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Cohen & Co Is Sued After Took Vitaly Malkin Money For Cannabis Unit Discovery Due Oct 1

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, May 3 – Kevin Rollag has sued Cowen and Company after complaining it accepted investments into is Cannabis group from "Vitaly Malkin, a Russian / Israeli oligarch banned from Canada for 19 years."

Rollag says his bonus was slashed and he was thrown off the cannabis team.

 On March 2, U.S. District Court for the Southern District of New York Judge Ronnie Abrams held a proceeding. Inner City Press covered it. 

 Cohen wants to compel arbitration. It has made filings with redactions in nearly every paragraph, and alleged that Rollag has engaged in defamation. They have been told they could separately sue for that.

On May 3, Judge Abrams held another proceeding and Inner City Press again covered it. Judge Abrams set a deadline for discovery and a next conference: October 1. The Sarbanes-Oxley Act claims are going forward.

The case is Rollag v. Cowen Inc. et al., 20-cv-5138 (Abrams)

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