SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Antitrust Wrongdoing By Apple Inc.
NEW YORK, July 10, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating potential claims on behalf of purchasers of Apple Inc. (Nasdaq: AAPL) common stock in connection with a recently issued opinion by the Southern District Court of New York finding that Apple violated antitrust laws by conspiring to set prices of e-books.
For more information, click here: http://zlk.9nl.com/apple-aapl/.
In a court decision released on July 10, 2013, U.S. District Judge Denise Cote ruled that Apple violated antitrust laws by conspiring with five major publishers to raise the retail prices of e-books. In her ruling, Judge Cote stated that Apple "played a central role in facilitating and executing" the conspiracy and "the evidence is overwhelming that Apple knew of the unlawful aims of the conspiracy and joined the conspiracy with the specific intent to help it succeed."
The investigation concerns whether Apple's Board of Directors knowingly engaged in this conspiracy and/or were aware of such conspiracy, to the detriment of Apple and its shareholders.
The full opinion issued by the Court is available at http://zlk.com/pdf/Cote-Ruling.pdf.
If you currently own Apple stock and wish to obtain additional information about the investigation and your legal rights please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/apple-aapl/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP
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