Jefferies’ Series of Bad Bets Has Firm Facing Lawsuits, Judgment Questions

From phantom water machines to faked invoices, a trail of corporate wreckage is pushing Jefferies Financial Group Inc.’s hard-charging ways into public view as firms fight to recoup their lost...

By Rachel Graf, Carmen Arroyo · Bloomberg Markets

From phantom water machines to faked invoices, a trail of corporate wreckage is pushing Jefferies Financial Group Inc.’s hard-charging ways into public view as firms fight to recoup their lost millions.