Tag Archives: industry-experience


CSX Corp. Sue the Childrens Investment Fund

December 18, 2008 : Permalink

West Palm Beach (HedgeCo.net) – Transport company, CSX Corporation announced that it has joined in  a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]

Shareholder Sues CSX, Claims Hedge Funds Were to Blame

October 30, 2008 : Permalink

New York (HedgeCo.Net) – CSX is finding themselves in the middle of another battle, this time with a shareholder who is suing the railroad company along with hedge funds TCI and 3G Capital Partners. Shareholder Deborah Donoghue is seeking the […]

Shareholder Sues CSX, Hedge Funds Over Short-Swing

October 30, 2008 : Permalink

CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight earlier this year. The lawsuit, […]

Amidst Rumors About Jobs Health Problems, Apple Shares Drop

July 22, 2008 : Permalink

eFluxMedia- Quoting an unnamed Wall Street source, the New York Post said that Apple’s hedge fund investors are very worried after Steve Jobs appearance at MacWorld 2008. In June, Apple downplayed the rumors rumors and speculations regarding Steve Jobs’ health. […]

Hedge funds get 4 of 5 candidates on CSX board

July 17, 2008 : Permalink

Bizjournals.com- CSX Corp’s board is in for a bumpy ride despite assurances from the railroad and two rival hedge funds they will work together to maximize profitability, a railroad analyst said. "Everyone is human and the proxy fight between them […]

Proxy advisory firm backs hedge funds’ nominees for CSX board

June 20, 2008 : Permalink

Bizjourmals.com- The country’s largest proxy advisory company recommended the election of four of the five board members nominated by hedge funds engaged in a proxy contest with CSX Corp. The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. […]

CSX, hedge funds to present cases online

June 6, 2008 : Permalink

Bizjournals.com- CSX Corp. and the activist hedge funds engaged in a proxy contest with the railroad will make their cases to gain the recommendation of a company many institutional investors rely on when casting shareholder votes. RiskMetrics Group, a proxy […]

CSX Case Challenges Hedge Funds

May 27, 2008 : Permalink

New York Post- A looming decision in a heated lawsuit brought by railroad giant CSX Corp. could shut down a loophole used by activist hedge funds to hide their stake from the market. CSX alleges that two big hedge funds […]