class-action-apple-inc-investors-may-have-been-affected-by-fraud-contact-bfa-law-by-august-19-legal-deadline-nasdaqaapl
[2] https://www.morningstar.com/news/globe-newswire/9492730/aapl-fraud-alert-apple-inc-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-19-nasdaqaapl
[3] https://www.tradingview.com/news/reuters.com,2025-07-13:newsml_GNXX2NTT:0-rosen-top-ranked-investor-counsel-encourages-apple-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-aapl/