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Apple did not infringe ContentGuard DRM patents, federal court finds

11/23, 9:06am

Patent infringement lawsuit clears Apple, but fails invalidity bid

Apple has prevailed in a patent lawsuit concerning the sale and distribution of DRM-protected content, but did not win on all points. The lawsuit brought against Apple by ContentGuard has been dismissed after a jury found Apple did not infringe on five antipiracy patents, but at the same time the jury decided Apple did not do enough to prove the patents were invalid in court, meaning that other companies could still be sued over the very same patents in the future.


Second class action lawsuit launched against Apple over Wi-Fi Assist

11/16, 11:26am

New lawsuit attacks default-on nature of Wi-Fi Assist

Apple has become the target of a second class action lawsuit over its inclusion of the Wi-Fi Assist feature in iOS 9. Filed in the US District Court for the Northern District of California, the new suit is similar to the first class action suit filed late last month, claiming Apple's decision to have Wi-Fi Assist enabled by default is costing consumers money by running up their phone bills with excess data charges.


Court dismisses employee lawsuit over Apple bag search policy

11/09, 6:46am

Lawsuit fails due to optional nature of bringing bags to stores

A class-action suit relating to Apple's employee bag search policy was shut down by a federal judge over the weekend. The ruling on Saturday halts proceedings for the suit, which sought to force the company to pay its retail staff for their time spent waiting for their bag to be inspected by managers before and after their shift, with the judge primarily dismissing the suit over the fact employees could avoid being searched by not using bags at all.


Apple sued by couple over Wi-Fi Assist cellular data overusage issues

10/26, 7:11am

Attempted class action lawsuit claims Apple failed to warn about Wi-FI Assist costs

Apple has become the target of a class action complaint over the Wi-Fi Assist feature in iOS 9, with a demand from a couple to reimburse affected users. The lawsuit claims the function is using a lot of cellular data, potentially putting an iPhone or iPad user over their plan's allowance and costing them excess data fees, with the complaint claiming the issue has already cost consumers in excess of $5 million.


Judge: game currency 'play money,' kills illegal gambling suit

10/23, 12:29pm

Player alleged wheel spin game mechanic an illegal gambling apparatus

A US judge has shot down an attempt at a class action suit against the Machine Zone, the makers of widely publicized mobile title Game of War. US District Judge James Bredar ruled that a "slot machine" mechanic, potentially fed by in-app purchase of game currency, was not an illegally operated online casino, and rebuked the attorneys filing the suit for a "hodgepodge of hollow claims lacking allegations of real-world harms or injuries."


Apple, Samsung agree to enter mediation to achieve settlement

09/29, 12:01am

Track record for such meetings not great, may head off damages retrial

Apple and Samsung have agreed to participate in court-supervised mediation to try and finally find a settlement sum satisfactory to both parties over the first of their two US patent trials, which originally ended with a judgement against Samsung for $1.05 billion. Through various legal actions, that sum has been whittled down to half of its original amount, and is about to be re-scrutinized yet again in yet another damages retrial. The two companies will be meeting with a new judge sometime on or before November 15.


Judge to Samsung: Pay Apple $548M for first smartphone patent trial

09/22, 10:37am

Final judgement order already appealed by Samsung

Judge Lucy Koh, overseer of the Apple versus Samsung smartphone patent trials, has decreed that Samsung must now pay $548 million from the first patent trial between the pair, as ordered by the Federal Court of Appeals. Samsung, as expected, is appealing the decision based on a lengthy and ongoing patent invalidation process, saying that because of the US Patent and Trademark Office (USPTO) examination, the order isn't being performed as required by federal procedure.


Anti-Uber suit defeated in Queens NY, smartphone hails still allowed

09/11, 5:54pm

$10 billion industry in resale of taxi medallions in danger of collapse

A lawsuit brought against the New York City Taxi and Limousine Commission in New York by four credit unions was adjudicated today. Queens Supreme Court Justice Allan Weiss ruled that the commission need not block the "pre-arranged transportation" generated by Uber, with the ruling preventing shutdown of the service in New York City. At stake is not only Uber's continued existence in New York City, but the financial backbone in the city built around loans to acquire taxi medallions, valued at up to $1 million each.


