Billionaire Barrage: Lee Cooperman Is Stepping Up His Attack Against Bill Ackman

(The Business Insider) Billionaire investor Lee Cooperman is stepping up his attack against fellow billionaire Bill Ackman. In a phone call with Business Insider on Thursday, August 17, Cooperman laid out an argument against Ackman’s attempt to change ADP, charging against what he perceived as Ackman’s misguided attempt to shake up the human resources company. “He’s conducting himself in a very destructive manner,” said Cooperman, the founder of Omega Advisors, a multi-billion New York-based hedge fund.

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