AAPL Investors Have Opportunity to Lead Apple Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Apple Inc. for allegedly making false and misleading statements regarding the integration of AI-based features into its devices, which negatively impacted iPhone 16 sales [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a), and Rule 10b-5 [1]. - Investors who purchased Apple securities between June 10, 2024, and June 9, 2025, are encouraged to participate in the lawsuit before the deadline of August 19, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Apple - The complaint alleges that Apple misled investors about the timeline for integrating advanced AI features into Siri, suggesting these features would not be ready for the iPhone 16 [4]. - The absence of these AI features is claimed to have adversely affected iPhone 16 sales, leading to investor losses when the truth was revealed [4].