Ex-Goldman Banker Ng Sues Leissner Over $130 Million Stake (1)

Months after former Goldman Sachs Group Inc. banker Roger Ng was convicted for his role in the 1MDB scandal, he’s suing his ex-boss and co-conspirator Tim Leissner for allegedly cheating him out of a fitness-drink investment he says is now worth $130 million.

In a suit filed Friday evening in New York state court, Ng accuses Leissner of cheating him out of a $1.25 million investment in beverage maker Celsius Holdings Inc. he made in 2015 and that has since grown enormously in value. PepsiCo Inc. said in August that it would acquire an 8.5% stake in Celsius for $550 ...