Apple Settles $490 Million Lawsuit Over Tim Cook Shareholder Fraud Allegations
Friday, 15 March 2024, 18:25
Apple Lawsuit Settlement Details
Apple has agreed to a $490 million settlement in a lawsuit that alleged CEO Tim Cook defrauded shareholders. The lawsuit, filed by a pension fund from Norfolk in the UK, accused Apple of misleading investors.
Key Points:
- Settlement Amount: $490 million
- Allegations: Tim Cook Shareholder Fraud
- Plaintiff: Norfolk Pension Fund
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