Class Action Lawsuit Filed Against Apple Inc. Over False AI Claims and Stock Declines

Class Action Lawsuit Against Apple Inc. and Certain Officers

Pomerantz LLP has initiated a class action lawsuit against Apple Inc. and several of its officers, marking a significant legal development for the tech giant. This class action was filed in the United States District Court for the Northern District of California and is cataloged under docket number 25-cv-05197. It concerns all individuals and entities, excluding the defendants, who acquired Apple securities between June 10, 2024, and June 9, 2025. The lawsuit seeks to recover losses triggered by alleged violations of federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and has been highly publicized in the financial markets.

Investors impacted by these allegations are urged to act quickly. They have until August 19, 2025, to petition the Court to appoint themselves as Lead Plaintiff for the class. Interested parties can access a copy of the complaint at Pomerantz Law Firm's website. For individual inquiries about the lawsuit, individuals can reach out to Danielle Peyton, a representative of the firm.

The lawsuit revolves around Apple’s marketing of its advanced artificial intelligence capabilities, particularly concerning its Siri digital assistant. Apple, a leader in technology innovation, launched the iPhone 16 in October 2024, promoting it with new Siri features that promised a more integrated and