Apple CEO Tim Cook to be deposed in Qualcomm lawsuit

Apple Inc. AAPL, +0.69% Chief Executive Tim Cook will be deposed on June 27, as part of Qualcomm Inc.'s QCOM, +0.09% lawsuit against the iPhone maker, according to court documents. Apple stock is down 1.4% in after-hours trading and closed up less than 1% to $172.80. The suit accuses Apple of misleading regulators in order to generate investigations into Qualcomm. The lawsuit filed in the Southern California district court is a part of a larger legal fight between Apple and Qualcomm, which began last year and revolves around chip royalties Apple paid to Qualcomm. Apple stock is up 2.1% this year, as the S&P 500 index SPX, +0.69% has lost less than 1%.