Apple is confronting two sizable legal disputes, with a UK tribunal allowing a revived consumer claim over its 2018 sales agreement with Amazon to proceed while a separate US jury awarded Taction more than $5.7 billion over haptic technology. The UK tribunal let claims involving purchases on Amazon's UK marketplace proceed but rejected claims tied to purchases from Apple and other retailers, and the claim filing estimates 431.2 million to 898.6 million in marketplace damages before interest. Apple said it would appeal the US patent verdict. Neither figure is a bill Apple has to pay today, as the UK amount is a claim and the US verdict faces further legal review. Apple shares rose about 0.3% to $342.23 at approximately 10:18 a.m. ET Monday, a price 19.17% above the $287.18 GF Value estimate.
Apple Inc.UK tribunal allows revived consumer claim over Apple's 2018 Amazon sales agreement to proceed, and a US jury awarded Taction $5.7B over haptic technology.
Amazon.com IncAmazon's UK marketplace is the venue for the revived consumer claim against Apple, but Amazon itself faces no stated liability.
Cisco Systems Inc
