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Tag: David Einhorn

Warren Buffett speaks out on Apple's cash pile

Warren Buffet was on CNBC yesterday, and the famous investor had some opinions about Apple, its stock price and the enormous pile of cash it's sitting on lately. His basic thoughts, not surprisingly, were just for Apple to keep making money. "The best thing you can do with a business is run it...

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David Einhorn drops his lawsuit against Apple

Greenlight Capital hedge fund manager David Einhorn has decided to end what Apple CEO Tim Cook has referred to as a "silly sideshow" by dropping the lawsuit he'd brought against 1 Infinite Loop in early February. Filed in conjunction with other Apple shareholders, the lawsuit sought to force...

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Apple cancels shareholder vote after judge sides with Greenlight's Einhorn

Greenlight Capital hedge fund manager David Einhorn has scored a legal victory against Apple in the lawsuit he and shareholders filed against 1 Infinite Loop earlier this month. Reuters is reporting that US District Judge Richard Sullivan has sided with Einhorn and ordered Apple to postpone...

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Judge believes Greenlight Capital has a strong case against Apple

Earlier this month, David Einhorn of hedge fund Greenlight Capital and Apple shareholders brought a lawsuit against Apple seeking to force the company to share more of its massive cash reserves with shareholders, and claiming that it had violated SEC rules in a proposed amendent to its corporate...

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Apple blasts shareholder lawsuit in court response

Just a few days after Apple CEO Tim Cook referred to a shareholder lawsuit spearheaded by Greenlight Capital fund manager David Einhorn as a "silly sideshow," the company filed its formal response to the lawsuit. As one would expect, the response is rather harsh. As noted in MacNN's analysis...

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Tim Cook: Shareholder lawsuit is a 'silly sideshow'

You may recall a TUAW post last week about a shareholder lawsuit spearheaded by Greenlight Capital fund manager David Einhorn. The lawsuit essentially claims that Apple isn't doing enough to make sure that shareholders are receiving the benefits of the company's success, and contests a...

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