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Einhorn’s Greenlight Fined by U.K. FSA

By Christopher Scinta - 2012-01-25T16:30:00Z

David Einhorn

Peter Foley/Bloomberg

David Einhorn, president of Greenlight Capital Inc.

David Einhorn, president of Greenlight Capital Inc. Photographer: Peter Foley/Bloomberg

The Financial Services Authority fined David Einhorn, owner of hedge fund Greenlight Capital Inc. and his fund 7.2 million pounds ($11.2 million) for using inside information to trade Punch Taverns Plc (PUB) securities in June 2009, the agency said in an e-mailed statement.

To contact the editor responsible for this story: Christopher Scinta at cscinta@bloomberg.net

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