Steve cohen sac capital wife
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Billionaire Steve Cohen Wants 57 Of His Ex-Wife's Emails From 2006
The drama never ends in the Steven and Patricia Cohen divorce saga.
Steve Cohen, one of the richest hedge fund managers and the founder of Point72, (formerly SAC Capital) is trying to get a hold of 57 of his ex-wife's emails from 2006 and 2007, according to Bloomberg's Patricia Hurtado.
The billionaire says the email exchanges will "help him defend a fraud suit she filed against him," according to the report.
The emails in question were exchanged between Patricia Cohen and attorney Michael Bowe in 2006 and 2007.
Bowe previously sued Steve Cohen twice when he was representing both Biovail Corp. and Fairfax Financial Holdings Ltd., also back in 2006. In the suits, Steve Cohen and SAC Capital were accused of insider trading.
Although the suits were eventually dismissed, SAC Capital ended its investment advisory business after pleading guilty to insider trading last year. It later changed its name to Point72 Asset Management LP.
So what does Patricia Cohen have to do with all of this?
Although the pair officially divorced in 1990, the fighting never stopped.
In 2009, she sued Steve Cohen claiming that he concealed assets worth upward of $5.5 million during their divorce
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Steve Cohen (businessman)
American billionaire hedge-fund manager, sports team owner (born 1956)
For other persons with a similar name, see Steve Cohen (disambiguation).
"Steven A. Cohen" redirects here. For the American academic, see Steven A. Cohen (academic).
Steven A. Cohen (born June 11, 1956) is an American hedge-fund manager and owner of the New York Mets of Major League Baseball (MLB) since September 14, 2020, owning just over 97% of the team.[3] He is the founder of hedge fund Point72 Asset Management and S.A.C. Capital Advisors.[4]
In 2013 S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund. Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal. The hedge fund agreed to plead guilty to wire fraud and four counts of securities fraud and to close its doors to outside investors.[1]
Cohen loosely inspired the character Bobby Axelrod, played by Damian Lewis, on the Showtime series Billions.[5]
Early life and education
[edit]Cohen grew up in Great
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The Taming be a devotee of the Trading Monster
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As Bharara’s spider's web closed beware him, Cohen complained style associates