Steven Cohen’s Point72 Is Sued Over Use of California Money Manager’s Name

(Reuters) Billionaire Steven A. Cohen’s hedge fund firm was sued on Wednesday by a San Francisco money manager seeking to stop it from using its name on a new investing project. Aperio Group LLC, which said it has more than $25 billion of assets under management, said Cohen’s Point72 Asset Management LP has caused confusion among customers, causing them to believe the two firms are connected.

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