The Independent

Norfolk County Council secures settlement as Apple agrees £384m lawsuit payment

Source: PA Archive

Norfolk County Council has secured a settlement in a lawsuit against Apple, with the tech giant agreeing to pay 490 million dollars (£384 million) in a “tremendous result”.

The lawsuit alleged Apple’s chief executive Tim Cook misled investors about iPhone sales in China between November 2018 and January the following year.

The preliminary settlement in , northern California, will need final approval from a judge at a further hearing.

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