What Happened
Law Firm Probes Potential Securities Law Violations
The law firm of Robbins Geller Rudman & Dowd LLP has launched an investigation into Jefferies Financial Group, Inc. regarding potential violations of U.S. federal securities laws. The probe focuses on whether Jefferies and its executives made false or misleading statements to investors. The investigation follows reports of accounting questions and bankruptcy filings by auto supplier First Brands, which had dealings with Jefferies. According to Robbins Geller Rudman & Dowd LLP, this investigation was first reported by Unknown Source.