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Apple sued for $840M over e-book pricing

Feb. 02, 2014 2:08 AM ETApple Inc. (AAPL) StockAAPLBy: Yigal Grayeff, SA News Editor7 Comments
  • State attorneys general and consumers have sued Apple (NASDAQ:AAPL) for $840M over its e-book pricing.
  • The suit comes after District Judge Denise Cote ruled in July that Apple had manipulated prices in cohorts with five publishers.
  • Meanwhile, Apple is trying to halt the work of Michael Bromwich, a compliance monitor that Cote appointed to oversee the company following her ruling.
  • Separately, senior Apple executives have met FDA directors to discuss mobile medical applications. An FDA public calendar lists the participants in the meeting. Reports have said that Apple is developing a watch that will focus on health monitoring.

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