Jefferies(US:JEF) Prnewswire·2025-10-23 14:00Group 1: Jefferies Financial Group Inc. Investigation - Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. regarding potential securities fraud or unlawful business practices by the company and its officers/directors [1] - Jefferies is facing scrutiny following the bankruptcy of First Brands Group, which has raised questions about financial misrepresentations and its reliance on accounts-receivable-backed financing [2] - Jefferies reported that funds managed by its asset-management unit, Point Bonita Capital, are owed approximately $715 million from companies that purchased parts from First Brands [2] Group 2: Stock Price Impact - Following the news of First Brands' bankruptcy, Jefferies' stock price dropped by $4.66 per share, or 7.88%, closing at $54.44 on October 8, 2025 [2] - The subsequent inquiry by the U.S. Department of Justice into First Brands' dealings with creditors led to an additional decline in Jefferies' stock price by $1.43 per share, or 2.63%, closing at $53.01 on October 9, 2025 [2]