Apple reaches $490 million settlement with shareholders over China sales comments-March 2024-www.financetom.com

Apple reaches $490 million settlement with shareholders over China sales comments

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Apple reaches $490 million settlement with shareholders over China sales comments

Mar 15, 2024 6:03 AM

March 15 (Reuters) - Apple ( AAPL ) has reached a $490

million settlement to resolve a class-action lawsuit that

accused Chief Executive Tim Cook of defrauding shareholders by

concealing falling demand for iPhones in China, court papers

showed on Friday.

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