Patricia Cohen

  • 27 Jan 2014 at 4:22 PM

Steve Cohen’s Ex-Wife Isn’t Going Anywhere

A judge may have thrown out her RICO claims, but she’s still got breach of fiduciary duty, and if she has to go through 20 more lawyers to make her case, so help that’s what she’s gonna do. Read more »

  • 23 Sep 2013 at 2:01 PM

Steve Cohen Not The Only One Sick Of His Ex-Wife

Those of you who’ve kept a detailed spreadsheet of Things That Are Pains In Steve Cohen’s Ass know that a particularly hide-chapping outstanding item is that of his ex-wife, Patricia. Her existence in general, sure, but specifically the lawsuit she filed against him nearly four years ago. Over the years, the case has been dismissed and the case has been reinstated; Patty has replaced one lawyer, and another, and settled on a third; and the former Mrs. Cohen has gone from asking for $300 million to half of SAC to a measly $8.25 million. The one thing that hasn’t changed? Her desire to nail her ex-husband to the wall. And while she seems to have vowed to never, ever give up in her quest to do so, one member of the bench has decreed she’s got one final shot at settling this the legal way and then must resign herself to getting back at her ex by sticking pins in her Stevie doll. Read more »

  • 14 May 2013 at 6:02 PM

Patricia Cohen Has New Representation

Following yesterday’s resignation of PC’s most recent lawyer, Howard Foster, in her case against Steve Cohen, who she claims hid millions from her during their divorce 20+ years ago, the ex-wife that could has hired herself a third attorney. Read more »

The ex-wife of hedge fund honcho Steve Cohen is turning up the heat in her bitter legal battle with her former husband. Patricia Cohen is talking with trial lawyers about taking on her case after a New York appeals court revived her lawsuit accusing her ex of cheating her out of millions during their divorce more than two decades ago, The Post has learned. No decisions have been made, but she is “evaluating how to go forward,” said a person close to the case…It’s unclear whether Patricia’s current lawyer, Howard Foster, who specializes in racketeering laws, will remain on the case if a trial lawyer is hired. He was given the option to stay on, a source said. Foster is Patricia’s third lawyer since she first kicked off the case in 2009. [NYP, related]

  • 03 Apr 2013 at 12:56 PM

Steve Cohen Needs To Go Stress Shopping, STAT

In objective terms, worse things have happened to Steve Cohen than the news he received today. The charges against Mathew Martoma re: allegedly masterminding the largest insider trading scheme ever during his time at SAC. Friday’s arrest of high-ranking employee Michael Steinberg. The $614 million he needs to personally pony up to settle with the Securities and Exchange Commission (which he may not even be allowed to do without an admission of guilt). The slanderous claim his house clocks in at a mere 14,000 square feet. The circling of federal investigators who want him bad. And yet presumably none of that compares to today’s hit, which must have him in a fury that only the purchase of the Mona Lisa can assuage. Read more »

Steven Cohen, the billionaire founder of SAC Capital Advisors LP, hid $5.5 million from his ex-wife during their 1990 divorce, her lawyer argued before a federal appeals panel in seeking to reverse the dismissal of her lawsuit. Howard Foster, a Chicago-based lawyer for Patricia Cohen, said Steven Cohen didn’t include the money, which Foster said he received as part of a settlement over a real-estate dispute, on his 1989 financial statement. Martin Klotz, a lawyer for Steven Cohen, denied his client hid money…In March, U.S. District Richard Holwell in New York dismissed Patricia Cohen’s suit, ruling she took too long to bring the case, which was 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. [Bloomberg]

  • 21 Feb 2012 at 11:57 AM

Ex-Mrs. SAC Capital Isn’t Finished Here

The U.S. Court of Appeals for the Second Circuit will hear oral arguments at 10 a.m. Tuesday in a lawsuit filed by the ex-wife of SAC Capital Advisors founder Steven A. Cohen. Patricia Cohen alleges he hid assets during their divorce proceedings. A lower court dismissed the case in March 2011. [WSJ]