mana

Opponents of billionaire Steve Cohen’s efforts to buy the New York Mets are licking their chops over fresh discrimination complaints filed against his firm, Point72 Asset Management, The Post has learned. Back-to-back complaints by ex-female employees of Cohen’s Stamford, Conn., hedge fund have been filed with Connecticut’s Commission on Human Rights and Opportunities in recent …

Serta Simmons has foiled efforts by Apollo Global Management, which is run by billionaire Leon Black, to stop a controversial debt restructuring in a precedent-setting move that could roil the debt markets. New York State Supreme Court Judge Andrea Masley ruled over the weekend the mattress seller could move forward on a plan to restructure $1.95 billion …

Billionaire Leon Black is going to the mat with America’s largest mattress maker. Black’s Apollo Global Management is suing Serta Simmons over “an unlawful scheme” to lower its $2.4 billion debt stack without the approval of all of its lenders. The alleged scheme, which would give Serta an extra $200 million in cash while also reducing …

Billionaire Leon Black wants to go to the mat with America’s largest mattress maker. Black’s Apollo Global Management — together with investment firms Angelo Gordon and Gamut Capital — is gearing up to sue Serta Simmons over its efforts to lower its $2.4 billion debt stack through a refinancing because it never agreed to the …

Lori Loughlin may wind up serving less time in prison than expected — considering her plea deal was struck amid the coronavirus pandemic, according to a new report. Lawyers pointed to the curious timing of the arrangement, in which Loughlin and her hubby Mossimo Giannulli have agreed to plead guilty to conspiracy charges in exchange …

Billionaire Alibaba founder Jack Ma on on Monday resigned from SoftBank’s board in what is the latest departure by a high-profile ally of CEO Masayoshi Son. SoftBank didn’t give a reason for Ma’s resignation, but it came the same day that SoftBank’s giant Vision Fund reported a staggering $18 billion annual operating loss — the …

Hollywood mogul Jeffrey Katzenberg is under attack from billionaire Paul Singer, whose activist hedge fund has accused his mobile-streaming startup Quibi of patent infringement and theft of trade secrets. Singer’s fund Elliott Management, which manages more than $40 billion in assets, has made a “substantial” investment in rival interactive-video company Eko to fund its litigation …

Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since the 1930s-era Great Depression. The New York-based hedge fund firm, in a letter to clients on Wednesday seen by Reuters, wrote that the sharp market …