A group of Apple shareholders are ready to add to the company’s anti-hiring controversy woes with a new class action lawsuit of their own that alleges Apple leadership mislead investors and hurt the stock’s overall value.
The lawsuit was filed by attorneys for plaintiff R. Andre Klein with U.S. District Court for the Northern District of California this week, and accuses Apple’s senior management, including Steve Jobs and Tim Cook, of grossly mismanaging Apple’s resources when it struck an agreement not to hire employees from competing corporations.