Charlotte Divorce Lawyer Blog
Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question “Can I get the judge to order my spouse to pay my attorney’s fees in a property division case?”
Twenty-five year marriage? Try a twenty-five year divorce.
Wall Street billionaire Steve Cohen is fending off claims from his Manhattan book editor ex-wife, Patricia, who sued the former SAC Capital Advisors, LP honcho in 2009, alleging he misled her about a supposedly failing real estate deal and cheated her out of $2.75 million.
The Cohens married in 1979, but the stress of Mr. Cohen’s Wall Street job put the marriage on the rocks. The couple divorced in 1990, when—according to Bloomberg News—Mr. Cohen was “barely worth eight figures.”
He is worth much more now. Since Mrs. Cohen filed her suit in 2009, Mr. Cohen’s net worth has doubled to an estimated $11.1 billion.
Aside from his ex-wife, Mr. Cohen and his company—now called Point72 Asset Management LP—have spent six years fending off insider-trading charges and corruption investigations. In 2013, Manhattan United States Attorney Preet Bharara called Cohen’s company a “magnet for market cheaters.”