Masimo Issues Statement Following Court’s Order Holding Politan …
Sep 13, 2024 · The Court’s ruling confirms that Quentin Koffey and Politan, who are seeking control of Masimo, have been dishonest with stockholders.
How Masimo’s 20-year CEO was ousted by activist investors
Oct 9, 2024 · The battle between the pair began after New York based investment firm Politan Capital, led by its owner Quintin Koffey, was able to secure a 9% stake in the medical device giant and add two...
Masimo’s Lawsuit Forced Politan and Quentin Koffey to Issue …
Sep 12, 2024 · Politan and Quentin Koffey Lied About the Spin-off. Mr. Koffey falsely claimed that the Special Committee had unanimously rejected the term sheet he had previously agreed upon with Mr. Kiani.
Masimo - Masimo Issues Statement Following Court’s Order …
Sep 13, 2024 · The Court’s ruling confirms that Quentin Koffey and Politan, who are seeking control of Masimo, have been dishonest with stockholders. Additionally, the Court found that Politan’s false statements improperly influenced the recommendations made to stockholders by ISS and Glass Lewis.
Masimo - Masimo’s Lawsuit Forced Politan and Quentin Koffey to …
Sep 12, 2024 · Politan and Quentin Koffey Lied About the Board’s Role in the Sale Process. Mr. Koffey falsely claimed that the Board authorized Mr. Kiani to carry out a sale of the Company without further Board oversight. In fact, Politan’s corrective disclosures revealed that Mr. Koffey knew this not to be true.
Masimo Exposes Politan’s Governance Hypocrisy
Jul 11, 2024 · IRVINE, Calif.--(BUSINESS WIRE)-- Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) today highlighted the actions taken by Politan and Quentin Koffey since Masimo’s 2023 Annual Meeting of Stockholders that directly contradict their purported commitment to good governance.
Masimo files lawsuit against activist investor Politan | Reuters
Jul 16, 2024 · Quentin Koffey-owned Politan has long criticized Masimo's capital allocation and board oversight and expressed concerns about the California-based company's $1 billion purchase of consumer...
MASI Stock Gains as US Court Raises Concern About Politan's Ethics
Sep 18, 2024 · Masimo MASI recently announced that a U.S. court has found Politan Capital and its managing partner, Quentin Koffey, guilty of violating a sealing order by releasing information from ongoing...
Masimo founder Joe Kiani faces a pivotal battle with Politan …
Sep 17, 2024 · The ensuing drama caught the eye of Quentin Koffey, a veteran investor who’d burnished his reputation at activist funds like Elliott Management, D.E. Shaw and Senator before starting Politan...
Masimo Issues Statement Following Court's Order Holding Politan …
Sep 16, 2024 · In its ruling on Masimo's motion, which has now been made public, the Court also found that Politan and Quentin Koffey actively and repeatedly disseminated materially false and misleading statements to Masimo stockholders.