Encomium
An Apple shareholder has filed a lawsuit against founder Steve Jobs posthumously, as well as current chief executive, Tim Cook.
The class action lawsuit was filed by shareholder, R Andre Klein, on behalf of all Apple shareholders over allegations that Apple misled investors and damaged the value of the company by striking a controversial hiring agreement with other corporations.
In the court papers, Klein alleges that Apple violated the US Securities and Exchange Act by making deals with tech firms such as Google, Intel, Adobe and others to not actively recruit employees away from each other.
