Apple Agrees to Pay $490M to Settle Lawsuit Alleging That Tim Cook Defrauded Shareholders

Apple has agreed to pay $490 million to settle a class action lawsuit alleging that Apple CEO Tim Cook defrauded shareholders by concealing falling demand for iPhones in China, according to Reuters, which cited a court filing today. The proposed settlement requires approval by U.S. District Judge…#apple #timcook #iphones #yvonnegonzalezrogers #turkey #brazil #greaterchina #ipad
Source: Reuters: Health - Category: Consumer Health News Source Type: news