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Jefferies’ Zervos Sued by Wife’s Trainer Over Tryst Gone Bad

That’s all part of a lawsuit filed against David Zervos, Jefferies Financial Group Inc.’s well-known chief market strategist.

Jefferies’ Zervos Sued by Wife’s Trainer Over Tryst Gone Bad
Jefferies Financial Group Inc.’s official logo. (Source: Verified Twitter Handle)

(Bloomberg) -- There’s a personal trainer who says he was wrongly arrested, a globetrotting trip to Mykonos and Marrakech, a divorce threat spurred by Instagram photos, a Greenwich cop accused of shirking his duties and a bank strategist who refused to cut his hair until the Fed cut rates.

That’s all part of a bizarre lawsuit filed against David Zervos, Jefferies Financial Group Inc.’s well-known chief market strategist. A Miami Beach-based personal trainer named Darnell Davis claims he engaged in a three-continent affair with Zervos’s wife, and the couple -- rather than splitting up -- filed false charges of assault and unlawful restraint against him.

Jefferies’ Zervos Sued by Wife’s Trainer Over Tryst Gone Bad

Zervos, who grabbed headlines last month with his live haircut for charity on CNBC after the Federal Reserve trimmed interest rates, faces accusations of libel, false imprisonment and malicious prosecution, according to a compliant filed in July.

It says Zhanna Zervos and Davis spent weeks last year traveling together across the U.S., Greece, Spain, the U.K. and Morocco, where the pair took a sunset camel ride on his birthday. The banker caught wind via social media and threatened to file for divorce, the lawsuit says.

Davis alleges that she falsely claimed he physically forced her to spend his birthday with him, and that her claims were filed with Greenwich Police Department’s Ryan Carino days before they spent a weekend in Miami together. The suit accuses Carino of failing to properly investigate her claims. Davis was arrested in North Carolina in November, but charges against him were dropped, according to the complaint.

Jefferies’ Zervos Sued by Wife’s Trainer Over Tryst Gone Bad

“It’s absolutely bizarre that it’s public, and it’s not the truth,” Zhanna Zervos said about the lawsuit in a phone interview. “I love my husband.”

David Zervos “has not been served with the lawsuit yet,” said Mark Sherman, his Stamford-based lawyer. “David denies any allegation of misconduct. This is a clear and desperate attempted money grab from a personal trainer.”

A Jefferies spokesman had no immediate comment.

“Officer Carino has not been served,” said Lieutenant John Slusarz, a spokesman for the Greenwich police. “So we have no information on the lawsuit.”

Jefferies executives’ marital troubles have spilled into court before. Five years ago, Sage Kelly was the firm’s head of health-care banking when his wife Christina accused him in court filings of bingeing on cocaine with clients and colleagues. After the allegations, Richard Handler, who runs the firm, invited his health-care bankers to take drug tests with him to show that the claims were “pure fabrication.” He said the results came back clean.

Greenwich Time reported on the suit on Monday. The case is Davis v. Zervos et al, 3:19-cv-01117, U.S. District Court, District of Connecticut (New Haven).

To contact the reporters on this story: Hannah Levitt in New York at hlevitt@bloomberg.net;Max Abelson in New York at mabelson@bloomberg.net

To contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Daniel Taub

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