Little Details Turn Into Huge Mistakes That Could Cost Apple Plaintiffs Court Case

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Mark Melin
Published on
Updated on

Ooppsss… Lawyers who prepared a massive class action claim against Apple Inc. (NASDAQ:AAPL) may have made several tiny mistakes that could lead to the case being thrown out of court. The issue is the plaintiffs they represent might not have standing in the case, potentially derailing the entire effort. Plaintiffs removed in the lawsuit against Apple Two of the plaintiffs in the lawsuit against Apple Inc. (NASDAQ:AAPL) were removed as plaintiffs when it was discovered that the iPods they purchased were not covered in the time period of the lawsuit, according to a New York Times report. Plaintiff Melanie Tucker was…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.