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 charter. Yesterday in New York, US District Judge Richard Sullivan, who's hearing the case, said that the "likelihood of success is in favor for Greenlight on the merits," according to a report by Fortune.
Einhorn is seeking to block a vote on the proposition that Apple intends to conduct during its next shareholder meeting on F
