Hedge Funds

Lemerond vs. Borat

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SAB Capital analyst Jeffrey Lemerond, who is suing "Borat" creator Sacha Baron Cohen and 20th Century Fox, may have been dealt a setback in his case, because of a legal precedent. In January, an Alabama court threw out a case made by etiquette teacher Kathie Martin, who claimed that she was "duped" and "humiliated" by Cohen. Meanwhile, Lemerond, who is seen running away from Cohen after the film maker attempted to hug Lemerond onscreen, is fighting a similar case in federal court in New York.