In an affidavit filed by Pion, the financial services firms chief administrative officer and senior managing director also accused Krause and Appel of being behind a series of defamatory memes that were sent to media outlets and the executive management of Cantor Fitzgerald, questioning my ethics, in a blatant effort to cause reputational harm.. It's a teardown. Prior to Barclays, Mr. Bandelier was Head of TMT Cash Equity Trading, at Morgan Stanley, and Head of Cash Equity Trading & Risk at Nomura, where he grew the business from 67th to 10th in market share in less than one year. Perhaps most loathsome: my wifes ex-husband and ex-father-in-law were recently contacted by someone asking for dirt on my wife; we believe this was Krause, Appel, or one of their agents, ostensibly so they could try to cause us more embarrassment., Pion added: This is not idle harassment, and we fully intend to seek legal redress of these and other issues in due time.. . In 2017, Mr. Lutnick was honored by the UJA-Federation with the Gustave L. Levy Award for his generosity and commitment to philanthropy. qatar to toronto flight status. Paul M Pion, 56 - New York, NY - Has Court or Arrest Records - MyLife.com 'I don't have a city apartment. of 0 shares. Cantor Fitzgerald Income Trust launched in March 2017 and invests in stabilized commercial real-estate and debt secured by commercial real estate located primarily in the United States. Now She Hopes to Save Others First Comes the Pandemic Divorce, Then the Tits Out Summer After the BBC Apology, How Should We Think About That Bombshell Princess Diana Interview? A Shipwreck, a Montauk Mystery, and the Class Divide That Still Defines the Hamptons The High Stakes of William and Kates Scotland Visit The Best Swimsuits, Just in Time for Summer From the Archive: Queen Elizabeths Most Loyal Subjects. Howard W. Lutnick is Chairman & CEO of Cantor Fitzgerald L.P., one of the worlds leading financial services firms, and Chairman & CEO of BGC Partners Inc., a leading global brokerage and financial technology company. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Cantor Fitzgerald exec accused of squatting at $10K-a-month Hamptons rental claims he and his wife have been harassed and humiliated by homeowner and prospective buyer. Cantor's "ultra-wealthy" chief administration officer Paul Pion and his wife, Stephanie, shelled out $10,000 a month for the past two years to rent the $5 million property in exclusive Water. of 0 shares. That's for them to work out. To revist this article, visit My Profile, then View saved stories. no insider transaction in AEye Inc (LIDR). There were piles of clothes everywhere in everywhere room all over the floor., This was a $5 million house not a little Cape Cod. Mr. Merkel graduated with a B.A. Everything she said is a lie, he said about Stephanie Pion. Howard W. Lutnick, Chairman & CEO, leads Cantor Fitzgerald's highly experienced and respected management team, which continues to keep Cantor at the forefront of the global financial arena through a focus on unparalleled customer service and innovation. Based on ownership reports from SEC filings, as the reporting owner, Paul Pion owns 6 companies in total, including , Last month, the state legislature extended through Aug. 31 a moratorium on the eviction of tenants who claim a financial or medical hardship caused by the COVID-19 crisis. . Additionally, since 2011, Mr. Pion has served as Chief Executive Officer of Tower Bridge International Services LP, responsible for the back-office functions for all Cantor UK-based businesses. GuruFocus.com is not operated by a broker or a dealer. 0; Ms. Pennay holds a B.A. I'm not a billionaire, or whatever they make me out to be. During the past 18 months, 173,369 shares of AEye Inc (LIDR) were sold and 28,864 shares were bought by its insiders, resulting in a net Griffin has more than 40 years of experience in the commercial real estate sector and financial services industry. Cantor Fitzgerald Income Trust Inc. and Rodin Income Trust Inc., two publicly registered non-traded real estate investment trusts sponsored by Cantor Fitzgerald, reported that Paul Pion has resigned as chief financial officer, treasurer, and director of both companies. Paul Pion is a Cantor Fitzgerald exec accused of exploiting pandemic-related protections. And more! Pion also resigned as CFO and treasurer of each REITs respective advisor. Cantors ultra-wealthy chief administration officer Paul Pion and his wife, Stephanie, shelled out $10,000 a month for the past two years to rent the $5 million property in exclusive Water Mill, according to papers filed in Suffolk County Supreme Court. ', 'I don't understand, they have money,' the insider told theNew York Post. 10 percent owner Cantor Fitzgerald, L. P. