Wednesday, April 17, 2019
Apple Hit With Securities Fraud Lawsuit for Hiding iPhone Sales Drop
Apple is facing a class action lawsuit accusing the company of securities fraud for making false statements and failing to disclose adverse information regarding its business prospects. These actions allegedly led to an artificially inflated stock price. Specifically, the lawsuit claims that Apple was not initially forthcoming about a drop in demand for the iPhone due to poor sales in China and 
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Threat actors are exploiting ProxyLogon and ProxyShell exploits in unpatched Microsoft Exchange Servers as part of an ongoing spam campaign
-
The connection between the Apple Watch and an iPhone is the core of Apple’s wearable experience, and for the first time, the company gave th...
-
You might not need to panic. BroadSoft tells Gizmodo that it locked down its Amazon data (Charter says it was taken down) and hasn’t seen ev...
No comments:
Post a Comment