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FEB 22, 2013 - MacRumors

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Judge Blocks Vote on Proposal 2 at Next Week's Apple Shareholder Meeting

A judge has decided to block a vote on Question 2 at Apple's annual shareholder's meeting next week, according to a report from Reuters. Hedge fund Greenlight Capital, a major shareholder of Apple stock, filed a lawsuit earlier this month asking that Apple be prevented from bundling a number of proposals into one ballot question at the shareholders meeting. The firm argued that the bundling of three separate corporate governance proposals into one question was in violation of SEC rules. A judge handed hedge fund star David Einhorn a victory in his court battle with Apple Inc on Friday, ... Read More

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