US District Court approves $415M anti-poaching lawsuit settlement

09/03, 9:33am

Judge finalizes deal to end employee lawsuit against Apple, Google, Intel, Adobe

A settlement proposal by major tech companies to end a multi-year lawsuit over anti-poaching policies has been accepted on the second attempt. US District Court Judge Lucy Koh has approved the settlement, proposed in January by co-defendants Apple, Google, Intel, and Adobe, with the joint settlement figure of $415 million being a significant increase from the settlement figure of $324.5 million originally proposed by the companies.


Apple, Google, Sony no longer facing more 4g patent troll suits

08/26, 11:22am

Patent troll Acacia and Adaptix shot down in Judge Paul Grewal's ruling

US Magistrate Judge Paul Grewal has shut down a non-practicing entity, or patent troll, seeking to relaunch suits against cellphone manufacturers Sony, Amazon, and Apple, among others, over 4G patents. Patent aggregation company Acacia and subsidiary Adaptix has been denied further suits over new products launched by the companies using the same technology, with the judge saying that it must be satisfied with existing lawsuit results and patent agreements in place.


Appeals court opens door to FTC oversight of corporate cyber security

08/25, 9:05am

Wyndham hotels sued by FTC over 2008 breaches

The Third US Circuit Court of Appeals in Philadelphia has ruled in a lawsuit against Wyndham hotels, that the Federal Trade Commission (FTC) has the authority to regulate and enforce corporate IT security policies and failures. The appeal ruling opens the door to the regulatory agency to take pre-emptive measures, should it see fit, but also confirms the agency's power to protect the citizenry and file lawsuits on its behalf for companies such as Wyndham, Target, Ashley Madison, and others who have failed to secure customers' personal information.


Samsung petitioning US Supreme Court over first Apple patent trial

08/19, 8:42pm

At stake is $400 million of $548 million damages award

Samsung has made its intention known to appeal the ruling on the its first trial with Apple before the US Supreme Court. In papers filed today, the Korean manufacturer petitioned that the continuing battle with Apple in the California courts be suspended until the matter could be heard before the Supreme Court, following the refusal last week at the US Federal Court of Appeals.


Apple no longer under threat of iMessage loss class action suit

08/05, 10:18am

Judge Lucy Koh shuts the door on suit, declaring lack of contract breach

Judge Lucy H. Koh, familiar to Apple followers, has ruled that a class action suit against Apple regarding lost iMessages may not proceed. The judge, known for her oversight of the Apple versus Samsung patent trials, ruled that members of the suit lacked standing because they were not hurt by any "contractual breach or interference" when they shifted to an Android phone from the iOS, and kept the existing phone number.


Apple, Nike agree to FuelBand suit settlement, Apple paying nothing

07/27, 8:32am

Suit alleged that Apple, Nike knew of FuelBand deficiencies, continued to sell

Apple and Nike have come to an agreement, potentially ending the class action suit against the pair over the Nike FuelBand. Suit BC509363 in the Superior Court of California accused Apple and Nike of misleading customers on the tracking capability and monitoring accuracy of the Nike FuelBand in marketing materials. The plaintiffs alleged specifically that the FuelBand failed to accurately determine calorie burn, overall activity level, and steps taken. Allegedly, Apple and Nike knew of the problems, and continued to sell the gadget well after determining the inadequacy of the sensors and software.


Judge rules Apple must face class-action suit over bag checks

07/16, 2:37pm

Standard retail procedure questioned, suit represents 12K retail workers

Despite a previous dismissal of an earlier version of the lawsuit, a US District Court judge has ruled that Apple must face a trial in a class-action lawsuit over the practice of "bag checks," a standard retail loss-prevention technique that is widespread among retailers. The specific dispute in the case involving Apple was that employees complained they were being detained for up to 15 minutes after their shift had ended, without compensation for the lost time.


Apple faces lawsuit in Europe over 'iWatch' use in advertising

07/15, 9:32pm

Probendi sues Apple to over alleged trademark infringement

Apple is being sued in Europe over the use of the term "iWatch" in advertising, despite its smartwatch being called simply the Watch. Irish developer Probendi has filed a complaint in a court in Milan, alleging that Apple is using the iWatch term in searches and advertisements on Google in order to direct potential customers to its device, infringing the trademark Probendi owns.


