Thursday, November 27, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Syrian Electronic Army targets CNBC, Telegraph, Independent, PCWorld
GoPro Camera Drones In The Works: report
European Parliament Votes To Break Up Google
LG Electronics Streamlines Structure, Names New Presidents of Home and Mobile Segments
Microsoft Accidentally Anounced Acquisition Of Acompli
Microsoft Offers Massive Music Deals For The Holidays
ETRI Develops 10Gbps Internet Speeds Technology
New Asus Strix 7.1 Surround Gaming Headset Released
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 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 To Donate Part of App Sales Profit To Support Fight Against AIDS
Apple To Bundle Beats to iOS: report
Apple WatchKit Software Tools Now Available
UnionPay Payment Option Now Available For or Chinese Apple Customers
Samsung To Make Future Application Processors For Apple: report
Apple Downlpays Importance of "Masque Attack" To iOS Devices
Apple To Face Lawsuit Over Vanishing iPhone Text Messages
Apple May Change Flash NAND Used in New iPhones
WireLurker Malware Targets Apple Devices
Apple Becomes The Most Powerful Mobile Brand In China: survey
Christie's To Auction Original Apple Computer
Apple's Tim Cook Declares His Sexual Orientation

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .