IRVINE, Calif.--(BUSINESS WIRE)--The Masimo Corporation (“Masimo” or the “Company”) (Nasdaq: MASI) Board of Directors today issued a letter to stockholders to set the record straight on the many highly misleading and inaccurate claims recently published by Politan Capital Management (“Politan”). Politan’s reckless and unprincipled willingness to distort the truth in pursuit of its agenda shows its founder and nominee Quentin Koffey is not to be trusted to serve on Masimo’s Board of Directors. The Board continues to encourage stockholders to vote FOR Masimo’s highly qualified director nominees, H Michael Cohen and Julie Shimer, Ph.D., using the WHITE proxy card.
“Masimo’s stock price has significantly underperformed any relevant set of peers over any relevant time period.”
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The full text of the Board’s letter to our stockholders can be found here:
Dear Fellow Masimo Shareholders:
In our prior letter, published on May 26, 2023, we wrote that Politan and its founder and nominee Quentin Koffey have shown a reckless disregard for the truth in pursuit of their dangerous agenda. We pointed out a handful of highly misleading and inaccurate statements that suggest Mr. Koffey is either purposely misleading or fundamentally ignorant of Masimo’s business, industry and history; however, the sheer number of errors in Politan’s May 23 letter requires its own letter to set the record straight. Below you will find a catalog of Politan’s falsehoods and inaccuracies.
Mr. Koffey’s...
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