Hedge Funder's Family Angered By Hit-And-Run Driver's Sentence

Jan 6 2012 | 9:07am ET

The family of the Angelo Gordon executive killed in a hit-and-run accident 15 months ago expressed outrage that the driver received just 60 days in jail.

According to the lawyer for 26-year-old Naisha Sutton, who pleaded guilty to leaving the scene of an accident, Ronen Katz's family did not seek felony charges. But Katz's family members, who live in Israel, said that prosecutors never told them Sutton would get such a short jail sentence—or that Sutton would be sentenced this week.

"Nobody told us," Katz' mother, Leora, told the New York Post, from which she learned of Sutton's sentencing. "We weren't updated. I find out about the 60 days from the Post. Sixty days for a life? The life of a young person? She will not understand what she did with only 60 days. That's nothing. That is not punishment."

Sutton—driving with only a learner's permit and not a license—struck Katz, 27, who was riding his motorcycle, on West Street in Manhattan in September 2010 as she made an illegal left turn. She got out of the car and asked witnesses to call 911, but then sped off before cops arrived.

Sutton turned herself in three hours later, telling police that her 22-month-old was screaming in the back seat and she "panicked."

"She would have gone to jail for two or three years in Israel," Katz' father, Yirmi, told the Post. "It's a kind of homicide."

"Israel is a different country," he continued. "Much different."

Prosecutors said that Sutton received a lenient sentence because she was neither under the influence nor speeding. She will serve three years probably after her release.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note