Hedge Fund Billionaire Louis Bacon Files $50 Million Defamation Lawsuit Against His Bahamas Neighbor

Hedge fund billionaire Louis Bacon has filed a $50 million defamation suit in New York against his Bahamas vacation home neighbor-Canadian fashion magnate Peter Nygard.  In the complaint, Bacon alleges that Nygard has waged an "obsessive and malicious" smear campaign against him since mid-2010. According to the complaint, Bacon alleges that Nygard spread "brazen lies" that he:  murdered multiple individuals who died under suspicious circumstances, and then covered up those murders from law enf...