Masimo CEO shared confidential information with investor ahead of public release, court filing shows

Masimo CEO Joe Kiani, whose medical-technology company is in the midst of a proxy battle with activist Politan, revealed what he called confidential information to a major investor 12 hours before it was released to the public, according to court filings. The documents, partially unsealed on Friday, are related to ongoing litigation between Politan and Masimo, which makes devices for monitoring the amount of blood in a person's oxygen. Politan is seeking to replace two directors, including Kiani, with its o ...