Leon Cooperman Versus the SEC: The Next Steps

The video discusses Leon Cooperman's ongoing battle with the SEC, highlighting his refusal to let regulators tarnish his legacy. Despite a potential $8 million settlement, Cooperman faces a temporary ban on managing outside client money. The firm has seen a significant asset reduction, with institutional investors withdrawing funds. Cooperman remains determined to fight, focusing on managing partner money and resisting the shift to a family office. The firm must adapt to a smaller asset base, balancing staff retention and investment attractiveness.

How much money has reportedly been withdrawn from the firm during the allegations?

What does Mr. Cooperman plan to do in his battle with the SEC?