Obituaries

Kaplan rose though the municipal finance department to become one of the first handful of female partners at Goldman Sachs in 1990.

While efforts to recover cash through litigation have repaid nearly 70% of valid claims, hundreds say they have been victimized a second time by that system.

The Wall Street executive founded three companies, including private-equity firm Lightyear Capital.

Known for his “safe and cheap” investing mantra, he distinguished his style from that of Benjamin Graham and David Dodd, the fathers of value investing.