Politan Touts California Proxy Vote Order, Masimo Seeks Sanction

Masimo Corp. and Politan Capital Management LP‘s sprawling proxy fight continued to Thursday as Politan touted a win based on a sealed ruling from a federal judge in California, and Masimo cried foul.

The sealed order regarding Masimo’s preliminary injunction motion was filed Wednesday, according to the case’s public docket, which didn’t indicate which way Judge James V. Selna at the US District Court for the Central District of California had ruled.

Politan in a Thursday news release wrote that Selna denied Masimo’s request to delay a Sept. 19 shareholder meeting, smoothing the road for a vote on ...