Greenlight Capital Sues Over Leaked News On Micron Buy

Law360, New York (February 14, 2014, 5:56 PM EST) -- Hedge fund Greenlight Capital Inc. filed a petition, made public Thursday, in New York court to compel financial news site Seeking Alpha to disclose the identity of the contributor who leaked Greenlight's stock purchase of Micron Technology Inc.

Anonymous contributor Valuable Insights had posted hints about the purchase on Seeking Alpha on Nov. 14, shortly before Greenlight, run by investor David Einhorn, was about to deliver a confidential letter to the U.S. Securities and Exchange Commission about the purchase. The public disclosure drove up Micron's price,...
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