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NEW ORLEANS, June 16, 2019 – Kahn Swick & Foti, LLC ("KSF") and his badociate, former Louisiana Attorney General, Charles C. Foti, have reminded investors with significant financial interests they only have up to June 17, 2019 file claims of the principal plaintiffs in a clbad action against Apple Inc. (NasdaqGS: AAPL). Investors' losses must be related to purchases of shares of the Company between November 2, 2018 and January 2, 2019. This action is pending in the United States District Court for the Northern District of California.
What you can do
If you have purchased shares in Apple and you wish to discuss your legal rights and how this case may affect you and your right to recover your economic loss, you may, without obligation on your part, have no charge for Contact KSF Manager Lewis Kahn toll-free at 1-877-515-1850 or email ([email protected]) or visit https://www.ksfcounsel.com/cases/nasdaqgs-aapl/ to learn more. If you wish to perform the duties of principal plaintiff in this clbad action by supervising the lead counsel in order to obtain a fair and equitable resolution, you must apply for this position by addressing an application to the Court by June 17, 2019.
About the trial
On January 2, 2019, after marketing, the company announced that it would miss its previous quarterly earnings forecast of up to $ 9 billion, with revenues of just $ 84 billion, although below previous expectations of $ 89 billion to $ 93 billion, partly because of the drop in iPhone sales in China and a significant reduction in the replacement price of the battery. At this news, the price of Apple's shares fell, causing damage to investors.
The case is Employee Retirement System of the City of Roseville c. Apple Inc., et al.No. 19-cv-2033.
About Kahn Swick & Foti, LLC
KSF, which includes among its partners the former Louisiana Attorney General, Charles C. Foti, is a law firm specializing in securities, antitrust and clbad actions for consumers, as well as only in mergers and acquisitions and non-compliance with fiduciary procedures against publicly traded companies on behalf of shareholders. The company has offices in New York, California and Louisiana.
To learn more about KSF, you can visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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