{"id":14961,"date":"2010-04-07T07:42:38","date_gmt":"2010-04-07T11:42:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14961"},"modified":"2010-04-07T07:45:32","modified_gmt":"2010-04-07T11:45:32","slug":"cohens-hedge-fund-under-attack","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/04\/2010\/cohens-hedge-fund-under-attack.html","title":{"rendered":"Cohen&#8217;s Hedge Fund Under Attack"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; In an update of a Manhattan Federal Court filing, Patricia Cohen is now claiming her ex husband, Steven A. Cohen, has also defrauded her out of what may be a controlling stake in his $12 billion hedge fund, SAC Capital.<a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/04\/stevecohensac.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-14962\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/04\/stevecohensac-300x228.jpg\" alt=\"\" width=\"197\" height=\"150\" srcset=\"https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/04\/stevecohensac-300x228.jpg 300w, https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/04\/stevecohensac.jpg 420w\" sizes=\"auto, (max-width: 197px) 100vw, 197px\" \/><\/a><\/p>\n<p>The allegations include the speculation that the hedge fund manager was hiding funds during the 1989 divorce. Cohen started the hedge fund in 1992.<\/p>\n<p>Reuters quoted a spokesman for SAC Capital and Steven Cohen, Jonathan Gasthalter: &#8220;These recycled allegations are ridiculous, they are nothing more than a blatant extortion attempt arising from a divorce that was finalized over 20 years ago.&#8221;<\/p>\n<p>Claiming illegal insider trading, the complaint goes after the hedge hedge fund manager&#8217;s brother and some officials. The SEC investigated allegations of insider trading in 1986 but ended the investigation without filing any charges against Cohen.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; In an update of a Manhattan Federal Court filing, Patricia Cohen is now claiming her ex husband, Steven A. Cohen, has also defrauded her out of what may be a controlling stake in his $12 billion [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14961","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14961"}],"version-history":[{"count":4,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14961\/revisions"}],"predecessor-version":[{"id":14964,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14961\/revisions\/14964"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}