Stratasys, MakerBot hit with lawsuit over unreliable 3D printers

07/13, 11:24am

Class action suit: poor quality 3D printers caused stock price to drop

MakerBot is continuing to supply 3D printers to customers with flaws, even though the company allegedly knows there are issues, a class action lawsuit for shareholders claims. Both MakerBot and parent company Stratasys are accused in the suit of a "fraudulent scheme to artificially inflate" the stock price of Stratasys, by continuing to sell MakerBot's fifth generation of printers, which is said to have a severely-defective "Smart Extruder," a crucial component used to apply layers of plastic to create the 3D model itself.


Apple fined $647,000 in Taiwan for price-approval requirements

06/17, 5:00pm

Final approval over subsidies, ad content, pricing common in other countries

Apple has lost what is likely to be the first round of a fight between itself and Taiwan's Fair Trade Commission, and has been fined T$20 million ($647,000 US) for anti-competitive phone pricing. Specifically, the Taiwanese FTC said that Apple's customary contractual demand to have final approval on phone pricing, ad content, and subsidies was a violation of Taiwanese law -- which, unlike most countries, gives resellers completely free reign to price smartphones as they wish.


Apple strips Monster of MFi licensing over Beats Electronics lawsuit

06/16, 6:00pm

Move follows lawsuit that originated prior to Apple acquisition

According to a lawyer for Monster, currently embroiled in a lawsuit against Beats Electronics that started due to Apple's takeover of the headphone and accessories maker, Apple has suspended Monster's ability to make "Made For i" (MFi) accessories -- a move that will affect nearly a quarter of Monster's 4,000 products. Monster counsel David Tognotti said that Apple's chief litigation lawyer said that Monster's lawsuit had "destroyed the working relationship" between the two companies.


Depositions: employees emailed Cook over bag-check policies

06/11, 5:34pm

Apple CEO asks execs to investigate retail employee complaints

According to documents unsealed in an ongoing lawsuit brought by Apple retail workers against the company, Apple Store employees took to writing emails directly to Apple CEO Tim Cook to complain about the way employee bag check searches, which are intended to guard against pilfering and loss, are conducted. The lawsuit contends that employees are subject to "demeaning" procedures that also cost them excessive time and lost wages.


Jawbone files lawsuit alleging Fitbit infringed fitness patents

06/11, 11:46am

Three patents at core of Jawbone-Fitbit infringement fight

Jawbone is attempting to increase the pressure against competitor Fitbit, this time by filing a patent infringement suit. The second lawsuit between the two wearable fitness tracker manufacturers has Jawbone claiming some of Fitbit's products infringes on its patents relating to a "wellness application using data from a data-capable band," and is seeking an injunction to halt any further Fitbit sales in the United States.


Jawbone sues Fitbit over claims it stole confidential information

05/29, 7:12am

Employees moving from Jawbone to Fitbit allegedly brought company data with them

Fitness tracker producer Jawbone has sued Fitbit for acquiring confidential documents, shortly before its competitor holds its initial public offering of stock. Filed in a California State Court on Wednesday, Jawbone accuses Fitbit of "systematically plundering" confidential commercial information from it by hiring Jawbone employees, some of which acquired the secret data before departing to the competition.


Oculus VR, founder sued for alleged use of confidential information

05/23, 9:20pm

Total Recall Technologies claims Oculus VR founder broke confidentiality agreements

The Facebook-owned Oculus VR and its founder are being sued, for allegedly using trade secrets from another company in its devices. Total Recall Technologies claims it hired Palmer Luckey in 2011 to create a prototype of a head-mounted display, confidential information that apparently formed part of the creation process of the original Kickstarter-funded Oculus Rift virtual reality headset.


Apple, A123 Systems settle lawsuit over battery employee poaching

05/13, 11:45am

Former battery tech company went bust after key employees left for Apple

A battery technology company that suffered an exodus of key employees to Apple has now told a court that it and Apple are in the final stages of working out a settlement. A123 Systems filed suit against Apple in February after the iPhone maker recruited A123's former chief technical officer, Mujeeb Ijaz, who then allegedly led a poaching effort that persuaded a handful of very key scientists and engineers to jump ship to Apple as well -- leading A123 to halt several research projects due to the brain drain.


Flight attendants fail to overturn FAA rule change over gadget use

05/11, 6:25am

FAA was within its rights to allow gadget use at all stages of flight

A lawsuit aiming to overturn a Federal Aviation Administration (FAA) rule change concerning the use of electronic devices by passengers at all stages of flight has been stopped. An appeals court in Washington D.C. ruled that the FAA was well within its rights to make such rule changes, effectively ending the legal action prompted by the Association of Flight Attendants (AFA).


