BEIJING,
Dec. 30 (Xinhuanet) -- An apple a day keeps the doctor away, but not the
lawyers.
Apple Computer Inc. revealed Friday that not
only are current and former officers facing a securities lawsuit, it also
is the defendant in three federal suits, including one that alleges the
company created an illegal monopoly by linking iTunes music and video sales to
its market-leading iPod portable players.
The case, filed July 21, is over Apple's use of a
copy-protection system that generally prevents iTunes music and video from
playing on rival players. Likewise, songs purchased elsewhere aren't easily
playable on iPods. The plaintiff is seeking unspecified damages and other
relief.
The court denied Apple's motion to dismiss the
complaint on Dec. 20.
Another lawsuit, filed Nov. 7, alleges that the logic
board of Apple's iBook G4 fails at an abnormally high rate. The plaintiff is
seeking unspecified damages.
In a filing with the Securities and Exchange
Commission, Apple said its response to the complaint is not yet due.
The Cupertino, California-based company also
disclosed Friday that PhatRat Technology LLC filed a lawsuit Oct. 24 alleging
patent infringement.
The Nike-iPod product in question, developed jointly
with Nike Inc., allows runners to keep track of how far and how fast they've
gone. The company's response to the complaint is not yet due.
The securities lawsuit
accuses Apple and some of its current and former officers of
improperly backdating stock-option grants, failing to properly account for them
and making false financial statements. Defendants' responses to the complaint
are not yet due.
The company cleared Chief Executive Steve Jobs and
the rest of its current management of misconduct involving the stock-option
practice, despite Jobs' awareness of favorable grant dates.
The company restated past earnings Friday as a result
of its three-month probe.
The lawsuits, many of which seek class-action status,
were disclosed in Apple's delayed regulatory filing with the SEC.
Apple shares rose about 4.9 percent to close at 84.84
U.S. dollars Friday on the Nasdaq Stock Market following the announcement.
(Agencies)
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