COHEN & COMPANY INC.

(COHN)
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Delayed Nyse  -  05/24 03:41:18 pm EDT
15.53 USD   -1.30%
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Stormy Daniels testifies ex-lawyer Avenatti 'stole from me'

01/27/2022 | 05:47pm EDT

Michael Avenatti "stole from me and lied to me"

That"s what adult film actress Stormy Daniels told jurors in Manhattan federal court Thursday at the criminal trial of her former lawyer.

Daniels - who testified as a witness for the prosecution - said she fired Avenatti in early 2019, one year after retaining him to help her escape her non-disclosure agreement with then-U.S. President Donald Trump..

Avenatti, who is representing himself in the case, cross-examined his former client Thursday..

Asking Daniels about her claims she can "see and speak to dead people" .... He is expected to use Daniels' interest in ghosts to portray her testimony as unreliable.

Prosecutors have said Avenatti forged her signature to embezzle nearly $300,000 from a book contract that was meant for her.

Avenatti has pleaded not guilty to wire fraud and identity theft.

Daniels received $130,000 of hush money from Trump's former personal lawyer, Michael Cohen, to keep quiet before the 2016 presidential election about a sexual liaison she claimed to have once had with Trump, which Trump denies.

Avenatti's work for Daniels, whose real name is Stephanie Clifford, helped propel him to fame in 2018, before a slew of criminal charges the following year ended his law practice.


© Reuters 2022
All news about COHEN & COMPANY INC.
07:19aINSIDER SELL : Palantir Technologies
MT
05/19COHEN & COMPANY INC. : Ex-dividend day for
FA
05/17ELON MUSK : Prominent hedge funds invested in Twitter before Musk unveiled plans
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05/17Israel ramping up gas output, looks to help supply Europe
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05/16INSIDER BUY : Oxford Square Capital
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05/06COHEN & CO INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT..
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05/05Cohen & Co. Swings to Q1 Loss, Revenue Drops; Shares Plunge
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05/05Earnings Flash (COHN) COHEN & COMPANY Reports Q1 Loss $-3.35
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05/05CORRECTION - Cohen & Company Reports First Quarter 2022 Financial Results
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05/05TRANSCRIPT : Cohen & Company Inc., Q1 2022 Earnings Call, May 05, 2022
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Financials (USD)
Sales 2021 139 M - -
Net income 2021 11,3 M - -
Net cash 2021 224 M - -
P/E ratio 2021 1,98x
Yield 2021 3,38%
Capitalization 22,2 M 22,2 M -
EV / Sales 2020 -1,67x
EV / Sales 2021 -1,46x
Nbr of Employees 115
Free-Float 3,74%
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Managers and Directors
Lester R. Brafman Chief Executive Officer
Daniel Gideon Cohen Chairman, President & CEO-European Business
Joseph W. Pooler Chief Financial Officer, Treasurer & Executive VP
G. Steven Dawson Independent Director
Jack Haraburda Independent Director
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