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Case file s421 · Divorce and feuds · 2009
2009
Steve Cohen (businessman): Steve baseball 4 (1) (cropped)
Steve Cohen (businessman). Michael Seib. CC BY-SA 4.0, Wikimedia Commons.
Died
living; case filed December 2009
Place
New York · United States
Field
hedge funds, SAC Capital
Legal tradition
US federal law (RICO); New York law · Common law
Historical event
SAC Capital insider-trading investigation
Religion
Steve Cohen (businessman): Jewish (recorded as 20th-century American Jews, 21st-century American Jews, Jewish American baseball people on Wikipedia)

Steve Cohen's first wife sued him 19 years after their divorce, alleging he hid $5.5 million, and an appeals court revived the case

Steven Cohen married Patricia Finke in 1979, and they divorced in 1990. Cohen went on to found SAC Capital and become a billionaire. In December 2009 Patricia Cohen sued him and his brother Donald under the federal racketeering law, alleging that during 1989 separation negotiations he concealed $5.5 million and that he profited from insider trading. On March 30, 2011 the federal court in Manhattan dismissed the case. On April 3, 2013 the Second Circuit revived it in part. Judge Pierre Leval, for a three-judge panel, called her allegation of concealed money "plausible" and reinstated the fraud, racketeering and fiduciary-duty claims, while upholding dismissal of unjust enrichment. The ruling came as federal prosecutors were arresting SAC employees. SAC pleaded guilty to insider trading in November 2013†. The final outcome of Patricia Cohen's suit is not confirmed here†. Cohen bought the New York Mets in 2020†. The couple had two children.

What the law took from it

A spouse who later finds assets hidden in a divorce can reopen it years afterward.

Cite as: celebrity.estate, “Steve Cohen's first wife sued him 19 years after their divorce, alleging he hid $5.5 million, and an appeals court revived the case,” story s421, https://www.celebrity.estate/steve-cohen-2009, updated 30 October 2026.

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