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SAC Capital, Steve Cohen (And His Brother) Sued By Ex-Mrs. C

drudge-siren.gifPatricia Cohen, the former wife of Steven Cohen, has filed a RICO suit against Steve, his brother Donald, and SAC Capital (et al*) in Southern District court of New York. Patricia is alleging that Steve conspired with others to conceal “significant” marital assets of which she was due after their ten year marriage. She claims to have become suspicious of Steve after hearing about the Biovail case (on a 60 Minutes special), at which time she began her own investigation. She is seeking $300 million.


Patricia and Steve were married on December 7, 1979 (and divorced in 1988), and have two kids, a daughter and son. The ex. Mrs C. claims that SC told her to hand over profits from her real estate transactions to be placed in an account in his name at Gruntal & Co. She also claims that he got insider info in advance of the RCA-GE deal in 1985, and also hid a few million dollars from her made through real estate deals with Brett K. Lurie (who is now in jail).
SAC spokesman Jonathan Gasthalter told Dealbreaker in a statement, “These are ludicrous allegations made by a former spouse that are entirely without merit. It is disgraceful that a member of the bar would assist her in what can only be considered a transparent attempt to extort money.”
*S.A.C. TRADING CORP., S.A.C. CAPITAL MANAGEMENT, INC., S.A.C. CAPITAL MANAGEMENT, LP, S.A.C. CAPITAL MANAGEMENT, LLC, S.A.C. CAPITAL ADVISORS, LLC, S.A.C. CAPITAL ASSOCIATES, LLC, CPA HEDGEFUND CO., LTD, SIGMA CAPITAL MANAGEMENT, LLC

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72 Responses to “SAC Capital, Steve Cohen (And His Brother) Sued By Ex-Mrs. C”

  1. Anal_yst says:

    Ah, so it seems someone wants to be buried by the zamboni more than our dear BL

  2. guest says:

    holy shit

  3. guest says:

    bess is the best

  4. guest says:

    I am curious as to what Anal_yst’s thoughts are on this topic.
    Foreheadslapper

  5. guest says:

    If she’s going to attract a much younger man she will need bank. Simple.

  6. guest says:

    RICO is a criminal suit that can only be initiated at the behest of the Federal Government.
    Straight Man
    (Former Lehman humor analyst)

  7. Tax Chick says:

    Scorned women are a force to be reckoned with. Stevie may be found dead with telltale zamboni tracks crisscrossing his naked tortured body.

  8. guest says:

    hey Marshall islands its Stevie I need you to do me a huge favor. Can you please take your name off your phone? My ex wife went through my phone and may be calling you. So if you can, please take your name off that. Just have it as a number on the voicemail. You got to do this for me. Huge. Quickly. Bye

  9. Bess Levin says:

    @6 There is criminal RICO and civil RICO. Guess which one this is.

  10. guest says:

    oh shit

  11. guest says:

    @9 – Criminal?

  12. guest says:

    @6 how does it feel to get pwnd?

  13. “Can you show us on the doll where he inserted the dry erase marker?”

  14. Becky Boot Fan says:

    RICO…suave’.

  15. guest says:

    @6 – Bess hates your freaking guts now. Happy Kwismass, bitch!

  16. guest says:

    Bess, every now and then I detect a note of sarcasm in your dealings with the commentariat. Not sure if it’s a subconscious thing or what.
    I personally am offended that the federal statute directed at bringing to heel Racketeer Influenced and Corrupt Organizations (purposely?) forms an acronymn that is also a common nickname or diminutive of Enrico.
    Last name ends in a vowel.

  17. Nigel_Tufnel says:

    well so what, what’s wrong with concealing your asses?

  18. guest says:

    for once some biatch ain’t suing tiger!

  19. guest says:

    I love cocksucking lesbians in heat!

  20. guest says:

    who will rip this off from db? wsj? dealbook?

  21. guest says:

    @ bess- call me
    -the bodyguard

  22. guest says:

    @20 — half the lawyers in NYC get notices when any lawsuit is filed in NY federal or state court — including this one. Kudos to Bess for being quick to post it, but this is not some sort of investigative scoop.

  23. guest says:

    @23 so much you don’t know on this one…

  24. guest says:

    @22 those times reporter should be shot for the cheesiest, most cliched writing known to man.

  25. guest says:

    Ex-Mrs. SAC laminates totem poles better than all competitors. But like her ex-hubby, she charges 3%/50% for such services =[

  26. guest says:

    heh heh you learn something new every day. Ha, funny.
    gulp.
    -6

  27. guest says:

    does this mean I’m off the hook?
    -PJ

  28. guest says:

    God bless @13 for his/her comment.

  29. guest says:

    the “stupid girl” tag brings back such fond memories.
    -andrew “miss” tong

  30. guest says:

    She wants a SAC lunch.
    num numnum num num

  31. Last Man Standing says:

    I’d like to see the playing card Stevie made with this piece of work

  32. guest says:

    Just fork over the $300 million Stevie.
    -ex-Mrs. Cohen’s latest boy toy….grrrr

  33. 99 probs says:

    when the f are we going to enact laws to protect us from these whores?
    — T ¨Caublasian¨ W

  34. guest says:

    Bess, fyi, there’s an extra ‘u’ you have in your ‘lawsuit’ tag

  35. guest says:

    sorry Bess already apologized. I didnt see the story hidden beneath the fold….

  36. guest says:

    @37 wtf are you talking about? you didn’t see it b/c you’re blind and/or stupid.

  37. guest says:

    @38 Why you gotta go there?
    -37 Govt Patterson

  38. guest says:

    its not insider trading if you know the guy from college and gave him a reach around.
    -Barney

  39. guest says:

    I would love to hear that spokesman explain the dozens of deal SAC did with NASD-Banned Howard Appel (Philly-mob-backed) and Canadian exile Mark Tompkins (Vancouver-mob-backed) in making his “sagacious” hedge fund bets. That should be very interesting…

  40. […] ex-lover’s spat du jour: that of Steve Cohen and his former wife, Patricia, who last December sued Steve, accusing him of hiding “significant” marital assets from her when they were […]

  41. […] ex-lover’s spat du jour: that of Steve Cohen and his former wife, Patricia, who last December sued Steve, accusing him of hiding “significant” marital assets from her when they were […]

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