Thursday, December 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple In Talks With Hollywood For Early Movie Rental
Bluetooth 5 Technology Brings Advancements In Terms Of Range, Speed And Capacity
Global Virtual Reality Association Established To Promote VR
Fitbit Acquired Assets from Pebble
GIGABYTE Announces Xtreme Gaming Peripherals, Including A Gaming Chair
Scythe Releases Improved Mugen 5 CPU Cooler Armed With Kaze Flex 120 Fan
Qualcomm Begins Sampling The 48- Core, 10nm Centriq 2400 Server Processor Family
Could Future Intel Chips Have AMD Graphics Inside?
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
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 In Talks With Hollywood For Early Movie Rental
These Are Apple's Best of 2016 Across Apps, Music, And Movies
U.S. Supreme Court Rules in Favor of Samsung in Smartphone Patent Suit
Apple Sent Letter NHTSA Asking About Autonomous Vehicle Guidelines
Apple Blames Battery For Random iPhone 6s Shutdowns
Researcher Bypasses The iOS Activation Lock
Apple To Use Drones To Collect Maps Data, Progresses With Interior Mapping Project
New Report Suggests A Curved iPhone Is In The Works
Apple's Black Friday "Deals" Are Just Up To $150 Gift Cards
LG Innotek To Develop 3D Smartphone Camera With Apple
Apple Could Not Move iPhone Production To The U.S.
Apple Quits Development of Wireless Routers

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 .