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. and Paul Pion, and his wife, Stephanie, alleged in court papers filed Wednesday that Damian Krause and owner-to-be Aaron Appel had conspired to paint his family as 'squatters' at the Hamptons mansion. Mr. Lutnick and his wife Allison have four children. I gave them the option to buy the house. He also filed documents seeking dismissal of Krause's lawsuit, alleging he was never properly told his lease wouldnt be renewed. Pion also claimed in the affidavit that his family has had its privacy invaded through a harassment campaign allegedly orchestrated by Appel, possibly through a private investigations firm he owns.. sale Shawn Cohen In The Hamptons For Dailymail.Com. In summary, during the past 3 months, insiders sold 0 shares of CF Finance Acquisition Corp II (CFIIU) in total and bought 0 shares, with a net An appraiser who was eventually let into the house also allegedly described the place as a 'mess' and said 'the occupant was crazy.'. Magna Cum Laude from the University of Pennsylvania and received his law degree from the University of Michigan School of Law. Undated photos of the Bauhaus-inspired homes interior obtained by the Mail show it neat and clean, but with different furniture and decorations than seen in a current listing on the Corcoran website. Paul Pion is the director & Chief Financial Officer of AEye Inc. The Pions are not the first renters accused of abusing those protections to squat in luxury East End properties. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The COVID-19 pandemic has no bearing here since defendants have suffered no financial hardship from it, the lawsuit continued, noting that the couple has another residence in Manhattan. 0; By signing up you agree to our User Agreement and Privacy Policy & Cookie Statement. Cantor Fitzgerald exec accused of squatting in Southampton home 10 "Paul Pion" profiles | LinkedIn Cantor Fitzgerald Exec Paul Pion and Girlfriend Won't Leave Hampton Every View installation also includes a smart building platform that consists of power, network, and communication infrastructure. 'Realizing now that they didn't give proper notice, the owner is scrambling to blame someone and the purchaser is using bully tactics to force their hand,' the Pion family associate said. Thats for them to work out.. CF Acquisition Corp IV (CFIVU)'s detailed insider trading history can be found in Insider Trading Tracker table. In summary, during the past 3 months, insiders sold 0 shares of CF Acquisition Corp IV (CFIVU) in total and bought 0 shares, with a net Prior to joining Cantor, Mr. Pion served for approximately 14 years with the accounting firm Deloitte & Touche, most recently as an Audit and Assurance partner focusing on financial services clients. Click here to see the complete history of Paul Pions form 4 insider trades. Head of all personal in US Cash and built business from ground up. Inside NYC's charming Villa Charlotte Bront, where units rarely list, Inside Sofia Richie and Elliot Grainge's $26.9M newlywed mansion, Secluded North Carolina home with its own private beach that went viral lists for sale, Tom Sandoval defends lying to Ariana about Raquel sleeping over pre-Scandoval, Karl Lagerfelds best red carpet moments for Chanel, Gisele Bndchen will attend Met Gala 2023 solo after Tom Brady divorce, Khristina Williams previews the New York Liberty's 2023 WNBA season, Perez Hilton: 'Boring' Meghan and Harry need to 'give up and move' back to UK, Woman has 'loud, full body orgasm' in the middle of LA concert. Rodin Income Trust launched in June 2018 and focuses on originating mortgage and mezzanine loans secured mainly by commercial real estate located primarily in the U.S., United Kingdom, and other European Countries. But the lawsuit argues that the ban on evictions 'has no bearing here since defendants have suffered no financial hardship from it. of 0 shares. , director & 10 percent owner & Chief Executive Officer Howard W Lutnick sale