April 3, 2013 / 2:01 PM / 5 years ago

RPT-Lawsuit by ex-wife of SAC's Cohen revived on appeal

NEW YORK, April 3 (Reuters) - A U.S. appeals court revived much of a lawsuit against SAC Capital Advisors founder Steven A. Cohen on Wednesday, brought by his ex-wife.

The 2nd U.S. Circuit Court of Appeals in New York said a lower court erred in dismissing fraud-based claims by Patricia Cohen, who sued her ex-husband in 2009.

The appellate court revived claims of racketeering, fraud and breach of fiduciary duty that a trial judge had dismissed in 2011.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below