Apple -4% on facing consumer protection probe – Axios – Seeking Alpha

Earlier today, Goldman told financiers to prevent Apple shares, keeping in mind a cost of $299.

A document acquired through a public records demand states the Texas AGs Consumer Protection Division launched the examination “for enforcement purposes.”

Secret quote: “If violations are uncovered, CPD will initiate enforcement procedures. Appropriately, the OAG expects litigation in this matter.”

Apple is presently facing antitrust investigations from U.S. House lawmakers and the European Union.

Apple shares are down 3.9% to $373.91.

It isnt clear what specific practices are targeted in the examinations.

Numerous states are examining Apple (NASDAQ: AAPL) for tricking customers, according to the Tech Openness Project via Axios.