The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. of 0 shares. a net The home has now gone to contract for sale with a buyer (the Buyer) for a sale price of $4,970,000.00 scheduled to close on June 15, 2021 which is now in jeopardy, the suit says. Paul Pion told The Post by phone Tuesday that the suits claims are completely false.. Other responsibilities include business continuity planning, facilities and insurance. We've received your submission. Is there any chance this could lead to prison time? There is property damage caused due to unauthorized alterations, misuse and overuse of the household systems and lack of routine maintenance, the suit claims. Other key executives at CF Finance Acquisition Corp II include director & 10 percent owner & Chief Executive Officer Howard W Lutnick , 10 percent owner Cantor Fitzgerald, L. P. , and 10 percent owner Cf Group Management Inc . Other responsibilities include business continuity planning, facilities and insurance. The prospective buyer, commercial real estate banker Aaron Appel, told the Mail, This is not my fight.. that the house looked likean episode of Hoarders,referring to the TV series that documents people who fill their homes from floor to ceiling with trash and belongings. By clicking on "Accept All Cookies", you agree to the storing of cookies on your device to analyze general website usage, enhance the navigation, and/or assist in website marketing and other efforts. Paul Pion is the director & Chief Financial Officer of CF Finance Acquisition Corp II. Other key executives at CF Acquisition Corp IV include Sage Kelly is a Senior Managing Director and Head of Investment Banking at Cantor Fitzgerald. Pascal Bandelier - SMD Global Head of Equities - Cantor - LinkedIn In addition to a secret video of the home where my wife and children live being leaked on the internet, within days of this filing, my wifes personal cell phone number and email address was subscribed to dozens, if not hundreds, of spam advertisement lists and newsletters (causing her to receive hundreds of unsolicited texts and emails), and numerous doctors appointments were made in her name, forcing us to change her cell phone number, he stated in the court filing. Bjorn Ulvaeus is a Swedish songwriter, composer, and producer who is most famous for being one of the original founding members of the ABBA. That's probably why I'm in this position. During the past 18 months, 0 shares of CF Acquisition Corp IV (CFIVU) were sold and 0 shares were bought by its insiders, resulting in a net what happened to brian piccolo's wife and daughters It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. sale Cantor Fitzgerald's Chief Administration Officer Paul Pion and his girlfriend have been living in a Hamptons house for two years and, despite their lease ending last month, they refuse to. Other recent insider transactions involving AEye Inc (LIDR) include Prior to that position, Mr. Kaplan was the General Counsel for Socit Gnrale for the Americas, leading its Legal and Compliance departments. 0; Stephen Merkel is Executive Managing Director, General Counsel and Secretary of Cantor Fitzgerald, L.P. But the COVID-19 pandemic has no bearing here since defendants have suffered no financial hardship from it, the lawsuit says, adding that the pair has a Manhattan pad they can always use. In court papers filed Wednesday, Paul Pion alleged that property owner Damian Krause and prospective purchaser Aaron Appel schemed to portray his family as squatters and hoarders in a suit filed last month in Suffolk County Supreme Court that seeks their immediate removal from the four-bedroom house in Water Mill. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Over the past 18 months, Cantor Fitzgerald executive and his wife refuse to leave Hamptons 'The owner filed a lawsuit but can't evict them because of COVID. Other recent insider transactions involving View Inc (VIEW) include a net paul pion cantor net worth. director & 10 percent owner & Chief Executive Officer Howard W Lutnick CF Finance Acquisition Corp II is a blank check company. But Stephanie, 39, has insisted 'there's no truth' to the allegations, claiming she's just trying to care for her two children, ages six and 11, while they search for a new place to live. Paul Pion is the director & Chief Financial Officer of CF Finance Acquisition Corp II. Senior Managing Director, Head of Human Resources & Partnership. Other key executives at CF Finance Acquisition Corp include But I'm a normal person. I dont understand. Cantor Fitzgerald exec and wife refuse to leave Hamptons rental. Paul M. Pion has served as Chief Administrative Officer and Senior Managing Director of Cantor Fitzgerald & Co. ("Cantor") since August 2010. 