Judge tosses suit against Biden relatives

October 19, 2009 6:30:52 PM PDT
A New York judge has thrown out a lawsuit against Vice President Joe Biden's youngest son and brother over their 2006 purchase of a hedge fund firm. A Manhattan state Supreme Court judge said in an order Friday that investor Stephane Farouze (fuh-ROOZ') failed to be specific enough about the facts of his claims against Hunter and James Biden.

Farouze's $10 million suit said the Bidens and a third man schemed to gain control of his interest in the investment concern Paradigm Cos. LLC without buying him out. The Bidens' camp said Farouze never really owned the roughly 31 percent share he offered to sell them.

Farouze's lawyer didn't immediately return a call Monday. The Bidens' lawyer, Nicholas Gravante Jr., says they feel vindicated.

Follow Action News on Twitter

Get Action News on your website

Follow Action News on Facebook

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.


Load Comments