- Bloomberg
Jefferies Asks Judge to Remove Managers of Weiss Multi-Strategy
(Bloomberg) -- Managers of Weiss Multi-Strategy Advisers are trying to use the company’s bankruptcy case to enrich themselves and should be replaced by a court-approved trustee, Jefferies Financial Group said in a court filing.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountHigh-Te
- Bloomberg
Weiss Multi-Strategy Advisers’ Bonuses Spark Fight With Jefferies
(Bloomberg) -- Weiss Multi-Strategy Advisers LLC paid $28 million in employee bonuses weeks before announcing it would be shutting down, sparking a legal fight with Jefferies Financial Group, which is owed tens of millions of dollars.Most Read from BloombergTesla Axes Most of Supercharger Team in Blow to Other AutomakersHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTraders Expect Biggest Fed-Day Move in S&P Since 2023,
- Barrons.com
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.
CEO Rich Handler said the boat will be a “gift to myself and my family” and that he doesn’t plan to sell any more shares.
