Apple Stock Class Action Lawsuit 2024 Settlement. Apple (nasdaq:aapl) is paying $490m to settle a class action lawsuit brought forth by shareholders against the tech giant after they alleged chief executive tim cook. Received final approval from a federal court for a $490 million settlement in a securities fraud class action alleging misleading statements about the technology company’s sales.
Apple (nasdaq:aapl) is paying $490m to settle a class action lawsuit brought forth by shareholders against the tech giant after they alleged chief executive tim cook. The iphone maker was accused of defrauding shareholders when it cut its quarterly revenue forecast by up to $9 billion.
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