Apple settles lawsuit with Norfolk County Council over iPhone sales dispute

Friday, 15 March 2024, 19:59

Apple has agreed to pay £384 million to settle a lawsuit with Norfolk County Council regarding allegations of misleading investors about iPhone sales in China. The claim accused Apple's chief executive Tim Cook of deception between November 2018 and January the following year. This settlement marks a significant financial resolution to the dispute.
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Apple settles lawsuit with Norfolk County Council over iPhone sales dispute

Apple settles £384m lawsuit with Norfolk County Council

The claim alleged that Apple's chief executive Tim Cook misled investors about iPhone sales in China between November 2018 and January the following year.

This settlement marks a significant financial resolution to the dispute, putting an end to the legal battle between the Norfolk County Council and Apple.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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