StockNews.AI
AAPL
StockNews.AI
117 days

INVESTIGATION ALERT (NASDAQ: AAPL): DiCello Levitt LLP Is Investigating Investor Claims Against Apple, Inc. and Encourages AAPL Investors with Losses to Contact the Firm

1. Apple is under investigation for potential securities law violations by DiCello Levitt. 2. Allegations involve misleading statements about AI integration in iPhone 16 models. 3. The delayed rollout of AI features led to a nearly 5% stock drop. 4. Investors affected between June 2024 and March 2025 are encouraged to participate. 5. No case has been filed or class certified as of now.

5m saved
Insight
Article

FAQ

Why Bearish?

The stock fell nearly 5% after news of the delay, indicating investor concern. Historical context shows similar delays in tech product rollouts lead to stock volatility.

How important is it?

The investigation could lead to legal and financial repercussions, impacting Apple's stock. Given Apple's public prominence, the implications of allegations are significant.

Why Short Term?

Short-term concerns stem from immediate investor reactions to the news, but long-term impacts depend on resolution. Similar past incidents have resulted in temporary effects lasting a few months.

Related Companies

SAN DIEGO, April 24, 2025 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Apple, Inc. (“Apple” or the “Company”) (NASDAQ: AAPL) violated the federal securities laws, issued false and/or misleading statements, and/or failed to disclose information required to be disclosed to investors. Investors who purchased Apple common stock between June 10, 2024 and March 9, 2025, and those with information about the allegations, are encouraged to obtain additional information and assist the Firm’s investigation by contacting DiCello Levitt attorneys Brian O’Mara or Corban Rhodes by calling (888) 287-9005 or emailing investors@dicellolevitt.com. No Case Has Been Filed and No Class Has Been Certified. Until a case is filed and a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. Investigation Details: Apple is a global technology company that designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories. The Company’s smartphones, or “iPhones,” account for a significant portion of its revenue and profits. DiCello Levitt is investigating whether Apple made material misrepresentations and/or failed to disclose material information regarding the Company’s ability to integrate Artificial Intelligence (“AI”) features into its iPhone 16 and 16 Plus models. On June 10, 2024, Apple announced its upcoming release of the new iPhone 16 and 16 Plus models. The Company heavily marketed these new iPhones as being “built for Apple Intelligence,” a suite of generative AI features integrated into iOS 18 and its devices, including a major upgrade to Siri, Apple’s voice assistant. Apple touted the new, upgraded AI-driven Siri as “more conversational,” capable of increased understanding of user context, and being powered by ChatGPT, a state-of-the-art natural language processing model developed by OpenAI. Apple claimed that the iPhone 16 and 16 Plus were designed from the ground up to support Apple Intelligence, redefining smartphone use in the new AI economy. However, on March 7, 2025, Apple announced that the availability of Apple Intelligence would be significantly delayed, and that the Company “needed more time to finish developing the new Siri features” that would enhance Siri’s AI capabilities and anticipated “rolling them out in the coming year.” On this news, the price of Apple common stock fell by nearly 5% to close at $227.50 per share on March 10, 2025, the first trading day after Apple disclosed the truth about Apple Intelligence and iPhone 16. About DiCello Levitt: At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases – whether by trial, settlement, or otherwise – for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens’ rights and interests. Every day, we put our reputations – and our capital – on the line for our clients. DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the National Law Journal, in addition to its top-tier Chambers and Benchmark ratings. The New York Law Journal also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com. Attorney Advertising. Prior results do not guarantee a similar outcome. Media Contact Amy Coker4747 Executive Drive, Suite 240San Diego, CA 92121619-963-2426investors@dicellolevitt.com

Related News