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

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

Jan. 25 (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.

Link to Company News:{101581Z US <Equity> CN <GO>} Link to Company News:{2630281Z LN <Equity> CN <GO>} Link to Company News:{GLRE US <Equity> CN <GO>} Link to Company News:{PUB LN <Equity> CN <GO>}

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

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