10:40 AM EDT, 07/11/2024 (MT Newswires) -- Masimo ( MASI ) urged shareholders Thursday to vote for the company's director nominees Joe Kiani and Christopher Chavez.

The company said actions taken by investor Politan Capital Management and its founder Quentin Koffey "directly contradict their purported commitment to good governance."

Masimo ( MASI ) added that Koffey has confirmed Politan's nominees would vote as a block that will result in a deadlocked board.

Politan did not immediately respond to MT Newswires' request for comment.

Masimo ( MASI ) shares were 4% higher in recent trading.

Price: 111.24, Change: +4.24, Percent Change: +3.96