SAC Says Cohen’s Ex-Wife Met With Fairfax

[Alekbaylee]

Cohen counter-attack... maybe in desperation...

 

http://www.bloomberg.com/news/2011-05-13/sac-says-cohen-s-ex-wife-met-with-fairfax.html

[tooskinneejs]

On the surface, I can't see how a meeting between Cohen's ex and Fairfax would have anything to do with the merits of Fairfax's claim that SAC tried to manipulate Fairfax shares by spreading false information.

[cwericb]

IF this was true, so what? What relevance would such a meeting have to the Fairfax suit?  And furthermore, that supposed meeting occurred long after the events that are the basis of Fairfax suit took place and would be irrelevant, which is probably why this was thrown out.

 

SAC & Cohen's lawyers are doing everything they can to delay the Fairfax suit and this is just part of that sideshow. No doubt it was no surprise to them that this was thrown out, but now they get to waste more time and money by appealing this decision. It will be a long, long time before we see a resolution to Fairfax's suit, but the fact that SAC are using tactics like this clearly indicate that they know what the end result will be. If they had any hope of winning it would be in their best interests to have this resolved quickly, so their only defense is to delay, delay and delay. Even when a decision is reached it will be appealed.

 

 

 

[biaggio]

maybe she had evidence of the racqueteering i.e maybe she knew something that she wanted to give to Fairfax to hurt her spouse.

[cwericb]

"maybe she had evidence of the racqueteering i.e maybe she knew something that she wanted to give to Fairfax to hurt her spouse."

 

If she had such evidence, then it would seem that she had every right to present it to Fairfax or in fact, to the appropriate authorities if she wished. Furthermore, if she had evidence of Cohen's wrongoing, then you would think that Cohen's lawyers would want to supress that evidence, not expose it.