Apple has disclosed that two derivative lawsuits have been filed against its current and former officers and directors relating to the company’s awarding of stock option grants. The suits were filed in the United States District Court for the Northern District of California and the Superior Court for Santa Clara County. Last week, Apple proactively announced that it had discovered irregularities in the issuance of certain stock option grants. The company is conducting an independent investigation into the matter and said it is currently evaluating its response to the lawsuits.
Latest News
- 3-in-1 Apple Watch, AirPods & iPhone Charger is 28% Off
- Get the official MagSafe charger for your new iPhone 13, now only $27
- iOS Private Relay feature will not appear in Russia
- Outer plastic wrap gone from iPhone 13 packaging
- AppleCare+ extensions arrive in Spain, Italy and France
- Protect and Position Your iPhone 12 Perfectly on Your Car Dashboard with the Discounted Belkin Bundle
- Latest iPad Mini doesn’t get faster mmWave 5G technology
- Apple iPhone 13 and 13 Pro Pre-Order page shows ‘You’re Early’ banner
- Apple replaces Apple Watch SE charging cable
- The Apple Certified Support Professional MacOS 11 Course is 89% Off
- Never Get a Weak WiFi Signal Again With This $70 Off Wi-Fi 6 Gaming Router
- New iPad mini announced
- iPhone AppleCare+ loss and theft coverage arrives in Australia and the UK
- Tim Cook Named as ‘Titan’ in Time’s most influential people list
- Degoo Premium: Lifetime Backup Plans (New Skus) is 97% Off
- Achieve an Ergonomic Work From Home Setup with a Premium Laptop Stand for Only $51
- Apple lowers iPhone back glass damage service fee thru AppleCare+
- Pre-approvals for iPhone 13 via iPhone upgrade program now open
- Apple reveals three new iPad mini and iPad case colors
- 4-in-1 Multi-Port & Apple Watch Charger is 48% Off
- MagStack Foldable 3-in-1 Wireless Charging Station with Magnetic Floating Stand is 35% Off
- Get a Reliable 45W USB-C GaN Charger for Just $21
- T-Mobile iPhone to be sold at Walmart online and Walmart stores
- More drivers called to test Apple’s self-driving vehicles
- Study shows effective Apple product placement on Apple TV+ shows