Apple Seeks Dismissal of Fraud Lawsuit Over Siri AI, Epic Injunction

Tech giant claims no proof of intentional fraud or misleading statements to shareholders

Published on Feb. 26, 2026

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Apple has urged a federal judge to dismiss a proposed class action lawsuit that claims the company defrauded shareholders by overstating the artificial intelligence capabilities of its Siri voice assistant and falsely representing its compliance with a court injunction governing commissions on app sales. Apple argues there is no proof it knew about delays in Siri upgrades or that its procedures to comply with the Epic Games injunction would be imperfect.

Why it matters

This case highlights the legal risks tech companies face over their public statements and product claims, especially around emerging technologies like AI. Apple is seeking to avoid potentially massive shareholder losses tied to its Siri and App Store practices.

The details

In its filing, Apple said there was no proof it knew in mid-2024 that it would take longer than expected to incorporate two advanced AI features into Siri, potentially hurting iPhone 16 sales. The company delayed some Siri upgrades the following March, and CEO Tim Cook later acknowledged developing a "more personal" Siri was "taking a bit longer than we thought." Apple also argued it provided no assurance its procedures to comply with a 2021 injunction from the Epic Games case, which required letting app users pay developers directly, would be foolproof.

  • In June 2024, Apple discussed AI capabilities at a conference.
  • In March 2025, Apple delayed some Siri upgrades.
  • In May 2025, a judge said Apple was violating the Epic Games injunction.

The players

Apple

A major technology company known for products like the iPhone, iPad, and Siri voice assistant.

Tim Cook

The CEO of Apple.

National Pension Service

The world's third largest pension fund, leading the shareholder lawsuit against Apple.

Epic Games

A video game company that sued Apple over its App Store commission policies, leading to a court injunction.

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What they’re saying

“It is no secret that Apple faced challenges and weathered ups and downs in its stock price in 2025, like many major companies. But plaintiff takes a massive and unsupported leap by claiming that securities fraud caused the temporary price drops.”

— Apple (marketscreener.com)

“Developing a "more personal" Siri was "taking a bit longer than we thought.”

— Tim Cook, CEO, Apple (marketscreener.com)

What’s next

The judge overseeing the case will decide whether to dismiss the proposed class action lawsuit against Apple.

The takeaway

This case highlights the legal risks tech companies face over their public statements and product claims, especially around emerging technologies like AI. Apple is seeking to avoid potentially massive shareholder losses tied to its Siri and App Store practices, underscoring the need for transparency and accountability in the tech industry.