San Diego, June 23, 2025 /PRNewswire/ — Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or acquired Apple, Inc. (NASDAQ: AAPL) securities between June 10, 2024 and June 9, 2025. Apple is a multinational technology company that engages primarily in the business of smart-device and computer design and manufacturing, entertainment and artificial intelligence (“AI”).
For more information, submit a form, emailattorney Aaron Dumas, Jr.or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations That Apple, Inc. (AAPL) Misled Investors Regarding the Availability of Updates to its AI-Based Siri Feature
According to the complaint, in June 2024Apple announced advanced AI-based Siri features as the primary reason for customers to purchase the iPhone 16. Plaintiff contends, however, that during the class period, defendants failed to disclose that: (i) Apple misstated the time it would take to integrate the advanced AI-based Siri features into its devices; (ii) accordingly, it was highly unlikely that these features would be available for the iPhone 16; (iii) the lack of such advanced Ai-based features would hurt iPhone 16 sales; and (iv) as a result, Apple’s business and/or financial prospects were overstated.
When the truth was revealed, Apple’s stock price fell, harming investors.
What Now:You may be eligible to participate in the class action against Apple, Inc. Shareholders who want to serve as lead plaintiff for the class are required to submit their motions to the court by August 19, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP:A recognized leader in shareholder rights litigation, the attorneys and staff ofRobbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
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SOURCE Robbins LLP
