Connect with us

Hi, what are you looking for?

Investing

Trump Jr. Embroiled In Racist Email Controversy As Longtime Hunting Buddy Faces 14-Year-Old Legal Battle

Topline

Emails allegedly including a rash of racist comments and exchanged between Donald Trump Jr. and longtime confidant Gentry Beach could come to light as part of a years-long legal battle involving the Trump scion’s friend and his former hedge-fund employer—if a New York judge determines they’re appropriate for the case.

Key Facts

On Thursday, Touradji Capital Management argued before a New York judge that the emails—sent between 2005 and 2008—show former employee Beach exposed the firm to reputational harm and should therefore be part of the public court record in a potential retrial of the case that spans nearly 15 years, the Wall Street Journal first reported.

According to filings, Beach has sought to redact Trump Jr.’s name from the emails, but Touradji, which has been sued for allegedly withholding tens of millions of dollars in Beach’s pay, argues the redaction requests should be denied because New York law states “neither the potential for embarrassment… nor the general desire for privacy” constitute good cause to seal court records.

In one court transcript, Trump Jr. is revealed to have sent an email complaining about a friend “encourag[ing] Mexicans to come to the U.S. and giv[ing] them another excuse to not learn English”—to which Beach replies, “I’m going to park [my son] at the border with a shit pile of ammo”; in another email, Beach allegedly wrote, “Tomorrow night we are having Jews.”

According to WSJ, New York judge Andrea Masley on Thursday said Beach’s embarrassment over the emails, which his lawyers have acknowledged as “highly inappropriate, shameful [and] inexcusable,” doesn’t preclude them from being made public; a written ruling is expected, but the timing is unclear.

Beach’s attorneys and the Trump Organization did not immediately respond to requests for comment; a search of New York court records shows at least 10 requests to seal email documents, with several others at least partially redacted.

Key Background

Arguments over the decade-old emails are only the latest hang up in the Beach case, which has spanned a retrial and now could go to trial for a third time. New York Supreme Court records show the case originating in 2009, when Beach alleged his boss Paul Touradji failed to pay out profits he promised, threatened to “destroy Beach and his family” and stated he would “have Beach killed if he crossed him.” In 2019, a Manhattan jury found Touradji’s hedge fund owed $45.7 million to Beach and another former employee. However, one year later, an appeals court ordered a new trial, determining Touradji was precluded from presenting evidence that could have helped his case. That new trial ended with a split jury earlier this year, setting the stage for another potential retrial.

Tangent

Beach and Trump Jr. became friends while attending the University of Pennsylvania’s Wharton School of Business in the late 1990s and have developed close business ties ever since. According to a May court filing, Beach allegedly told Touradji that his friendship with Trump Jr. gave him “access to attractive investment opportunities.” Beach’s longtime hunting buddy also helped raise millions of dollars for Trump’s 2016 presidential campaign, and the Associated Press reports Trump Jr. has said he invested $200,000 in a dry Texas oil well managed by Beach’s father and an undisclosed amount in mining stock with ties to Beach’s uncle—an investment he reportedly lost.

Offensive Emails Among Businessmen, Donald Trump Jr. Spark Fight in Hedge Fund Case (WSJ)

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

This week’s Fed meeting is extraordinary, and it could shock investors in a way we haven’t seen since 2008. So, I’m doing the weekly...

News

This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...