Apple’s attempt to dismiss a class-action lawsuit has been rejected by judges, according to Reuters. The lawsuit alleged that Apple CEO Tim Cook misled investors by concealing a decline in iPhone demand in China. The roots of this litigation can be traced back to statements made by Cook during a phone call with analysts on November 1, 2018. At that time, he stated that while Apple was facing challenges in markets affected by unfavorable exchange rates, such as Brazil, India, Russia, and Turkey, he did not consider China as part of this group. However, just a few days later, Apple instructed suppliers to reduce production, and in a surprise move, dramatically lowered its quarterly revenue forecast by as much as 9 billion US dollars on January 2, 2019. [Sina, in Chinese]