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>> APPLE INC. Latest News

FEB 22, 2013 - Fast Company

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Judge Blocks Vote Over Preferred Shares

Greenlight Capital scored a major win over Apple executives in federal court this week. Greenlight Capital Inc. founder David Einhorn may have won a major battle against Apple, with a federal judge ruling in his favor on Friday to block an upcoming shareholders vote over preferred stock, Reuters reported. The vote, which sparked a fight between Einhorn and Apple executives, would have made it possible for the company to block the creation of preferred shares. The decision comes a day after Einhorn laid out his plans for iPrefs, or preferred shares, in a public conference call. Greenlight ... Read More

Tags: Judge Blocks Vote Over Preferred Shares,  Apple Inc. Latest News