Patricia Cohen Caves

It was less than a month ago that billionaire hedge fund manager (and occasional talk show guest) Steve Cohen was slapped with a lawsuit by his first wife, Patricia Cohen, claiming Stevie had hid millions of dollars from her when the couple split up (not to mention engaged in insider trading, set up a racketeering scheme with his brother, and committed mail and wire fraud).

Sadly, the world won't get a chance to see if Patricia's case had any merit. She "abruptly" dropped the suit today after it became clear in recent days that Stevie "would wage a tough fight."

She's reserved the right to refile the suit at a later date, though, so here's hoping someone comes along and gets her to change her mind.

Lawsuit by Cohen's Ex-Wife Is Dropped [NYT]