A good overview of SSL bug in iOS by AGL
This signature verification is checking the signature in a ServerKeyExchange message. This is used in DHE and ECDHE ciphersuites to communicate the ephemeral key for the connection. The server is saying “here's the ephemeral key and here's a signature, from my certificate, so you know that it's from me”. Now, if the link between the ephemeral key and the certificate chain is broken, then everything falls apart. It's possible to send a correct certificate chain to the client, but sign the handshake with the wrong private key, or not sign it at all! There's no proof that the server possesses the private key matching the public key in its certificate.
Test yourself using https://gotofail.com/