Greenlight Discovers Blogger’s Identity

Mar 25 2014 | 2:17pm ET

As it turns out, Greenlight Capital didn’t need a court’s help to identify a blogger it accused of disclosing its investment in Micron Technologies while it was still building the position.

The New York-based hedge fund said it had the real name of “Valuable Insights,” the Seeking Alpha blogger who broke word of Greenlight’s investment in November, ahead of the firm’s public disclosure. Greenlight had asked a judge to force Seeking Alpha to identify the blogger, which it refused to do; a hearing had been set for next month.

Seeking Alpha said it had not identified Valuable Insights to Greenlight, which said it had “resolved the matter privately.” The hedge fund did not identify the blogger.

“We’re happy Greenlight is no longer pursuing the case,” Seeking Alpha editor-in-chief Eli Hoffmann said. “This is not the first demand we have had to disclose pseudonymous authors’ identities; we have yet to disclose author identity in any claim submitted to court.”

In its lawsuit against Seeking Alpha, Greenlight alleged that Valuable Insight’s report drove up the price it paid for its Micron stake, and that the blogger was a Micron shareholder.


In Depth

Prominent Hedgie Renee Haugerud Embroiled in Ugly Child Custody Battle

Sep 10 2014 | 2:43pm ET

A high-profile hedge fund manager is caught up in a nasty child custody battle in...

Lifestyle

Full House’s Stamos To Play TV Hedge-Fund Manager

Sep 5 2014 | 4:43am ET

The life of a Connecticut hedge-fund billionaire is coming to the small screen.

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.