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News  ›  GlobeNewswire Inc.

JEFFERIES INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Urges Jefferies Stockholders to Contact the Firm Regarding their Rights

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bragar Eagel & Squire, P.C.
JEFFERIES INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Urges Jefferies Stockholders to Contact the Firm Regarding their Rights

Law firm investigating potential securities law violations by Jefferies after First Brands bankruptcy revealed significant financial exposure through a credit fund with questionable receivables.

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MSFT   positive

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JEF   negative

Stock price dropped 7.9% after disclosure of $715 million exposure to First Brands, which filed for bankruptcy amid accounting questions and potential receivables irregularities