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07 Mar 08:43 PM

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What does "he’s out"(5th paragraph) mean?

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(Bloomberg) -- Michael Cohen sued the Trump Organization, claiming the president’s family company stiffed him on millions of dollars in legal fees and costs.

The breach-of-contract suit, filed Thursday, is likely to prolong the bitter feud between President Donald Trump and his former fixer, as Cohen heads to prison in May. Cohen just wrapped up a series of appearances before Congress, where he impugned his former boss as a “racist,” “con man” and “cheat,” and promised to help investigators probing the president’s company.

“The Trump Organization agreed to indemnify Mr. Cohen and to pay attorneys’ fees and costs incurred by Mr. Cohen in connection with various matters arising from Mr. Cohen’s work with and on behalf of the organization,” according to the complaint in state court in Manhattan. “These matters included multiple congressional hearings, Special Counsel Robert S. Mueller III’s investigation and others.”

In addition to recovering millions, the suit could provide Cohen with another avenue to reveal documents he obtained from the Trump Organization. As the case moves forward, Cohen may add emails, contracts and records as exhibits. He may also try to depose senior executives of the Trump Organization, including perhaps the president himself.

Cohen, who has pleaded guilty to nine felonies stemming from a federal probe into campaign violations and other crimes, claims he’s out at least $1.9 million in fees and costs and another $1.9 million in penalties, which the company promised to repay. Trump Organization spokeswoman Amanda Miller didn’t immediately respond to a request for comment.

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