Apple pays English council £385million after five-year iPhone row ...Middle East

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APPLE has agreed to pay £385million to an English council after a five-year iPhone row. Tech giant’s boss Tim Crook has been embroiled in a lawsuit led by a local authority in East Anglia. ReutersApple has been embroiled in a giant lawsuit with Norfolk Council[/caption] The legal action alleged Apple’s CEO defrauded shareholders by covering up demand for iPhones in China. Norfolk Council alleged that Mr. Cook’s actions led to financial losses for a pension fund under its administration. In a statement, the local authority said it was “very proud of this recovery for investors.” The Norfolk Pension Fund said the decision was a triumph for investors as countless of famili

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