Judge Sides With Greenlight, Blocks Apple From Holding Shareholder Vote On Proposal Over Preferred Stock

The "silly sideshow" around Greenlight Capital and Apple issuing preferred stock, as Apple CEO Tim Cook put it, will go on according to a ruling today by U.S. District Judge Richard Sullivan in NYC today. Sullivan sided with Greenlight Capital manager David Einhorn, blocking Apple from being able to proceed with a shareholder vote on whether or not the company can issue preferred stock.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/dn2s98mlIoA/

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