(FILES) This file photo taken on September 7, 2016 shows the Apple logo on the outside of Bill Graham Civic Auditorium in San Francisco, California. Apple announced January 17, 2018 it would pay some $38 billion in taxes -- likely the largest payment of its kind -- on profits repatriated from overseas as it boosts investments in the United States.The iPhone maker said in a statement it plans to use some of its foreign cash stockpile of more than $250 billion, which qualifies for reduced tax rates under a recent bill, to invest in new projects, with estimated investments of $75 billion in the US. / AFP PHOTO / Josh Edelson
The US Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc 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 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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