How 'bout that new law suit ladies

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anonymous said:
Damn straight... I'm afraid his days of galivanting around in the company jet, basking in self-praise and other people's money, are long long gone. Let the games begin

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Former Masimo CEO Kiani wants court to toss ’empty voting’ lawsuit​

Mar 11, 2025
Former Masimo CEO Kiani wants court to toss 'empty voting' lawsuit
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There are five stages of grief, for example when forcibly removed from one’s own company and Board of Directors and private jet.
Stage 1: Sue somebody fast for at least $100 million.

Former Masimo CEO Joe Kiani plans to sue board members
March 2025 - Mass Device
“Disgraced former Masimo CEO Joe Kiani submitted a Private Attorneys General Act (PAGA) notice in a move to sue Masimo board members. Kiani seeks over $100 million in statutory penalties from six Politan Capital Management-affiliated board members.”
https://www.massdevice.com/former-masimo-ceo-joe-kiani-plans-to-sue-board-members/
 


Game on. May the justice system do its thing!

Masimo Corporation v. Kiani
District Court, S.D. New York
Docket Number: 1:24-cv-08147
Citation: Masimo Corporation v. Kiani, 1:24-cv-08147, (S.D.N.Y. Oct 25, 2024) ECF No. 1
https://www.courtlistener.com/docket/69314082/1/masimo-corporation-v-kiani/

The complaint asserts that Kiani’s disregard for corporate governance standards has undermined shareholder confidence in Masimo’s leadership. It marks a significant escalation in tensions between Masimo and its former CEO, highlighting longstanding shareholder concerns over Kiani’s questionable governance and alleged self-interest in decision-making. Said involvements by Kiani have been cited as illegal and damaging to Masimo’s corporate credibility, and ultimately to shareholder representation and profits.

In the lawsuit, Masimo alleges that Kiani’s close personal and financial ties with the investment firm’s principals influenced the coordinated attempt to sway shareholder votes. Kiani is reportedly a personal investor in RTW-managed funds and a close associate of RTW executives, including RTW founder Roderick Wong, who invited Kiani to speak at a healthcare finance course he teaches at New York University, and Naveen Yalamanchi, who oversees RTW’s medtech investments. According to the suit, Yalamanchi is the only shareholder known to have flown on Masimo’s corporate jet with Kiani; and the two maintain close social and professional ties in the Orange County business community. Masimo claims these relationships were pivotal to the manipulation schemes, of which Kiani is the alleged chief architect.
 




anonymous said:
Masimo’s network has been down all week affecting all offices worldwide. Employees are not able to work and they are not able to manufacture or ship product. Sounds like a ransomware attack
Masimo.com Has Been Down for 'A Few Days'
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In response to Masimo’s corporate website status, i.e. indefinitely shut down without cause or explanation provided​


The Company’s Reaction Seems Suspicious​

That lack of transparency and insufficient communication from the company seems suspicious.

Posted on Starta-gee website
“Inside source in Irvine headquarters said the FBI was there this week and that this is worldwide in a Masimo facilities and they are currently down.”
MAY 1, 2025 AT 10:22 PM
Masimo.com Has Been Down for 'A Few Days'
 


anonymous said:
Masimo’s network has been down all week affecting all offices worldwide. Employees are not able to work and they are not able to manufacture or ship product. Sounds like a ransomware attack
Masimo.com Has Been Down for 'A Few Days'
Click to expand...
[MASI] Company Web Site Down For Days, No Explanation Given
ChannelNews
By David Richards| 5 May 2025
“Masimo Corp is refusing to say why their web site has been down for days, they have also failed to rule out a hack attack.”
The company’s leadership will be expected to address the matter during it’s Q1 2025 Earnings Call tomorrow—May 6, 2025 @ 4:30 PM ET.
https://www.channelnews.com.au/major-audio-company-web-site-down-for-days-no-explanation-given/
 


Kiani’s grand exit: a final demonstration of unbridled greed.

Medical device company Masimo may not be able to rid itself entirely of its meddlesome former CEO, Joe Kiani. In fact, if a court awards him the shares exercised under his various employment agreements, he could be 1) a billionaire and 2) the second largest shareholder in the company after Fidelity Investments (FMR). He currently and undisputedly holds 7.5% of Masimo’s shares (Nasdaq: MASI), trading today at over $163.00 and ironically up substantially since his departure. The latest is that Mr. Kiani cleverly filed with the SEC a mandatory “beneficial ownership” report (Schedule G/A, designating an amended form) stating that he owned 13.2% of shares.
April 30, 2025 | by Donna Cusano
TeleCareAware - May 2025
https://telecareaware.com/
 






anonymous said:
inevitable endgame for any tyrant CEO w/ long history of being:
  • one part batshit crazy
  • two parts rogue know-it-all
  • master & commander of obedient BOD
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Surely there are restrictions to how much absolute control CEO’s have when running public companies such as Masimo, vs. private. Those w/ any common sense certainly recognize and embrace the difference.
…But then there’s the bitter messiah Joe of Shiraz

May 15, 2025
“Don’t give up control,” says Kiani. “You may, at the end of the day, be only left with five percent of your company, but you should be able to control your company regardless of what percentage of the company you own financially.”

Grit Daily
Spencer Hulse, Editorial Director
https://gritdaily.com/joe-kiani-nutu-app-takes-aim-at-diabetes/
 



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