18:34:28 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 7,750,000
Close 2024-01-30 C$ 27.89
Market Cap C$ 216,147,500
Recent Sedar Documents

Post/CP say Apple awaits decision on B.C. class-action

2024-01-31 09:24 ET - In the News

The Financial Post reports in its Wednesday edition that a judge in British Columbia will decide next month whether to approve a multimillion-dollar settlement of a class-action lawsuit against Apple for allegedly slowing down older model iPhones with software updates. A Canadian Press dispatch to the Post says lawyers for the company and class members in a suit filed in 2018 were in a Vancouver courtroom Monday, urging approval of the settlement, where consumers would receive between $17.50 and $150, depending on how many claims are successful. Michael Peerless, a lawyer for the plaintiffs, told Justice Sharon Matthews that the amounts will be paid to those who can prove ownership of affected phones that include several iPhone 6 and iPhone 7 models. Similar suits were filed in Ontario, Saskatchewan and Alberta. The settlement agreement would apply for residents in all provinces except Quebec. Apple's Canadian-traded shares closed Tuesday at $27.89, down 52 cents.

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