Wednesday, February 10, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Music On Sonos Now Available
SUNY Poly and GLOBALFOUNDRIES Announce $500M Research ProgramTo Accelerate Chip Technology
Intel To Focus On Energy Comsumption On Future Chips
Micron Outlines GDDR5X Plans
Sony’s New Laser Projectors Deliver Quality And with Quiet Operation
The Pirate Bay Has Started Streaming Content
Samsung to Showcase Display Technologies at ISE 2016
Intel To Remove Overclocking Loophole In Skylake Processors
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > General Computing > Einhorn...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 01, 2013
Einhorn Drops Lawsuit Against Apple


David Einhorn of Greenlight Capital has dropped a lawsuit against Apple, after he succesfully blocked the iPhone maker from moving forward with a shareholder vote on a controversial proposal.

Greenlight, a shareholder since 2010 with 1.3 million Apple shares worth nearly $600 million, was dissatisfied with Apple's proposal to eliminate preferred stock, as such a moe would close down one avenue for Apple to reward shareholders with more cash.

Apple had sought to limit its ability to issue preferred shares without a shareholder vote, but Einhorn challenged that in court.

U.S. District Judge Richard Sullivan ruled in Einhorn's favor last week. The preliminary ruling blocked Apple's proposal that would have required shareholder approval before preferred stock could be issued. Apple withdrew the proposal from the agenda at its annual meeting, so Einhorn dropped his lawsuit.


Previous
Next
Judge Trims Apple's Patent Award Against Samsung        All News        Facebook To Unveil New New Newsfeed
Judge Trims Apple's Patent Award Against Samsung     General Computing News      Facebook To Unveil New New Newsfeed

Get RSS feed Easy Print E-Mail this Message

Related News
Apple Music On Sonos Now Available
Apple Error Message Killing iPhones After Replacing Displays
Apple Dominated The Smart Watch Market In 2015
Apple Faces $626M Fine In Patent Case
Apple Has Big Plans For VR After All
Apple To Add Wireless Charging Tech In Future iPhones: report
Apple Recalls AC Wall Plug Adapters And World Travel Adapter Kit
Apple Reports Record First Quarter Results
Apple Loses Head Of Secret Electric Car Project: WSJ
Apple To Return to 4-inches With Rumored iPhone 5SE
Google Paid Apple $1 Billion Fee To Keep Search Bar on iPhone
New Apple Music Apps Transform iOS Devices into Music Studios

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .