Jefferies Discloses Facts About Western Alliance and Western Alliance's Loan Solely Against First Brands Receivables

Core Viewpoint - Jefferies Financial Group Inc. has responded to a lawsuit and public statements from Western Alliance Bank regarding loans made against receivables of First Brands, emphasizing the history and nature of these loans [1] Group 1: Company Response - Jefferies' CEO and President issued a letter addressing the lawsuit and statements made by Western Alliance Bank [1] - The letter clarifies that Western Alliance has been providing non-recourse loans to borrowers for over four years, with amounts steadily increasing [1]