[Reuters] Einhorn wins ruling against Apple in cash pile fight

Posted by: UGN Security

[Reuters] Einhorn wins ruling against Apple in cash pile fight - 02/22/13 05:00 PM

NEW YORK (Reuters) - A U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his 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.