AT&T stealthily improves throttling policy for LTE unlimited users

05/07, 11:02am

Throttling only kicks in in congested areas, not universally

Seemingly overnight, and in response to a lawsuit, AT&T has modified its terms of service language on a website about LTE speed throttling for its heaviest users. The company now claims that users who have exceeded 5GB on LTE "may experience reduced speeds when using data services at times and in areas that are experiencing network congestion." Previously, LTE users who had used more than 5GB were throttled at all times.


Grooveshark saga concludes; service dead, handed to music industry

05/01, 9:13am

Service set upon by record industry over illegal employee music shares at launch

As part of a "settlement agreement with the major record companies," music discovery service Grooveshark has shut down. The company has agreed to "cease operations immediately, wipe clean all of the record companies' copyrighted works" and turn over the website, all mobile apps, and intellectual property including patents and copyrights to the recording industry.


Aereo pays broadcasters $950,000 to end copyright infringement suits

04/21, 6:20pm

Settlement amount less than one percent of total requested by broadcasters

Troubled and failed TV rebroadcasting startup Aereo has finally ended its lawsuit with broadcasters, by agreeing to pay less than one percent of what has been requested. The settlement has the online service paying the broadcasters $950,000 instead of more than $99 million in copyright licensing claims, ending all litigation between the parties involved.


Samsung patent challenge could help overturn Apple $533 million loss

04/04, 10:16am

Patent troll Smartflash facing invalidation of five patents at USPTO

Samsung, in challenging the validity of two patents, may help Apple skirt a $533 million patent verdict. The Korean manufacturer has petitioned, and convinced, the US Patent and Trademark Office (USPTO) to re-evaluate a pair of patents owned by non-practicing entity Smartflash for uniqueness in order to avoid a suit over in-app purchasing in app stores.


ITC to investigate Apple over Ericsson LTE patent claims

03/31, 12:34pm

Apple, Ericsson at loggerheads over fair rate for standards-essential patents

The US International Trade Commission has announced a formal investigation into a complaint filed by Ericsson -- along with a handful of court cases -- following a lawsuit by Apple over what the iPhone maker says is a dispute about a fair rate for some standards-essential and LTE patents. The battle began earlier this year, when Apple complained to a court about "excessive" rates Ericsson wanted to charge for previously-licensed LTE technology.


Google to face trial in UK over ignoring Safari cookie setting

03/27, 10:12am

Class action given go-ahead by appeals court over privacy violating data collection

The Court of Appeal of England and Wales has dismissed an attempt by Google to prevent British computer users from being able to sue it in England. The landmark hearing followed an earlier defeat for Google in the English High Court in which it was unsuccessful in preventing three British computer users from having the right to sue it for breach of privacy, after the computer giant ignored users wishes not to have tracking cookies placed on their computers.


Target offers $10M to settle class-action suit over 2013 breach

03/19, 11:46am

Proposal could provide affected Target breach victims with up to $10,000

Target has agreed to a potential settlement with victims of the retailer's major breach of late 2013. Still needing to be approved by a federal judge, the settlement in the class-action lawsuit will involve Target placing $10 million in escrow for payment to victims, with the possibility of some individuals receiving as much as $10,000 in damages over the hacking.


Patent troll $100M 'rocket docket' lawsuit ends in Apple's favor

03/17, 9:47am

Lawsuit alleged every Apple mobile device abused assortment of ex-Nokia patents

Late Monday, a jury ended a legal battle with a patent licensing firm. A jury in Texas' "rocket docket" declared that Apple did not infringe on five patents held by Conversant owned Core Wireless Licensing SARL, who was seeking $100 million in damages, and a portion of Apple's device sales going forward, some of which may have been paid out to Microsoft.


AT&T argues Title II shields it from FTC lawsuit, ruling pending

03/13, 12:54pm

AT&T claims new FCC ruling exempts it from FTC oversight

AT&T is utilizing the US Federal Communications Commission net neutrality and Title II to escape a federal lawsuit by another federal agency, despite having vociferously objected to the proposal and still promising to file a lawsuit to prevent its implementation. Citing its new status as a "common carrier," AT&T argued in court yesterday that since it falls under FCC jurisdiction, the Federal Trade Commission's suit about throttling unlimited data plans was improperly applied as a result, and should be tossed out.


