Apple must face US shareholder lawsuit over CEO's iPhone, China comments

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Apple must face US shareholder lawsuit over CEO's iPhone, China comments

Led to tens of billions of dollars in shareholder losses.

A US federal judge said Apple must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens of billions of dollars in shareholder losses. While dismissing most claims, US District Judge Yvonne Gonzalez Rogers ruled late Tuesday ...

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