IN RE APPLE INC. SECURITIES LITIGATION
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 5 IN RE APPLE INC. SECURITIES LITIGATION CASE NO. 19-cv-02033-YGR
ORDER GRANTING IN PART AND DENYING
IN PART DEFENDANTS’ MOTION TO
DISMISS THE REVISED CONSOLIDATED
CLASS ACTION COMPLAINT Re: Dkt. No. 118
11 Lead plaintiff Norfolk County Council as Administering Authority of the Norfolk Pension Fund (“Norfolk”) brings this securities class action litigation alleging false and misleading statements and omissions between November 2, 2018 and January 2, 2019 (the “Class Period”), against defendants Apple Inc. (“Apple” or the “Company”), Timothy D. Cook (Chief Executive Officer, or “CEO,” of Apple), and Luca Maestri (Chief Financial Officer, or “CFO,” of Apple). Specifically, plaintiff raises two causes of action: (1) violation of Section 10(b) of the Securities Exchange Act (“Exchange Act”) and Rule 10b-5 promulgated thereunder by all defendants, and (2) violation of Section 20(a) of the Exchange Act by…