They haven't lost a cent from any mismanagement. This is frivolous at best. This has been a well performing stock.

The lawyers will be the sole beneficiaries of this lawsuit and all of the Apple investors will potentially lose even more than they allegedly lost already.

Why would they do this - they have dinged the stock 6 points and it hurts them. How could they have lost any money here - its up 300%? Do they just want control over the lawsuit to stop it? Just sucks for us longtime Apple Stockholders - who hold. I buy on the dips because I always know they will come up with something new - but this kind of stuff is just unnerving! www.i-rant.com

All a suit like this will do is keep the funds lawyers busy. There is no way they will be able to make the case that this stock has underperformed - since it is up almost 900% over the last 5 years. Go away idiots, you are hurting my AAPL stock performance with your frivolous lawsuit.

Morons.

...but I sure wouldn't call it wise, either. Talk about biting the hand the feeds you! Like others have pointed out, they are going to depress the stock value far more than any potential settlement they'll get; and the lawyers will be laughing all the way to the bank.

Steve Jobs has made me rich, now, the lawyers are mad they didn't get in on the action earlier, and want some of the money.

I can't believe they're doing this. h***, people who sue large successful companies like Enron, Worldcom, etc, just end up causing them to go belly up. They should just accept what's happened and be happy!

One of the reasons they're doing this is to make sure Apple doesn't do this again. That's usually what the goal is of many a class action lawsuit.

Plus, what do any of you know how said financial misdeeds have hurt this fund. Maybe they sold some of their stock when prices went down due to these decisions, causing them to lose money (or not make as much as they could).

More importantly, how much would the stock be worth now if this whole mess didn't happen? Sure, its at $90, but mightn't it be worth $100 or $110 if it wasn't for the restatements, lawsuits, and so on?

Pigs get fat and hogs get slaughtered. Saying Apple might be over $100 per share if it wasn't for these problems is c***. All these rumors have had zero effect on Apple stock. The teachers should thank their fund managers they weren't in Dell and Microsoft. They could have bought more Apple in August when it dropped below 60. Anyone who sold at that point deserves what they got...