Investor Suing Aetna Moves To Delay Shareholder Meeting

Law360, New York (March 7, 2014, 2:11 PM EST) -- A shareholder suing health care giant Aetna Inc. for allegedly sending out false and misleading proxy statements in past years urged a New York federal judge on Friday morning to delay the company’s upcoming annual shareholder meeting.

In a status conference before district Judge Alison J. Nathan, plaintiff’s attorney Melanie Sloan stressed the time-sensitivity of investor Stephen W. Silberstein’s motion for a preliminary injunction, given that Aetna’s shareholder meeting is scheduled for May 30 and the company is expected to send out proxy materials as early...
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