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The widow of a hedge fund executive whose fund lost $50 million in Bernie Madoff's Ponzi scheme is suing his psychiatrist for failing to prevent his suicide.
Annabella Murphy, 42, filed a lawsuit yesterday in Manhattan Supreme Court against NYU Langone Professor Aaron Metrikin, who treated her husband Charles Murphy in the nine months leading up to his death.
Murphy - Hedge - Fund - Fairfield - Greenwich
Murphy, 56, ran a hedge fund at Fairfield Greenwich in New York which had invested around $7 billion into Madoff’s notorious Ponzi scheme before it was discovered in 2008. His clients lost nearly $50 million.
In 2013, Fairfield paid out a settlement of $80 million following a class action lawsuit by its investors.
Murphy - Floors - Luxury - New - York
Father-of-four Murphy jumped from one of the top floors of a luxury New York hotel in March last year.
'It's a sad, unfortunate case,' her lawyer David Jaroslawicz told The New York Post. 'He certainly shouldn't have been in a non-institutionalized environment.'
Suit - Suicide - Hotel - Dr - Metrikin
The suit says he previously talked of committing suicide by jumping from that same hotel, and that Dr. Metrikin failed to refer Murphy to specialist, which - it says - could have saved his life.
In the months before his death, Murphy - who was working at billionaire John Paulson's hedge fund Paulson & Co. - had been taking antidepressants.
He also appeared to have been making arrangements for after...
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