Apple Blasts Greenlight's Bid To Block Shareholder Vote

Law360, New York (February 14, 2013, 6:26 PM EST) -- Apple Inc. on Thursday in New York federal court opposed Greenlight Capital Inc.'s bid to halt a shareholder vote on a proposal to eliminate preferred stock from the tech giant's charter, arguing that it would harm the public interest.

Greenlight and its principal, David Einhorn, sued Apple on Feb. 7, asking for a preliminary injunction to block the company from holding a shareholder vote on its preferred stock revision plan at its annual shareholder meeting Feb. 27. The plan would require Apple to get full shareholder...
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