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Platinum Exec Pressed Over Co-Founder's Truthfulness

Law360, New York (May 20, 2019, 8:22 PM EDT) -- An attorney for the co-founder of Platinum Partners on Monday sought to refute the testimony of a former marketing executive turned cooperating witness in the securities fraud trial of Platinum co-founder Mark Nordlicht, citing multiple instances when Nordlicht urged others at the hedge fund manager to tell the truth.

Andrew Kaplan, Platinum’s former chief marketing officer, spent the better part of the day fielding questions from Nordlicht attorney Jose Baez, who sought to counter Kaplan’s prior testimony that Nordlicht misled potential investors about the financial health of Platinum’s main fund while it was struggling to pay back tens of millions of...

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