George Weiss Hedge Fund in Talks With Jefferies to Settle Suit [Yahoo! Finance]
Jefferies Financial Group Inc. (JEF)
Last jefferies financial group inc. earnings: 10/25 04:42 pm
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Source: Yahoo! Finance
settlement that would resolve litigation related to the collapse of George Weiss' eponymous firm. Most Read from Bloomberg Booming Cambridge Exposes England's Widening Wealth Gap Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Robotaxis Are No Friend of Public Transportation Climate Change Is Killing Buildings in Slow Motion Transportation Policy Gets Left Behind in Presidential Race A Weiss lawyer said in a Wednesday bankruptcy court filing that the firm has engaged in settlement talks that could resolve a lawsuit accusing Jefferies and its affiliate Leucadia Asset Management of using the threat of litigation against its employees to unfairly extract $20 million from the hedge fund before it filed bankruptcy. The lawsuit is part of broader litigation between the firms. Jefferies has sought to claw back about $30 million in bonuses Weiss paid its employees before bankruptcy and sued George Weiss, claiming the hedge fund founder personally guaranteed more th
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JEF
Earnings
- 9/25/24 - Miss
JEF
Sec Filings
- 11/21/24 - Form 424B2
- 11/21/24 - Form 424B2
- 11/21/24 - Form 424B2
- JEF's page on the SEC website