Steel Partners LLC Chairman and Chief Executive Officer Warren Lichtenstein sued Andrew Cader, former head of Goldman Sachs Group Inc. (GS)’s Spear, Leeds & Kellogg LP, claiming he helped wrongly inflate child support payments for the mother of Lichtenstein’s 5-year-old daughter. Cader, 54, part owner of the Tampa Bay Rays Major League Baseball team, is in a relationship with the hedge fund chief’s ex-girlfriend, British socialite Annabelle Bond, according to a complaint filed today in Manhattan federal court. Bond is the fourth British woman to climb Mount Everest and daughter of ex- HSBC Holdings Plc (HSBA) Chairman Sir John Bond, the filing stated.Lichtenstein, 47, alleged Bond improperly took their daughter to Hong Kong, where she obtained a court judgment directing him to pay Bond HK$321,667 ($41,428) in monthly child support, school, tutoring, medical, travel and other expenses, which Lichtenstein said is the largest such order ever issued by the court. Lichtenstein claimed that, since 2011, Cader has given Bond $3.5 million in cash and paid $26,000 a month in rent for her home in the Strawberry Hill section of Hong Kong. He alleged that Bond, who isn’t named in the lawsuit, misrepresented the money as loans rather than gifts.
The suit includes claims of conspiracy to commit fraud and a claim of aiding and abetting. Lichtenstein, who is seeking at least $200,000 and attorney’s fees, said he and Bond ended their relationship “amicably” in 2007.