Corporate fraud

I imagine there are probably a lot of violations that merit investigation, particularly among the Trump-hating technology companies.

The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to people familiar with the matter.

The government has requested information from the company, according to the people, who asked not to be named because the probe is private. The inquiry is in early stages, they cautioned, and it’s too soon to conclude any enforcement will follow…. Several weeks ago, the company admitted to slowing down the performance of older iPhones models to make their batteries last longer. Apple released a software update early in 2017 that throttled older iPhones, but didn’t specify that the action slowed the devices. In December, Apple apologized for not clearly communicating this information and vowed to release another update to mitigate the concern.

What, they think everyone forgot how Clinton and Obama audited and investigated conservative organizations and corporations?


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