March 01, 2013
Billionaire hedge fund owner David Einhorn withdrew a lawsuit Friday in New York federal court over an Apple Inc. proxy statement after the technology giant effectively conceded defeat and withdrew a contentious shareholder vote proposal.
February 22, 2013
A New York federal judge on Friday blocked part of an upcoming Apple Inc. shareholder vote, a win for billionaire hedge fund owner David Einhorn, a critic of the company's purported cash hoarding.
February 22, 2013
Dell Inc. investors grumbling about use of the company's $14 billion foreign cash pile to help fund its buyout found an unlikely ally Thursday in David Einhorn, the hedge fund CEO needling another tech giant, Apple Inc., to use its cash to benefit shareholders.
February 19, 2013
Apple Inc. likely violated a federal securities regulation by forcing shareholders to cast a single vote on several changes to its articles of incorporation proposed in its proxy statement, a New York federal judge indicated Tuesday.
February 14, 2013
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.
February 07, 2013
Hedge fund superstar David Einhorn on Thursday escalated a public confrontation with Apple Inc. by suing the technology giant in New York federal court, claiming it is refusing to share billions in cash with stockholders by issuing a new security.