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Greenlight’s Einhorn sues Apple, seeks bigger payout

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(Reuters) – David Einhorn wants Apple to "think different" . . . about its cash. The hedge fund manager’s Greenlight Capital sued Apple Inc on Thursday, saying the company should give stockholders a bigger share of its huge cash pile. Apple shares, which had fallen 35 percent from mid-September through Wednesday, were up 0. 9 percent at $458. 70 in morning trading. Einhorn, a well-known short seller, is long on Apple shares. . . .

View full post on Tech News Headlines – Yahoo! News


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