• 11 Jan 2010 at 12:26 PM

Steve Cohen And Lawyers Take Issue With Ex-Mrs. SAC’s Suit

By

At the heart of their claim seems to be the belief that Steve’s ex-wife, Patricia, is crazy, and by extension, so is her ex-lawyer, for filing her suit, which essentially accuses the big guy of being a mobster.

Lawyers for Steven A. Cohen, the founder of SAC Capital Advisors LP sued by his ex-wife last month for racketeering, said they will ask a judge to sanction the attorney who filed what they called a “frivolous” suit.
The lawyer, Paul Batista of New York, asked to withdraw from the case three weeks after he filed it. Steven Cohen’s lawyers said in papers filed Jan. 8 in federal court in New York that Batista should be sanctioned under a federal-litigation rule.
“We believe there is a very serious question about how any competent lawyer, consistent with his or her obligations under Rule 11, could have filed such a pleading, and we intend to pursue a Rule 11 remedy,” Steven Cohen’s lawyers wrote. “Given Mr. Batista’s request to withdraw, and the fact that new counsel has not yet appeared, someone must remain responsible for this frivolous pleading and the maintenance of this action.”

“This complaint was based on seven months of legal and factual research,” Batista said today in a phone interview. “The information was provided to me by Patricia Cohen and two investigators she hired. My view is that unless there’s something that has not been disclosed to me, the complaint is, for purposes of Rule 11, well-grounded in fact.”

Comments (9)

  1. 1
    Posted by guest | January 11, 2010 at 8:33 AM

    crazy like a fox

  2. 2
    Posted by guest | January 11, 2010 at 8:41 AM

    we still need pics of this lady.

  3. 3
    Posted by guest | January 11, 2010 at 8:52 AM

    @2 she looks like steve, but in a wig.

  4. 4
    Posted by Lord Conn | January 11, 2010 at 9:15 AM

    Sac has plenty of money to scare off all the lawyers. But. The publicity is golden.

  5. 5
    Posted by pfluger | January 11, 2010 at 9:21 AM

    My fuckin' robot refuses to have sex with me. I sent it back to da factory for repairs, and dey told me dat it was my fuckin' fault. Dey told my sweat seeped into my Marie's internal circuitry, causing erratic behavior and sometimes dangerous sparks.
    -cg

  6. 6
    Posted by volatilitysmile | January 11, 2010 at 9:24 AM

    My wife has erratic behaviour and sometimes dangerous sparks, and she is not even a robot. next.

  7. 7
    Posted by guest | January 11, 2010 at 9:25 AM

    @6 ex-wife.

  8. 8
    Posted by guest | January 11, 2010 at 9:27 AM

    @4 "The publicity is golden. "
    um…you're under the impression SAC likes this? an association with a crazy person, who was responsible for showing the world the spanish language talk show, i.e. the most embarrassing thing to happen to SC since Ping and his markers?

  9. 9
    Posted by volatilitysmile | January 11, 2010 at 9:38 AM

    @ 7 I wish, too much net worth, too many kids, so-so prenup.