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INVESTIGATION ALERT (NASDAQ: AAPL): DiCello Levitt LLP Is Investigating Investor Claims Against Apple, Inc. and Encourages AAPL Investors with Losses to Contact the Firm
AAPLApple(AAPL) GlobeNewswire News Room·2025-04-24 20:23

Core Viewpoint - DiCello Levitt LLP is investigating whether Apple, Inc. violated federal securities laws by issuing false or misleading statements and failing to disclose required information to investors regarding the integration of AI features in its iPhone 16 and 16 Plus models [1][4]. Group 1: Investigation Details - The investigation focuses on whether Apple made material misrepresentations about its ability to integrate AI features into the iPhone 16 and 16 Plus models [4]. - Apple announced the release of the iPhone 16 and 16 Plus on June 10, 2024, marketing them as "built for Apple Intelligence," which included significant AI features and an upgraded Siri powered by ChatGPT [5]. - On March 7, 2025, Apple disclosed that the availability of Apple Intelligence would be significantly delayed, causing a nearly 5% drop in its stock price to $227.50 per share on March 10, 2025 [6]. Group 2: Investor Information - Investors who purchased Apple common stock between June 10, 2024, and March 9, 2025, are encouraged to contact DiCello Levitt for additional information and to assist in the investigation [2]. - No case has been filed, and no class has been certified, meaning investors are not represented unless they retain counsel [3].