Tuesday, 30 September 2014
Last updated 2 hours ago
Aug 12 2011 | 8:25am ET
George Soros' 28-year-old ex-girlfriend has accused the 81-year-old hedge fund billionaire of assaulting her.
Adriana Ferreyr filed suit against Soros in New York state court, alleging that Soros failed to come through on promises to buy her two apartments in New York City valued at a combined $6 million. According to Ferreyr, during an argument about the apartments last year, Soros slapped her while they were in bed and tried to both hit her with a lamp and choke her.
Soros' lawyer, William Zabel, denied the allegations, calling the accusations from the woman who his client had an "on-again, off-again and non-exclusive relationship" with for four years, an effort to "extract money" from Soros, who is worth about $14 billion.
"George Soros did not slap, choke or throw a lamp at her," he said. Zabel said that police investigated Ferreyr's allegations and did not file charges.
Ferreyr, a Brazilian soap opera star, is seeking $50 million in damages for the "deliberate and malicious campaign of extreme and outrageous harassment and intimidation" that included Soros' buying her an apartment on East 85th Street—only to "allow another woman to reside there."
Ferreyr, who said she had already hired a real-estate broker, lawyer and interior designed for the apartment, claims that caused "emotional distress."
"Soros clearly intended, as part of his plan, to purchase the first apartment for himself for the benefit of another 'girlfriend,' al of which he had intentionally concealed from Ferreyr in spit of his promise and the fact that he was aware that Ferreyr had already informed her friends and family that she was moving into her 'dream home.'"
Zabel said he will seek to have the "frivolous" lawsuit dismissed.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...