The Manhattan U.S. Attorney's Office had hit the frisky financier — who was ordered to pay $5.6 million after losing a sexual harassment and defamation lawsuit — with charges in September 2015 alleging he took part in a massive international stock manipulation scheme.
But Manhattan Federal Judge Alison Nathan decided on June 13 that evidence seized from a search of the New York Global Group CEO's home and offices couldn't be used by prosecutors.
"This ordeal devastated our employees and our families, has done irreparable harm to our lives and closed our prospering businesses," the randy moneyman's statement also said.
One of Wey's lawyers, Haynes and Boone partner David Siegal, said the decision to Drop the case came “in light of the significant constitutional violations” described by the judge.
"This case should serve as a powerful reminder for years to come that the government must adhere to fundamental safeguards of our privacy and liberty when conducting searches," Siegal said in a statement.
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