Apple started to sue its own shareholders. They believe that lost big money because of the actions of company management, which led to the release of software updates that slow down the iPhone.
The lawsuit against the top managers of Apple and members of the Board of Directors. Shareholders want to seek damages resulting from the breach of fiduciary duties (duties of the asset management) leadership. In particular, we are talking to the wrong behavior management Apple in a situation with group claims users associated with the slow iPhone due to software updates.
The shareholders believe that the company had to release this update, because all this eventually led to a decline in sales of smartphones and, consequently, financial losses. Also, the plaintiffs believe that the actions of the leadership of Apple, there are signs of collusion.
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