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CoinDesk Oct 17, 2025 at 5:20 PM By Jai Hamid

Jefferies shares tumble as CEO alleges fraud tied to First Brands exposure

Jefferies dropped a bomb in front of its investors. Rich Handler, the bank’s CEO, came out swinging on Thursday, saying loud and clear: “We believe we were defrauded, OK?” That statement hit as the fi

Business|Jefferies|Point Bonita Capital

Jefferies shares tumble as CEO alleges fraud tied to First Brands exposure

Jefferies dropped a bomb in front of its investors. Rich Handler, the bank’s CEO, came out swinging on Thursday, saying loud and clear: “We believe we were defrauded, OK?” That statement hit as the fi

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