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Court: Merkin must pay

Fallen hedge-fund honcho Ezra Merkin appears to have come to the end of the legal road in his stubborn three-year, $2 million battle against a 71-year-old pediatrician. The doctor, Noel Wiederhorn, of Wyckoff, NJ, may finally get what’s coming to him. A New York appeals court yesterday rejected Merkin’s latest effort to squash a 2010 arbitration ruling ordering him to fork over $1.75 million to Wiederhorn, who invested $1.46 million with Merkin in 2003 and 2004. Wiederhorn sued Merkin alleging the fallen billionaire invested his nest egg with Ponzi king Bernie Madoff without his knowledge. Read New York Post report here.

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