[nasseri]

Can someone point me to the exact laws or cases with precedent that would make Apple and Amazon's statements illegal if the Bloomberg article were true? I'm not doubting it, but I can't find much about this online. Pump and dump schemes, ponzi schemes, and insider trading are illegal, and those aspects of securities fraud are well documented online, but this more general "lying to the public" that these companies may or may not be doing has proved trickier to find precedence for. I am not a lawyer, and my only resource here is google, but I think there is an assumption at play that this form of lying is illegal, and I'm honestly not sure that it is.

I could be wayy of base here, but if its not illegal, than it would be pretty obvious what is going on.