Einhorn’s Greenlight Fined by U.K. FSA Over Punch Share Sale

David Einhorn
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 securities in June 2009, the agency said in an e-mailed statement.