Tuesday, 28 April 2015
Last updated 2 hours ago
Oct 21 2008 | 10:36am ET
Raoul Felder is not chopped liver, the famed New York divorce lawyer wants AllianceBernstein to know.
Felder has filed a $5 million lawsuit against the money manager, accusing it of misleading him into investing $750,000 in a hedge fund that subsequently lost him $200,000. According to the Duke of Divorce, he wanted a more conservative investment, but that AllianceBernstein pushed him toward the riskier hedge fund that earned it higher fees and commissions.
The firm put its “greed and self-interest” ahead of Felder’s “very simple” instructions, he said.
“It’s like the owner of a restaurant who tell his waiters to push the chopped liver,” Felder told the New York Daily News.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…