Ahead of hearing, Einhorn reiterates case against Apple
NEW YORK (Reuters) – David Einhorn reiterated his arguments Friday that a judge should block a shareholder vote on Apple Inc’s proposal to eliminate its ability to issue preferred shares without investor approval, days before a court hearing. In court filings in U. S. District Court in Manhattan, Einhorn’s Greenlight Capital attempted to rebut Apple’s arguments that the company’s proposal was "pro-shareholder. " "Apple should not be allowed to substitute its judgment for its shareholders’ judgment, and should be enjoined" from letting the vote proceed, Greenlight said in a motion. . . .
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