Judge Approves Motion To Dismiss Suit Against Steven Cohen By His Ex-wife -- CNBC

Steve Cohen Vanity Fair small

Photo: Vanity Fair

A judge just approved a motion to dismiss the lawsuit against SAC Capital mogul Steve Cohen by his ex-wife Patricia, according to CNBC.Patricia filed a “slimmed-down lawsuit” against the hedge fund manager in July last year, which brought fewer charges than an original suit from 2009, as part of their “long-running battle over her claims he hid assets from her when they split,” Reuters said at the time.

Patricia originally claimed Cohen hid $5.5 million in profits he earned in a real estate deal, and then amended her request so that she demanded only half that figure.

The lawsuit still alleged that Cohen ran a racketeering scheme and also pocketed $10 million from insider trading, but took out other accusations made in the earlier complaint, which she filed in December 2009.

The lawsuit is below:

2010-07-29 Exhibit 1 – Second Amended Complaint

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.