Indicted Ex-Fund Manager Can Sue Jefferies for Costs, Court Says
An ex-Jefferies Financial Group Inc. hedge fund manager charged with defrauding his former employer can sue the firm to cover his legal defense costs, a New York appellate court ruled.
By Jonathan Randles and Carmen Arroyo · Bloomberg Markets
An ex-Jefferies Financial Group Inc. hedge fund manager charged with defrauding his former employer can sue the firm to cover his legal defense costs, a New York appellate court ruled.