Masimo (MASI) announced that it has initiated legal action against Politan Capital Management amid an ongoing proxy battle for board membership. The company is seeking an injunction requiring Politan to correct material misstatements.MASI also announced a new date for its 2024 annual meeting of stockholders, now set for Sep 19, 2024. This change is aimed at ensuring a fair and fully informed vote by the shareholders. The meeting was initially scheduled for Jul 25.Reasons Behind the LitigationMasimo's lawsui ...