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Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others

Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others
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Tim Cook: Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others

Rochon also found no proof that Apple's board of directors acted improperly in awarding pay, and said the plaintiff, a pension fund affiliated with the International Brotherhood of Teamsters, did not give the board enough time to consider its objections before suing.

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Apple Fends Off Lawsuit Alleging Overpayment To CEO Tim Cook: All Details

A federal judge dismissed a lawsuit alleging Apple overpaid CEO Tim Cook and top executives by miscalculating the value of performance-based stock awards.

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