Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

DEADLINE MONDAY ALERT: The Schall Law Firm Announces it is Investigating Claims Against Apple Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–$AAPL #AAPLThe
Schall Law Firm
, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
Apple Inc. (“Apple” or “the Company”) (NASDAQ: AAPL)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Both demand for Apple’s iPhones and its pricing power in
greater China were negatively impacted by the U.S.-China trade war.
Because Apple discounted the price of replacement batteries for certain
iPhone models, a decision made due to the revelation that the Company
was purposefully degrading the battery performance of these products,
customers were replacing their batteries instead of purchasing a new
iPhone, impacting sales growth. Apple slashed production of 2018 iPhone
models and cut prices to reduce its current inventory. The Company also
withheld unit sales for iPhones and other products, a metric long used
by investors to judge the Company’s performance, in order to mask the
decline in sales of the iPhone, Apple’s most prominent product. Based on
these facts, the Company’s public statements were false and materially
misleading throughout the class period. When the market learned the
truth about Apple, investors suffered damages.

If you are a shareholder who suffered a loss, click
here to participate
.

We also encourage you to contact Brian Schall of the Schall Law Firm,
1880 Century Park East, Suite 404, Los Angeles, CA 90067, at
424-303-1964, to discuss your rights free of charge. You can also reach
us through the firm’s website at www.schallfirm.com,
or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell:
424-303-1964
info@schallfirm.com
www.schallfirm.com

Staff

Recent Posts

Cultural Finance Empowers New Quality Productive Forces in the Greater Bay Area’s Cultural Industry

GUANGZHOU, China, Nov. 22, 2024 /PRNewswire/ -- From November 20 to 22, the 2024 Guangdong-Hong…

17 minutes ago

GE HealthCare Announces Advanced Imaging Innovations for OEC 3D C-arm to Help Improve Precision Care in Practice of Interventional Pulmonology

To help improve clinician workflow and visualization during endoscopic bronchoscopy procedures, the company has added…

7 hours ago

IMMOTION WINS BEST VR AWARD FOR THE GREAT MIGRATION AT WCFF 2024

MONTERREY, Mexico, Nov. 22, 2024 /PRNewswire/ -- IMMOTION, the global leader in immersive edutainment, received…

15 hours ago

Nuvo Noir Secures Jazz Phenom, Ayo Brame, as Featured Performer

Saint Maurice Clothing to Hold New Year's Eve Celebration, Highlights Black Art, Tech, and History…

15 hours ago