J
ason Ader, CEO of SpringOwl Asset Management, is facing a lawsuit from his 80-year-old mother Pamela over an unpaid $13 million mortgage on their Upper East Side townhouse. The dispute began when Bank of America contacted Pamela about the defaulted loan, which was taken out by Jason without her knowledge or consent. According to the lawsuit, Pamela instructed Jason to address the debt but he claimed he couldn't afford it.

    The situation escalated as Pamela's lawyers drew up a plan to sell the townhouse, but Jason allegedly refused to cooperate. This is not the first time mother and son have been at odds - they were both charged in a fraud case last fall over allegations that Pamela tried to remove herself from her son's hedge fund. The case remains ongoing.

    Ader is also facing other challenges, including accusations of misconduct and potential class-action lawsuits from investors. Additionally, he is embroiled in a divorce battle with his second wife, who claims he has refused to pay child support as agreed.