Apple Agrees to Pay $490M in iPhone Suit by Investors

Apple has agreed to pay $490 million to end a class-action lawsuit accusing its CEO of misleading investors with a false assurance about demand for iPhones in China. The suit was sparked by Apple's unexpected announcement on Jan. 2, 2019, that the company planned to cut its quarterly revenue…#apple #iphones #timcook #iphone #turkey #brazil #oakland #yvonnegonzalezrogers #shawnwilliams #journal
Source: Reuters: Health - Category: Consumer Health News Source Type: news