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SAC’s Cohen Must Face Ex-Wife’s Suit, Truthfulness Query

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SAC Capital Advisors LP founder Steven Cohen was ordered by a judge to face questions in his ex-wife’s post-divorce fraud lawsuit about times he may have been ‘untruthful,’’ including during the government’s insider-trading probe of his hedge fund.

Patricia Cohen sued her ex-husband in 2009 alleging that he concealed a $5.5 million payment he received from real estate deal pending at the time of their 1990 divorce. Steven Cohen today lost a preliminary bid to throw out the case, which was reinstated by a federal appeals court last year after being dismissed in 2011.