A Greek Orthodox priest who runs a small hedge fund on the side has filed a $100 million libel and defamation suit against Bloomberg LP, along with a reporter and an editor, reports Keith Kelly of the New York Post.
Kelly writes, “Father Emmanuel Lemelson said he was defamed by the story ‘Hedge Fund Priest’s Trades Probed by Wall Street Cop,’ that claimed — wrongly — that he was being investigated for possible stock manipulation. The article was written by Matt Robinson and edited by Jesse Westbrook.
“A Bloomberg spokesman said, ‘We stand by our story.'”
Read more here. Robinson has been with Bloomberg for nearly six years. He covers white-collar crime, focusing on SEC enforcement.
