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February 12, 2013 08:47 pm GMT

Apple CEO Tim Cook Calls Shareholder Lawsuit A Silly Sideshow, Says Company Wont Waste Time On It

Image (1) tim-cook.jpg for post 38788Last week, Apple was hit with a lawsuit from Greenlight Capital, David Einhorn's hedge fund, in order to contest a proposition which would include a requirement in Apple's charter that any move to issue preferred stock be approved by Apple's common shareholders. Today, CEO Tim Cook called that suit a "silly sideshow," speaking at a Goldman Sachs investor conference.

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