NEW YORK (AP) — A lawsuit accusing multibillionaire hedge fund founder Steven A. Cohen of hiding assets in a 1990 divorce was reinstated Wednesday — the latest chapter in a long-running legal battle with his ex-wife.
A district court judge in Manhattan had thrown out Patricia Cohen’s suit in 2011, saying its fraud allegations were too old and unsubstantiated to go forward. Her husband’s lawyers had accused her of filing it merely to “to harass and generate media attention against Mr. Cohen” nearly 20 years after the couple split amid his rise to one of the richest men in America.
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