James Fishback, a former analyst at David Einhorn’s Greenlight Capital, has admitted to sharing confidential fund information and agreed to cover the hedge fund’s legal costs in a lawsuit filed against him, according to a report by Bloomberg.
The report cites a Manhattan federal court filing as revealing that Fishback, who worked at Greenlight between 2021 and 2023, sent summaries of the fund’s positions and strategies to a personal email account and maintained a personal trading account investing in similar instruments at the same time. He also shared the fund’s full portfolio with others on multiple occasions.
Under the settlement, Fishback has agreed to return or delete all Greenlight materials in his possession within five business days and pay the fund’s legal fees, though the total amount has yet to be determined. No additional monetary relief was included in the agreement.
Greenlight originally sued Fishback in 2024 for breach of contract and defamation after he claimed to have been the fund’s “head of macro,” a position that does not exist, according to the firm. Fishback previously filed his own defamation suit against Greenlight, which has since moved to arbitration.
Fishback, now founder of Azoria Capital, has drawn attention for his outspoken support of US President Donald Trump and his high-profile confrontations with Federal Reserve officials over interest rate policy.
