Greenlight’s Einhorn sues Apple, ‘dissatisfied with capital allocation strategy’

Here come the lawsuits. “Fund manager David Einhorn’s Greenlight Capital on Thursday said it has sued Apple Inc and said the company needs to do more to unlock value for shareholders,” Reuters reports. “Einhorn said Greenlight filed suit in federal court in New York to force Apple to modify a proposal on its proxy [No. … Continue reading

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