Jefferies Demands Weiss Claw Back $30 Million in Bonus Payouts

Jefferies Demands Weiss Claw Back $30 Million in Bonus PayoutsUS Authorities Cite Labor Violations at Volkswagen Mexico PlantProxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to boardUS Presses TikTok, Meta, X to Crack Down on Antisemitic PostsTop Insurer to Leave Colombia’s Public System Amid Petro SqueezeUS Consumer Confidence Rises for First Time in Four MonthsTD Hires Former Barclays Activist Defense Banker Daniel KersteinTesla Settles Another Fatal Crash Suit Ahead...

7%, boosting June rate cut oddsHigh levels of immigration partially offset Canada's aging population: economistUS Presses TikTok, Meta, X to Crack Down on Antisemitic PostsTop Insurer to Leave Colombia’s Public System Amid Petro SqueezePipeline for Acquisition Financing Shrinks, in Boon for CreditAmazon Degradation Soars With Brazil Facing Labor Spat, El NinoEU Nations Discuss Easing Restrictions on Weapons Sent to KyivFirst Polls Since Sunak Called UK Election Show No Clear ChangeMexico...

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Weiss Multi-Strategy Advisers’ Bonuses Spark Fight With JefferiesWeiss 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.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Jefferies Asks Judge to Remove Managers of Weiss Multi-StrategyManagers 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.
Source: BNNBloomberg - 🏆 83. / 50 Read more »