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JEF SHAREHOLDER ALERT: Jefferies Financial Group, Inc. Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations

GlobeNewswire Inc.·
JEF SHAREHOLDER ALERT: Jefferies Financial Group, Inc. Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations

Kirby McInerney LLP is investigating Jefferies Financial Group for potential securities law violations related to alleged misleading disclosures about the company's exposure to First Brands Group, a bankrupt auto-parts supplier, through its asset-management unit Point Bonita Capital. The SEC is reportedly investigating claims that Jefferies misled investors, with Point Bonita funds owed approximately $715 million from companies that purchased First Brands' parts. Jefferies disclosed a $30 million loss tied to First Brands' collapse, and the stock declined 9% on the news.

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