No End In Sight For Decade-Long Divorce Case

STAMFORD, Conn. (AP) — One of Connecticut’s longest running legal cases is showing no signs of nearing a final resolution after 10 years and nearly 600 motions and rulings.

Karen Kaiser, of Southbury, filed for divorce from David Zilkha in Stamford Superior Court in 2003 in a case that helped bring down a multibillion-dollar hedge fund.

A judge granted them a divorce in 2005, but the case continued with disputes over child visitation and legal fees. More court hearings are set for the next two months.

Evidence from the divorce case led federal regulators to reopen an insider trading probe against Westport-based Pequot Capital Management in 2009. The firm and its founder ended up paying $28 million to settle the allegations, and the company shut down amid the probe.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)


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