Cohen's Ex Gets A New Lawyer

May 15 2013 | 12:23pm ET

Steven Cohen's ex-wife has hired the same lawyer as the Boston Marathon bombing suspect's widow.

Joshua Dratel is set to become Patricia Cohen's fourth lawyer in her racketeering lawsuit against the SAC Capital Advisors founder as soon as today. The hire comes just days after Cohen's last lawyer, Howard Foster, sought permission to withdraw from the case.

Dratel, a Harvard Law School graduate, is a New York trial lawyer with racketeering experience. But he's best-known for his representation of terrorism suspects. Earlier this month, he was hired by Katherine Russell, the widow of Tamerlan Tsarnaev, the Boston suspect killed in a shoot-out with police last month. Russell has not been accused of any wrongdoing.

Patricia Cohen's explosive lawsuit against her ex-husband was reinstated last month. In the racketeering suit, she alleges that Steven Cohen hid $5.5 million from a real-estate settlement during their 1991 divorce, and is seeking $8.5 million in damages. The suit, in which Patricia originally sought a controlling stake in SAC, was dismissed in 2011, but was revived by a federal appeals court in April.

SAC has called the lawsuit little more than an extortion attempt, and Steven Cohen's lawyers are expected to seek its dismissal again.

Patricia Cohen announced plans to hire a new lawyer after the U.S. Second Circuit Court of Appeals restored her case. At the time, Foster was said to have been given the option to remain on the case; he said in Monday's filing that the split was "a mutual decision."


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.