NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Trupanion Inc. (NASDAQ: TRUP), and Apple Inc. (NASDAQ: AAPL). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Trupanion Inc. (NASDAQ: TRUP)
On February 15, 2024, Trupanion reported preliminary financial results for the fourth quarter and full year ended December 31, 2023, stating that “the Company expects to report two material weaknesses in internal controls.”
On this news, the price of the Company’s stock dropped.
For more information on the Trupanion investigation go to: https://bespc.com/cases/TRUP
Apple Inc. (NASDAQ: AAPL)
The focus of this investigation is whether Apple issued false and/or misleading statements and/or failed to disclose information relevant to investors. The US Justice Department and 16 attorneys general are suing the iPhone maker for violating antitrust laws. And in Europe, the company is said to be facing probes about whether it’s complying with the region’s Digital Markets Act. Apple, fresh from its €1.8 billion ($2 billion) European Union fine for blocking music streaming apps from informing users of cheaper deals, has been the focus of more attention since the DMA came into full effect on March 7.
Then on March 21, 2024, Investor's Business Daily published a report titled "Apple Stock Drops As Justice Department Sues iPhone Maker." According to the report, "The lawsuit alleges that Apple's conduct makes it harder for Americans to switch smartphones, undermines innovation for apps, and imposes extraordinary costs on developers, businesses and consumers."
On this news, Apple shares dropped by 4.29% in intraday trading on the same day, erasing about $113 billion in market value and taking their year-to-date loss back to 11%.
For more information on the Apple investigation go to: https://bespc.com/cases/AAPL
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
