Investors of Apple Inc. Facing Losses May Lead Class Action Suit Against the Company

Opportunity for Apple Inc. Investors: Class Action Lawsuit

SAN DIEGO, June 24, 2025 – Robbins Geller Rudman & Dowd LLP announces an opportunity for investors to take a stand against Apple Inc. (NASDAQ: AAPL), who purchased or acquired shares between June 10, 2024, and June 9, 2025. If you found yourself facing significant financial losses during this period, you may be eligible to lead a class action lawsuit against the company. Investors must act before the deadline of August 19, 2025, to seek appointment as lead plaintiff in this case.

The class action lawsuit, titled Tucker v. Apple Inc., No. 25-cv-05197 (N.D. Cal.), accuses Apple and several of its top executives of violating the Securities Exchange Act of 1934. According to the allegations, Apple made misleading statements and failed to disclose critical information that impacted the stock's performance.

Allegations Against Apple

The lawsuit outlines several key allegations:
1. False Statements: Apple is accused of misrepresenting the integration timeline of its advanced AI-based Siri features into its devices.
2. Delayed Features: Analysts claim that these features, crucial for the upcoming iPhone 16, were unlikely to meet the launch date as promised. This has led to potential harm in sales projections for the product.
3. Stock Imbalances: Following Apple's announcement on March 7, 2025, about indefinitely delaying the Siri updates, the company's stock price saw a substantial decline.
4. Market Analyst Revisions: A report from Morgan Stanley further influenced the stock price, wherein analyst Erik Woodring reduced the price target from $275 to $252, indicating that delays would likely affect iPhone upgrade cycles.
5. Negative Press Coverage: An article published by the Wall Street Journal exacerbated these concerns, indicating that Apple failed to deliver on its promises regarding advanced Siri features, which resulted in a significant 7% drop in stock price.

Most notably, during Apple’s Worldwide Developer Conference (WWDC) on June 9, 2025, the company did not announce any new updates regarding the anticipated Siri features, leading to yet another downturn in stock value.

The Role of the Lead Plaintiff

Under the Private Securities Litigation Reform Act of 1995, any investor who purchased Apple securities during the specified class period can apply to become a lead plaintiff. The lead plaintiff's role consists of representing the interests of the entire class and guiding the lawsuit. A prospective lead plaintiff is usually the one with the largest financial stake in the case who can also adequately represent the interests of the class.

This class action lawsuit serves as an essential measure for holding corporations accountable for misleading practices and ensuring that investors have a voice.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation. The firm is recognized for achieving extraordinary results, consistently ranking as a top firm for recovering monetary relief for investors in securities class actions. Last year, they successfully secured over $2.5 billion on behalf of investors, affirming their capability to manage complex litigation against some of the world’s largest companies.

In conclusion, if you hold Apple stocks and experienced substantial losses, now is the time to consider joining the class action lawsuit. For more information, or to provide details for lead plaintiff consideration, visit the Robbins Geller website or contact their team directly.

For assistance, reach J.C. Sanchez or Jennifer N. Caringal of Robbins Geller at 800-449-4900 or at [email protected]
Secure your voice in this legal matter to protect your rights as an investor.