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Aaron Cowen, who sued Soros for nearly $20
million last year, claimed in the lawsuit he was fired without
cause and denied the performance and management fees due to him.
Cowen also said Soros' refusal to pay his dues and provide his
track record had hampered his ability to raise capital to start
a new fund.
State Supreme Court Justice Shirley Kornreich said in the ruling
that "a substantial portion of the complaint is devoted to
legally irrelevant facts", such as Cowen's oral discussions
which have "no legal significance".
The judge also said Cowen could be "terminated at any time",
under the terms of his employment agreement and that upon
termination he received the dues he was entitled to.
Cowen was employed by Soros Fund Management from November 2010
through July 2011, according to the lawsuit.
The case is Aaron Cowen v Soros Fund Management, New York State
Supreme Court (Manhattan), No. 652055/2014.
(Reporting by Rama Venkat Raman in Bengaluru; Editing by Anupama
Dwivedi)
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