Cohen Hedge Fund Divorce
Steven Cohen's ex-Wife Wants Part of His Hedge Funda substantial, if not controlling, interest in SAC Capital.
In an amended lawsuit filed on Tuesday, Patricia Cohen claims her former husband "defrauded" her out of "a substantial, if not controlling, interest in SAC Capital."
SAC Capital Advisors is the hedge fund Cohen started in 1992. He had divorced Patricia Cohen a few years earlier.
"These recycled allegations are ridiculous," said Jonathan Gasthalter, a spokesman for SAC Capital and Steven Cohen. "They are nothing more than a blatant extortion attempt arising from a divorce that was finalized over 20 years ago."
The amended complaint seeks to bolster Patricia Cohen's allegation that her ex-husband tried to hide millions of dollars in trading proceeds from her during their 1989 divorce.
The complaint, which Patricia Cohen's lawyer said had been filed in Manhattan Federal Court, had yet to appear on the court's electronic docketing service as of late afternoon on Tuesday. Source
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