For reprint rights or to purchase a copy of your Daily Journal photo, email Jeremy_Ellis@dailyjournal.com for prices or call 213-229-5424.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Read Today's Digital Edition
Place Your Legal Notices View Our Classifieds
Menu
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Securities

Aug. 18, 2026

Apple investor sues board over alleged AI piracy, stock buybacks

An Apple investor claims directors concealed the company's alleged use of pirated material to develop artificial intelligence while authorizing $45 billion in stock buybacks at allegedly inflated prices.

Apple investor sues board over alleged AI piracy, stock buybacks
Shutterstock

An Apple investor has sued the company's directors, alleging they concealed Apple's use of pirated copyrighted works to develop artificial intelligence and then caused the company to repurchase $45 billion of its own stock at artificially inflated prices.

The derivative lawsuit, filed Friday in Northern California federal court by Frank Bottini of Bottini & Bottini Inc., claims the alleged misconduct exposed Apple to billions of dollars in potential copyright liability...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up