Billionaire Marc Lasry claims in a new lawsuit that a former employee is trying to extort him for $50 million. Here are the most eye-catching excerpts.

Billionaire Marc Lasry and his firm, Avenue Capital, filed a lawsuit against a former employee, Gina Strum, accusing her of extortion and malicious intent to harm their reputation. Strum's lawyer denies the claims as fabricated and retaliatory.