Lehman subpoenas hedge funds Greenlight, SAC

Reuters – Lehman Brothers Holdings Inc wants to investigate David Einhorn’s Greenlight Capital, Steven Cohen’s SAC Capital Advisors and other hedge funds over whether they took improper actions that damaged Lehman’s business ahead of its collapse, court documents show.

On Friday, attorneys for Lehman Brothers filed notices of subpoena for hedge funds Greenlight, SAC, Citadel Investment Group, Och-Ziff Capital Management and Goldman Sachs & Co, seeking access to documents and employees to conduct an investigation.

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