Saturday, October 10, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
3Q15 Hard Disk Drive Shipments Report
Japanese Fund may Invest In Sharp: report
ASUS Upgrades Its ROG Gaming Lineup
ITC Says Samsung Did Not infringe Nvidia's Patents
ARCHOS and Sikur Ensure Your Privacy with GranitePhone
Firefox To Switch Away From Plugins
Apple Removes Apps From Online Store
PC Shipments Kept Falling In 3Q
Active Discussions
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
Optiarc AD-7260S review
 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.

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 Removes Apps From Online Store
Apple's iBooks To Offer Enhanced Editions of Harry Potter Series
Apple Brings Apple Music, iTunes Movies And iBooks in China
OS X El Capitan Available as a Free Update
Apple's A9 SoC Is TSMC 16nm FinFET and Samsung Fabbed: report
New iPhones Hit Stores
Apple Unveils The Top 25 Apps Hit by Malware
Apple's Project For Own Electric Car Is Still Years Away
Apple Says iOS9 Runs In Half iPhones Already
Hackers Targetted Apple App Store
Apple Suggests Fix For iOS 9 'Slide to Upgrade' Bug
Apple iOS 9 Update Causes Headaches To Users

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .