r/Apple: Unofficial Apple Community

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The original was posted on /r/apple by /u/lasagna165 on 2025-11-19 18:11:30+00:00.

“Apple told the Competition Appeal Tribunal that Which had not provided enough clarity about its third-party funder, Litigation Capital Management (LCM), which is paying for the legal action. LCM recently suffered a severe financial decline, losing 99% of its share value from its November 2024 level, leaving it worth about $16 million. Apple argued that this collapse raised questions about whether LCM could still support the lawsuit.”