This document is an Amended Statement of Answer submitted by Warren Spector in response to claims made by Financial Trust Company, Inc. and The C.O.U.Q. Foundation, Inc., managed by Jeffrey Epstein, against The Bear Stearns Companies and others. The document argues that Epstein's claims are unfounded and that Spector is not responsible for Epstein's investment losses during the 2007 credit crisis. It details Epstein's investment history with Bear Stearns, the nature of the investments, and the risks involved, asserting that Epstein was a sophisticated investor aware of these risks. The document also outlines legal defenses against claims of breach of fiduciary duty, constructive fraud, negligent misrepresentation, and fraudulent inducement.
documents/EFTA00314490.pdf
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