Epstein Secrets

ounting improprieties that had been discovered at DBZ to Mr. Epstein, following the script that had been prepared for the second round of calls. Ms. Hubsher again sat in on the call. Mr. Epstein pressed Mr. Zwim on why he had not disclosed the information during the prior call. As set forth in the scrip

nated as to them. F. DBZ's Discovery of Accounting Improprieties and Response In Spring 2006, Lawrence Cutler, DBZ's Chief Compliance Officer, and David Proshan, DBZ's General Counsel, informed Mr. Zwirn of a potential accounting irregularity relating to DBZ's management fees. They may have also mentioned a

aining liquidity."); Exhibit T at Dep. Tr. 145:7-8 (Lee: "Every investor at each tranche had a two- year lock-up."); Exhibit U at Dep. Tr. 55:17-20 (Hubsher: "The withdrawals generally apply to each tranche as it's invested, and each tranche . .. has its own withdrawal rights based on the subscription d

ounting improprieties were discovered at the Fund. According to the deposition testimony, Lawrence Cutler, the Fund's Chief Compliance Officer, and David Proshan, the Fund's General Counsel, informed Mr. Zwirn of two potential accounting irregularities by June 2006: the early payment of management fees by the

011 5:39:28 PM EST 3) It's possible he was calling to tell you that FTC was sending in a redemption request for $80m? o. At 5:41pm, you told Ms. Hubsher to redo the redemption schedule to adjust each piece for the growth that we created for it? (X-42) p. Why did you need that? q. In any event yo

t with JE? f. That letter was prepared by your assistant GC, Heath Weisberg, who sent it to HB with a copy to GD, yourself, Allyson Alimansky and David Proshan? g. Insofar as you know, FTC had nothing to do with the language that Mr. Weisberg chose to use? 7. As your boss for several years and then a se