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Judge grants Einhorn injunction against Apple Feb 22nd 2013, 20:39 NEW YORK | Fri Feb 22, 2013 3:39pm EST NEW YORK Feb 22 (Reuters) - A judge handed hedge fund star David Einhorn a victory in his court battle with Apple Inc on Friday, blocking the iPhone maker from moving forward with a shareholder vote on a controversial proposal to limit the company's ability to issue preferred stock. U.S. District Judge Richard Sullivan in Manhattan granted a motion by Einhorn's Greenlight Capital for a preliminary injunction stopping the vote on that proposal. The vote was scheduled for Feb. 27 as part of the company's annual stockholders' meeting. | |
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