The Globe and Mail reports in its Saturday edition that Steven A. Cohen must again face a lawsuit accusing him and his former firm SAC Capital Advisors of conspiring with others to spread false rumours about Fairfax Financial Holdings to drive down its stock price. A Reuters dispatch to The Globe reports that a three-judge panel of a New Jersey appeals court on Thursday revived conspiracy, disparagement and other claims that had been dismissed in 2011 and 2012 against several defendants in the $8-billion (U.S.) lawsuit filed by Fairfax. It upheld the dismissal of claims against two hedge fund firms, Jim Chanos's Kynikos Associates and Daniel Loeb's Third Point, as well as racketeering claims against all defendants, including Mr. Cohen and SAC. Fairfax claimed it was a victim of a four-year "bear raid" in which hedge funds campaigned to manufacture bogus accounting claims and biased analyst research, and persuaded reporters to write negative stories. Fairfax said this was designed to generate profits from short sales and ultimately "crush" or "kill" the company. Justice Clarkson Fisher said the trial judge was too quick to find no evidence of wrongful intent by SAC.