- 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.
- Fortune
Jefferies CEO promises he’s still ‘extremely bullish’ despite selling $65 million in stock to buy himself a luxury yacht from a client
Jefferies CEO often encourages workers to protect their work-life balance—and he’s just taken a leaf out of his own book by splashing out on a “gift to himself” which he can enjoy off duty with his family.
