JEF INVESTORS: Jefferies Financial Group Inc. Investors are Notified to Contact BFA Law about its Ongoing Investigation after SEC Probe into Point Bonita Disclosures

Core Viewpoint - Jefferies Financial Group Inc. and its trade finance arm, Point Bonita Capital, are under investigation for potential violations of federal securities laws following a probe by the SEC related to their exposure to First Brands Group, which filed for bankruptcy in September 2025 [1][5]. Group 1: Investigation Details - The SEC is investigating whether Jefferies provided adequate information to investors regarding their exposure to the auto business, which had $12 billion in debt at the time of bankruptcy [5]. - Bleichmar Fonti & Auld LLP is conducting an investigation into whether Jefferies and Point Bonita made materially false and misleading statements to investors concerning their significant exposure to First Brands [6]. Group 2: Financial Impact - On October 8, 2025, Jefferies disclosed approximately $715 million in exposure to First Brands' receivables, which constituted about 25% of Point Bonita's trade finance portfolio [4]. - Following this announcement, Jefferies' stock price dropped by $4.66 per share, or approximately 8%, from $59.10 on October 7, 2025, to $54.44 on October 8, 2025 [4]. Group 3: Company Background - Jefferies is an investment banking and capital markets firm, with Point Bonita Capital serving as its trade finance arm [3]. - Both Jefferies and Point Bonita were closely associated with First Brands Group, an auto parts supplier that went bankrupt [3].