tradingkey.logo

Apple sued by shareholders over AI disclosures

ReutersJun 20, 2025 6:23 PM

- Apple AAPL.O was sued by shareholders in a proposed class action on Friday, accusing it of downplaying the time needed to integrate advanced artificial intelligence-based features into its Siri assistant, hurting iPhone sales and its stock price.

The complaint filed in San Francisco federal court seeks unspecified damages for shareholders who lost money in the year ending June 9.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI