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JEF ALERT: Kaplan Fox is Investigating Jefferies Financial Group Inc. (JEF) for Potential Securities Law Violations
Kaplan Fox & Kilsheimer LLP is investigating Jefferies Financial Group Inc. (JEF) for potential securities law violations following reports from The Financial Times. The investigation stems from Jefferies’ relationship with collapsed car parts company First Brands, including its role in invoice financing and advising the company. Jefferies’ stock prices fell significantly after reports surfaced about its exposure to First Brands invoices, an SEC investigation, and a $30 million loss related to the company’s collapse.