Apple’s leadership is now being accused of knowingly steering the company through years of antitrust risk to maintain App Store dominance.
Apple executives sued in shareholder derivative suit
Apple executives sued in shareholder derivative suit
In late February, one of Apple’s shareholders filed a derivative lawsuit against the Cupertino-based tech giant’s top executives. The suit says directors and top executives — including Tim Cook — had breached their fiduciary duties to Apple.
According to Bloomberg Law, it alleges that the parties in question allowed and furthered “monopolistic conduct” for longer than a decade. The case has been brought by a retirement fund.