Apple sued for securities fraud by Bleichmar Fonti & Auld LLP.

Bleichmar Fonti & Auld LLP has filed a lawsuit against Apple Inc. and certain senior executives for potential violations of federal securities laws. The lawsuit, captioned Tucker v. Apple Inc., et al., No. 5:25-cv-05197, asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Investors who purchased Apple securities have until August 19, 2025, to ask the Court to be appointed to lead the case.

Bleichmar Fonti & Auld LLP has filed a lawsuit against Apple Inc. and certain senior executives, alleging potential violations of federal securities laws. The lawsuit, captioned Tucker v. Apple Inc., et al., No. 5:25-cv-05197, asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint centers on Apple's alleged misrepresentation of Siri's advanced AI-based features and their integration into iPhone 16 products [1].

Investors who purchased Apple securities are encouraged to take action. They have until August 19, 2025, to ask the Court to be appointed to lead the case. The lawsuit accuses Apple of lacking functional prototypes of the purported advanced AI features and misrepresenting the time it would take to integrate these features into their devices [1].

The stock market's reaction to Apple's delayed announcements reflects investor concerns. On March 7, 2025, Apple announced indefinite delays in several AI-based Siri features, leading to a $11.59 per share decline, or almost 5%, from $239.07 to $227.48 [1]. Similarly, Apple's Worldwide Developer Conference in June 2025, which failed to announce new Siri updates, resulted in a $2.47 per share drop, or over 1%, from $203.92 to $201.45 [1].

Investors are advised to consult with legal professionals to understand their options. Bleichmar Fonti & Auld LLP, a leading international law firm, represents plaintiffs in securities class actions and shareholder litigation. They have successfully recovered significant amounts from other companies, including Tesla, Inc. and Teva Pharmaceutical Ind. Ltd. [1, 2].

For more information, investors can visit https://www.bfalaw.com/cases-investigations/apple-inc-class-action-lawsuit or contact Ross Shikowitz at ross@bfalaw.com or 212-789-3619 [1, 2].

References:
[1] https://www.globenewswire.com/news-release/2025/07/10/3113219/0/en/AAPL-COURT-NOTICE-Apple-Inc-Investors-may-have-been-Affected-by-Fraud-Contact-BFA-Law-by-the-August-19-Legal-Deadline-NASDAQ-AAPL.html
[2] https://www.globenewswire.com/news-release/2025/07/12/3114325/0/en/AAPL-FRAUD-ALERT-Apple-Inc-Stock-Drop-Triggers-Securities-Fraud-Class-Action-Investors-Notified-to-Contact-BFA-Law-by-August-19-NASDAQ-AAPL.html