10 percent owner Softbank Vision Fund (aiv M1) L.p. Mr. Kelly also spent three years working in the biotechnology industry for the Genetics Institute, where his work and findings were published in Biotech Monthly. According to the suit, Defendants are conducting themselves in a bad faith, dishonest and manipulative way to exploit the COVID-19 pandemic and the mass confusion and gridlock in the lower courts in an effort to, among other things, block the impending sale of the Premises.. Mr. Pion holds Series 7 and 27 licenses and is a Certified Public Accountant in the State of New York. paul pion cantor net worth. CF Finance Acquisition Corp is a blank check company. from Columbia University Law School. Tearful Hamptons 'squatter' says, 'I need to find a place': report View Inc (VIEW)'s detailed insider trading history can be found in Insider Trading Tracker table. But the owner says their lease expired on 31 . a net , I dont have a city apartment. , purchase from Pennsylvania State University with High Distinction honors and a J.D. The rental home in the Hamptons that Cantor Fitzgerald executive Paul Pion is accused of squatting in. The owner filed a lawsuit but cant evict them because of COVID. Pion filed court documents alleging owner Damian Krause and prospective buyer Aaron Appel falsely painted him as a squatter in the press and sent a series of defamatory memes to media outlets and the executive management of Cantor Fitzgerald, questioning my ethics, in a blatant effort to cause reputational harm. In a lawsuit, Pion was accused of exploiting New Yorks eviction moratorium, and being an intolerable nuisance who left the house looking like an episode of Hoarders in an attempt to ward off potential buyers. In summary, during the past 3 months, insiders sold 0 shares of AEye Inc (LIDR) in total and bought 0 shares, with a net Prior to joining Cantor Fitzgerald & Co., Mr. Buccola was the Head of Securitized Products Trading at Credit Suisse Group AG. In his affidavit, Paul Pion said the video was taken when my wife was literally in the middle of packing bags for herself, and our two young children, for a trip to visit me when I was working abroad during the holidays; indeed, our luggage can be seen in the video.. The measure now offers such tenants protection from eviction through Aug. 31. He also was the recipient of the 2016 Lifetime Achievement Award at Haverford. Distraught wife of wealthy Cantor Fitzgerald exec denies squatting Taking into account various assets, Paul's net worth is greater than $1 - $4,999; and makes between $150 - 174,999 a year. Click here to visit The DI Wire directory sponsor page. Get the latest chatter, from Kensington Palace and beyond, straight to your inbox. Head of US cash risk Director Lehman Brothers Jun 2001 - Sep 20087 years 4 months Education Northwestern University Bachelor's. The owner has to deliver vacant possession of the house. Earlier this week a source told the New York Postthat the house looked likean episode of Hoarders,referring to the TV series that documents people who fill their homes from floor to ceiling with trash and belongings. Appel, a commercial real estate banker, said only, I have no comment. Prior to joining Cantor, Ms. Laureano-Rikardsen held various senior communications and marketing roles at financial services firms, including CRT Capital Group, Credit Suisse and Dresdner Kleinwort Wasserstein. The suit also claims that a broker recently found that the house was a mess, and the occupant was crazy.. of 125,654 shares made by Blair Lacorte , The company's software-definable 4Sight Intelligent Sensing Platform combines solid-state active lidar, an optionally fused low-light HD camera, and integrated deterministic artificial intelligence to capture more intelligent information with less data, enabling faster, more accurate, and more reliable perception of the surroundings. Mr. Pion has been a director of Tower Bridge GP Limited since November 2010, BGC European GP Limited since January 2012 and was a director of BGC Brokers GP Limited from April 2012 until December 