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Wall Street Honcho Decks Teenager at Chef-Studded Hamptons Event

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Knuckle sandwich served at Ribs for Kids

Michael Loeb’s house
Michael Loeb’s house at 1610 Meadow Lane in Southampton
Melissa McCart is the editor for Eater New York.

A Wall Street hothead decked a teen and broke his nose at the Ribs for Kids event last Saturday at his home in Southampton. It was a chef-packed gathering that Jonathan Waxman hosted, with twenty New York chefs in attendance, including Marco Canora, Harold Moore, Floyd Cardoz, and Alex Guarnaschelli.

Michael Loeb, a private equity investor who owns the mansion featured in Showtime’s “Billions” — the one that he listed as a July rental for $275K — decked Avery Arjang, 18, after the friend he brought got drunk, allegedly throwing up and wetting himself, before passing out in Loeb’s garage, reports Page Six. Arjang allegedly had been friendly with one of Loeb’s sons for a decade.

According to Arjang, Loeb’s wife called an ambulance for the drunk person, followed by Loeb commanding Arjang to call his parents. While he was on his phone, Loeb sucker-punched him in the face and broke his nose:

Arjang said Loeb then ranted, “ ‘I’m going to f–king kick your ass’ or something like that and charged at the teen, who ran after the ambulance and hopped on the back at the end of the driveway, with Loeb in hot pursuit.

The police apparently suggest to Arjang — who just graduated from The Birch Wathen Lenox School and is going to University of Colorado in the fall “to study aerospace engineering” — that he should press charges, which he has done.

His lawyer, Michael Griffith is promising “a major lawsuit,” according to Page Six. “If Michael Loeb gave my client a bloody nose, when we get to court we’re going to give him a bloody nose,” Griffith told the Post.

Loeb — who Page Six calls “a pint-sized big shot” — “scowled” for the camera following his arrest Saturday night. He is scheduled for arraignment on Aug. 8.