Briefly: Apple seeks dismissal of A123 suit, Apple Pay expands again

03/11, 5:19pm

Company adds 14 new merchants now supporting iPhone-based mobile payments system

After mentioning the addition of more merchants now supporting Apple Pay on Monday, Apple has updated its web page that keeps track of merchant partners with another 14 new vendors, ranging from Coca-Cola vending machines (specifically mentioned during the presentation) to Regal Cinemas and many other well-known brand names. Cook noted that Coca-Cola currently has 40,000 of the vending machines that accept Apple Pay active, with plans for 100,000 by the end of the year.


Appeals court seems sympathetic to Apple call for monitor removal

03/10, 7:32pm

Company complains that antitrust monitor overreaches, abuses position

Judges hearing two separate cases brought by Apple against (respectively) Judge Denise Cote's appointment of an unqualified personal friend as an antitrust monitor, and an appeal of the whole of Cote's ruling against the company in the Department of Justice e-book "price fixing" lawsuit appeared to find sympathetic ears in the Second US Court of Appeals in New York on Tuesday. At least one judge said the court's monitor was grossly overpaid, while another panel appeared to agree with Apple's arguments with Judge Cote's ruling.


More lawsuits, ITC complaint filed in Apple vs. Ericsson FRAND fight

02/27, 9:26am

Ericsson source of latest barrage, court filings made in Eastern District of Texas

On February 26, Ericsson filed two complaints with the US International Trade Commission (ITC) and seven complaints in the United States District Court for the Eastern District of Texas against Apple, asserting 41 patents covering many aspects of Apple's iPhones and iPads. The patents include standards-essential patents related to the 2G and 4G/LTE standards, as well as other patents that are critical to features and functionality of Apple devices, such as the design of semiconductor components, user interface software, location services and applications, as well as the iOS operating system.


Apple on the hook for $533M lawsuit payout over in-app purchase tech

02/25, 7:34am

Patent troll owns patent, Apple claims patent too broad and covered by others

Apple has been handed a rare loss in a patent licensing trial. The Cupertino manufacturer has been ordered to pay patent aggregation company Smartflash, a non-practicing entity, $532.9 million for willful infringement of the company's patents in iTunes and in-app purchase processing. The trial was held in Tyler, Texas, the "rocket docket" of patent courts, and notoriously friendly to patent trolls.


Apple sued after allegedly poaching battery scientists, engineers

02/18, 10:35pm

Top battery-tech workers defect, may have violated anti-compete agreements

According to a new lawsuit filed against Apple, the iPhone maker has been poaching employees from a vehicle-oriented "advanced energy" technology company called A123 Systems over the past eight months for a new, unannounced battery division at the iPhone maker. The latter company says that Apple and its former employees may have violated anti-compete agreements, and have left A123 without qualified leaders for key projects.


Samsung loses patent infringement lawsuit against Rembrandt

02/18, 8:22am

Jury declares Samsung infringed on pair of modem patents

Samsung has lost a patent infringement lawsuit over Bluetooth 2.0, to a non-practicing entity called Rembrandt IP. A jury in an East Texas federal court ruled the manufacturer had infringed three claims on two patents, numbers 8,457,228 and 8,023,580, relating to modem compatibility, with Rembrandt being given $15.7 million in compensation and royalties on future Samsung devices using Bluetooth.


Cablevision sues Verizon, claims Wi-Fi ad boasts misleading consumers

01/31, 11:30am

Suit seemingly compares Cablevision's public Wi-Fi with private routers

Cablevision Systems Corporation has filed a lawsuit in federal court for the Eastern District of New York against Verizon Communications, seeking an end to what it calls "its false, misleading and deceptive advertising claims about Wi-Fi service" related to Verizon's new 802.11ac Wi-Fi router, which has yet to see wide rollout. Cablevision's premise is that few customers would actually be in a position to achieve speeds faster than Cablevision's offerings, and it would cost them much more.


Apple, Google, Rdio, Sony sued over pre-1972 music royalties

01/23, 1:08pm

Companies could potentially pull older music to avoid paying

A new lawsuit has targeted Google, Rdio, Sony, and Apple (including Beats Music) over the music royalties associated with pre-1972 recordings, new reports say. Zenbu Magazines, which owns copyrights on many pre-1972 songs, says that the companies have been making money streaming recordings without paying their copyright holders. Within US copyright law, compositions have been protected since 1831, but sound recordings were only added in 1972, meaning that while owners of pre-1972 compositions have been paid for public performances, people holding equally-aged recording rights typically haven't.


