US probing Apple on updates that slow older iPhones: sources
Justice Department and SEC are looking into whether firm violated securities laws
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Washington
THE US Department of Justice and the Securities and Exchange Commission (SEC) are investigating whether Apple violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to people familiar with the matter.
The government has requested information from the company, according to the people, who asked not to be named because the probe is private. The inquiry is in its early stages, they cautioned, and it's too soon to conclude any enforcement will follow. Investigators are looking into public statements made by Apple on the situation, they added.
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