Masimo Retail Investor Role in Politan Proxy Fight Eyed by Judge

Sept. 10, 2024, 1:27 AM UTC

A federal judge’s decision about an upcoming proxy fight at Masimo Corp. may hinge on whether new information filed Monday by Politan Capital Management LP has time to reach retail shareholders.

The hedge fund filed new disclosures for investors that it said were meant to moot allegations that Politan made materially misleading statements ahead of a Sept. 19 shareholder vote.

The vote—which Masimo seeks a preliminary injunction to delay—could oust Masimo’s CEO from the board and shift control of the electronic health monitor maker to Politan. Judge James V. Selna of the US District Court for the Central ...

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