According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that:
- Apple misstated the time it would take to integrate the advanced AI-based Siri features into its devices;
- accordingly, it was highly unlikely that these features would be available for the iPhone 16;
- the lack of such advanced AI-based features would hurt iPhone 16 sales;
- as a result, Apple’s business and/or financial prospects were overstated; and
- as a result, Apple’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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