Sony starts accepting compensation claims for 2011 PlayStation breach

01/23, 11:28am

Free games, subscription time, compensation offered to US PlayStation owners

Sony is providing compensation to PlayStation Network users in the United States affected by a major breach in April 2011, half a year after agreeing to a settlement stemming from a class action lawsuit. The original attack, resulting in the closure of the online service and Qriocity for close to a month, risked the personal data and payment details of more than 77 million accounts.


Patent troll files suit over Cover Flow, Time Machine, Mobile Safari

01/21, 10:06pm

Claims company knowingly infringed on two 3D UI patents from 1996

Apple has been named in a new lawsuit filed in San Francisco on Wednesday by patent non-practicing entity (NPE, often nicknamed "patent troll") TriDim Innovations. The NPE accuses the iPhone maker of knowingly infringing on a pair of patents from 1996 that covers a 3D workspace user interface, and claims that the company's Cover Flow technology, bought from Steel Skies in 2006, violates the two patents. Time Machine and Mobile Safari in iOS 7 and 8 also use the technology.


Judge rules in favor of time-, place-shifting in Fox versus Dish case

01/21, 9:36pm

Fox unable to use Aereo ruling to shut down Dish Network features

Back in 2012, Fox brought a lawsuit against Dish Network over DVR technology that allows users to view content on a device other than a television connected to a set-top box. Fox's position has been that it did not consent to allow the "rebroadcasting" of its content to mobile devices. On Wednesday, US District Court Judge Dolly Gee ruled that time- and place-shifting of paid-for content does not infringe the copyrights of broadcasters.


Felon settles with DEA over Facebook account made from seized data

01/21, 10:46am

Sondra Arquiett getting paid $134K for use of her likeness without permission

A New York state resident has settled with the US government and the Drug Enforcement Agency (DEA) over a suit involving the law enforcement agency impersonating her on Facebook without her permission. Sondra Arquiett has accepted a $134,000 settlement from the US government, with the agency not admitting to having done anything outside a "legitimate law enforcement purpose."


Follow-up: new anti-poaching lawsuit settlement offer $415 million

01/15, 10:04pm

Likely a third will go to legal fees; plaintiffs may see $4,000 each

More specifics have been revealed in the second proposed settlement offer from Apple, Google, Intel and Adobe in a lawsuit stemming from the companies' informal "no poaching" agreement. The new proposal has the four companies willing to pay a combined $415 million, up from the previous settlement's $324.5 million, to end the anti-trust lawsuit. US Federal District Court Judge Lucy Koh will need to approve the proposal before it can be finalized.


Ericsson countersues Apple over LTE patents

01/14, 3:22pm

Negotiations fruitless for two years, telecom firm says

In response to an Apple lawsuit over LTE patents, Ericsson has filed one of its own, according to Reuters. The Swedish firm notes that a license agreement between the companies has expired for some time, and that two years of negotiations have yielded no results. It's asking the court to determine whether a tendered license offer is fair.


Apple, Google agree to new settlement in anti-poaching case

01/14, 12:14am

New compensation amount likely to be higher than previous offer

A new settlement offer has been tendered in what's come to be known as the "anti-poaching" lawsuit against four of Silicon Valley's biggest tech companies. Apple, Google, Intel, and Adobe were among those originally involved in a "gentlemen's agreement" that the companies would not actively try to recruit or poach employees from each other -- however once the conspiracy came to light, employees complained that the agreement limited opportunities and suppressed wages.


InvenSense hit with lawsuit over concessions in Apple deal

01/13, 3:24pm

Sensor supplier gave Apple 'sweetheart deal' that hurt profits, suit charges

A new lawsuit filed against gyroscope and accelerometer supplier for Apple, InvenSense, accuses the company of failing to tell investors about the concessions it made to secure a recent deal. InvenSense parts are used in the iPhone 6 and 6 Plus. Executives should have warned investors, the suit alleges, that Apple was given a "sweetheart deal" that would hurt profits. "Instead of revealing the true condition of the company and its prospects, defendants hid those facts from investors and chose to issue strong guidance and paint a picture of a bright future with a new mega-customer," the complaint reads. More seriously, the suit charges that investors were led to buy stock at inflated prices, while insiders sold off $5.3 million in shares.



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