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

72 comments (hidden to protect delicate sensibilities)
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Comments (72)

  1. Posted by Anal_yst | December 16, 2009 at 4:18 PM

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

  2. Posted by guest | December 16, 2009 at 4:21 PM

    holy shit

  3. Posted by guest | December 16, 2009 at 4:25 PM

    bess is the best

  4. Posted by guest | December 16, 2009 at 4:26 PM

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

  5. Posted by guest | December 16, 2009 at 4:28 PM

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

  6. Posted by guest | December 16, 2009 at 4:30 PM

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

  7. Posted by Tax Chick | December 16, 2009 at 4:31 PM

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

  8. Posted by guest | December 16, 2009 at 4:31 PM

    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. Posted by Bess Levin | December 16, 2009 at 4:33 PM

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

  10. Posted by guest | December 16, 2009 at 4:35 PM

    oh shit

  11. Posted by guest | December 16, 2009 at 4:36 PM

    @9 – Criminal?

  12. Posted by guest | December 16, 2009 at 4:37 PM

    @6 how does it feel to get pwnd?

  13. Posted by Comfortably Smug | December 16, 2009 at 4:39 PM

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

  14. Posted by Becky Boot Fan | December 16, 2009 at 4:40 PM

    RICO…suave’.

  15. Posted by guest | December 16, 2009 at 4:42 PM

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

  16. Posted by guest | December 16, 2009 at 4:43 PM

    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. Posted by Nigel_Tufnel | December 16, 2009 at 4:43 PM

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

  18. Posted by guest | December 16, 2009 at 4:45 PM

    for once some biatch ain’t suing tiger!

  19. Posted by guest | December 16, 2009 at 4:47 PM

    I love cocksucking lesbians in heat!

  20. Posted by guest | December 16, 2009 at 4:47 PM

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

  21. Posted by guest | December 16, 2009 at 4:55 PM

    @ bess- call me
    -the bodyguard

  22. Posted by guest | December 16, 2009 at 4:57 PM
  23. Posted by guest | December 16, 2009 at 5:05 PM

    @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.

  24. Posted by guest | December 16, 2009 at 5:06 PM

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

  25. Posted by guest | December 16, 2009 at 5:14 PM

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

  26. Posted by guest | December 16, 2009 at 5:14 PM

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

  27. Posted by guest | December 16, 2009 at 5:15 PM

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

  28. Posted by guest | December 16, 2009 at 5:25 PM

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

  29. Posted by guest | December 16, 2009 at 5:50 PM

    God bless @13 for his/her comment.

  30. Posted by guest | December 16, 2009 at 6:27 PM

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

  31. Posted by guest | December 16, 2009 at 6:31 PM

    slore

  32. Posted by guest | December 16, 2009 at 8:18 PM

    She wants a SAC lunch.
    num numnum num num

  33. Posted by Last Man Standing | December 16, 2009 at 8:34 PM

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

  34. Posted by guest | December 16, 2009 at 10:23 PM

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

  35. Posted by 99 probs | December 17, 2009 at 7:41 AM

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

  36. Posted by guest | December 17, 2009 at 9:28 AM

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

  37. Posted by guest | December 17, 2009 at 2:24 PM

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

  38. Posted by guest | December 17, 2009 at 2:27 PM

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

  39. Posted by guest | December 17, 2009 at 2:35 PM

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

  40. Posted by guest | December 17, 2009 at 2:44 PM

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

  41. Posted by guest | January 7, 2010 at 1:54 AM

    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…

  42. [...] 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 [...]

  43. [...] 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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