2019. Mr. Lutnick guided the rebuilding of Cantor Fitzgerald following the devastating September 11, 2001, World Trade Center attacks that claimed the lives of 658 of the firms 960 New York-based employees. ', The comments below have not been moderated, By director & Chief Executive Officer Matthew Fisch All rights reserved. Treasurer & CFO Tierney Conor B Cantor Fitzgerald, +2 more State University of New York at Albany Executive Managing Director, General Counsel. Lawsuit claims exec and his wife are abusing eviction ban to stay in $10K/month rental, Paul Pion and the $5 million house (Corcoran, Cantor). Mr. Bisgay is a seasoned veteran with over 30 years of experience in the securities and financial services industry. 'I'm the total opposite of what they say,' she said. 10 percent owner Glazer Capital, Llc I've been trying to leave. Prior to joining Cantor Fitzgerald, Mr. Jones served as a senior executive, general counsel, and board member with many public and private companies in various industries, including hospitality & gaming, healthcare services, telecommunications, technology & manufacturing. Cantor Fitzgerald exec denies squatting at $5million Hamptons rental Pion joined the Cantor REITs in December 2019 following the resignation of Steven Bisgay. Water Mill mansion at the center of lawsuit - Newsday The band ABBA is known for being one of the most popular bands of all time. Mr. Kelly has over 20 years of experience in investment banking, most recently serving as the Head of Healthcare Investment Banking at Jefferies from 2009 to 2015. Other key executives at CF Finance Acquisition Corp II include Paul Pion made In his filing, the owner of the home revealed he found a buyer for the house and expressed concerns that the Pions could jeopardize the $4,970,000 sale, which was scheduled to close on Tuesday. He is also Executive Vice-President, General Counsel and Secretary of BGC Partners, Inc. I have nothing to do with this other than I am closing on a house.. Last month, the New York State Legislature approved an extension of the moratorium for tenants who 'declare a financial or medical hardship' from the pandemic until August 31. That makes sense if you don't have money.'. Additionally, since 2011, Mr. Pion has served as Chief Executive Officer of Tower Bridge International Services LP, responsible for the back-office functions for all Cantor UK-based businesses. Cantor Fitzgerald exec and wife face lawsuit after refusing to leave Pascal Bandelier was the Head of Equity Execution Trading at Barclays, where he was responsible for the trading, sales trading, desk analyst and low-touch electronic businesses during his tenure at Barclays since 2013. Stock quotes provided by InterActive Data. Paul and Stephanie Pion are accused of living like hoarders inside the $5 million mansion in the Hamptons. February 1, 2021 Cantor Fitzgerald Income Trust Inc. and Rodin Income Trust Inc., two publicly registered non-traded real estate investment trusts sponsored by Cantor Fitzgerald, reported that Paul Pion has resigned as chief financial officer, treasurer, and director of both companies. Cantor Fitzgerald exec Paul Pion was last month accused of squatting in a Hamptons mansionbut he now claims the owner is harassing him and embarrassing him in an effort to force him out. Mr. Pion holds Series 7 and 27 licenses and is a Certified Public Accountant in the State of New York. View Smart Windows use artificial intelligence to automatically adjust in response to the sun and increase access to natural light, to improve people's health and experience in buildings, while simultaneously reducing energy consumption to mitigate the effects of climate change. 10 percent owner Paul J Glazer 'The house is a very clean house. Apartment Property. In photos obtained by DailyMail.com, however, the house did not appear to show such signs of damage or clutter. She began her career as an employment lawyer with the law firm of Akin, Gump, Strauss, Hauer & Feld, LLP. 'All I'm asking for is a little more time,' she cried. Last year, as summer faded and the coronavirus pandemic maintained some of its grip over New York, a series of similar reports about Hamptons real estate emerged. Mr. Pion has been a director of Tower Bridge GP Limited since November 2010, BGC European GP Limited since January 2012 and was a director of BGC Brokers GP Limited from April 2012 until December 2019.