NasdaqGS:AAPLTech
Apple Lawsuit Puts Apple Pay Oversight And Share Valuation In Focus
Apple (NasdaqGS:AAPL) has been named as a defendant in a newly filed federal lawsuit alleging failure to prevent high-velocity gambling transactions for a disabled user processed through Apple Pay.
The complaint, which also names Amazon, Affirm, and Goldman Sachs, seeks substantial financial damages and cites alleged violations of state and federal law, including the Americans with Disabilities Act.
The case raises questions about oversight of Apple Pay, user protections, and potential...