The Case Against Leon Cooperman

December 05, 2016   Michelle Celarier

The Wall Street legend has promised to fight to clear his name. But the SEC has a pretty compelling case, lawyers say.

By July 2010, Leon Cooperman was having a bad year. The flagship hedge fund of Omega Advisors, his then-19-year-old firm, was down almost 5 percent through June — a decline that threatened the comeback he had been enjoying since the …


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