Tuesday, 29 July 2014
Last updated 19 hours ago
Apr 5 2010 | 1:33pm ET
Steven Cohen’s ex-wife says he stiffed her to the tune of millions. Now, her former attorney says Patricia Cohen is little better than the SAC Capital Advisors founder.
Paul Batista has sued Patricia Cohen and her new lawyer, alleging that she has failed to pay for the work he did before being removed from the case in January. Batista filed Patricia Cohen’s complaint against her ex-husband, accusing him of racketeering, before withdrawing the lawsuit—allegedly without Cohen’s authorization—after he was canned.
Patricia Cohen and her new lawyer, Gaytri Kachroo, “have publicly, repeatedly and falsely claimed that plaintiff Batista was ‘discharged’ or ‘terminated’ for ‘case,’” Batista complained in his lawsuit, filed last week in New York state court. Those allegations “are false and are a pretext created by defendants Kachroo and Coehn in an effort to deprive plaintiff of the frees earned and to be earned.”
Batistia is seeking a lien on any judgment Patricia Cohen might win against Steven Cohen, as well as reimbursement for the expenses he incurred during his seven months working on the case.
Kachroo, who has vowed to file an amended complaint against Steven Cohen, dismissed her predecessor’s claims.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…