In a dramatic turn of events, Apple Inc. finds itself at the center of a class action securities lawsuit, accused of misleading shareholders about the readiness of its AI-powered Siri features and their impact on the anticipated iPhone 16 sales. The lawsuit, filed on behalf of investors who suffered losses between September 10, 2024, and September 9, 2025, alleges that Apple made false claims about the integration timeline of advanced Siri capabilities. These features were expected to be a significant selling point for the iPhone 16, but their absence reportedly led to disappointing sales figures. As a result, Apple’s financial outlook was allegedly overstated, leaving investors in the dark about the true state of the company’s prospects.
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For those who invested in Apple during this period and experienced losses, there is an opportunity to seek recovery. Affected shareholders are encouraged to visit the provided link to understand their rights and explore the possibility of joining the lawsuit. Participation comes with no cost or obligation.
The legal charge is spearheaded by Levi & Korsinsky LLP, a firm renowned for its expertise in securities litigation. With a robust team and a history of securing substantial recoveries for shareholders, they stand ready to represent investors in this high-profile case.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171