Apple reaches US$490-million settlement over CEO Tim Cook’s China sales comments
March 15, 2024Apple AAPL-Q has reached a $490-million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
A preliminary settlement was filed on Friday with the U.S.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.
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