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ft.com

SEC probes Jefferies over First Brands

US securities watchdog is questioning what investors were told about exposure to the now-collapsed car parts group

giovedì 27 novembre 2025 New tab

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Jefferies reports new $10mn First Brands loss as it writes off exposure

Investment fund owned by bank provided off-balance sheet financing to collapsed car parts supplier

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US prosecutors probe last-ditch funding pleas before First Brands collapsed

Potential violations of securities, bank and wire fraud laws under scrutiny in failure of car parts maker

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Jefferies says First Brands losses can be absorbed

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First Brands sues founder Patrick James over alleged fraud

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First Brands formally accused of ‘massive fraud’ by lenders

Some creditors want an independent trustee involved in car parts maker’s bankruptcy process

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First Brands debt plunges as worries mount over US car parts group

Loans trade at distressed levels after ‘chaotic’ selling as investors brace for tricky restructuring

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