SAC Capital’s Steven Cohen Wins Dismissal of Ex-Wife’s Suit
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SAC Capital Advisors LP founder Steven A. Cohen won’t have to face his ex-wife’s lawsuit accusing him of cheating her out of money in their 1990 divorce, a judge said.
U.S. District Richard Holwell in New York today dismissed Patricia Cohen’s lawsuit, ruling she took too long to bring the case filed in 2009. The judge said Cohen made similar claims in a 1991 lawsuit in which she accused her ex-husband of hiding assets and misrepresenting the value of his investments.