All New Cases & Investigations

Jefferies Financial Group Inc. Class Action Investigation

U.S. Securities Litigation

Leadership Deadline: Upcoming

Jefferies Investigation Summary

Company Jefferies Financial Group Inc. (NYSE:JEF)
Relevant Securities All Jefferies and Point Bonita Capital Securities
Investigation Overview Securities fraud relating to whether Jefferies or Point Bonita misrepresented their exposure to First Brands Group, LLC
JEF Trigger Event October 8, 2025 – Jefferies announced that it and Point Bonita had approximately $715 million in exposure to First Brands’ receivables
JEF Stock Impact October 8, 2025 – 8% Stock Drop

Jefferies Investigation Overview

BFA is investigating whether Jefferies and/or Point Bonita Capital violated the federal securities laws by making false and misleading statements to investors. Investors may be able to file a class action lawsuit to potentially recover losses.

If you lost money on your Jefferies or Point Bonita investment, you are encouraged to submit your information using the form on this page. You may also email ross@bfalaw.com or call 212.789.3619.

Why are Jefferies and Point Bonita being Investigated for Securities Fraud?

Jefferies Financial Group Inc. and its fund Point Bonita Capital are being investigated for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The stock price decline caused significant losses to investors.

Jefferies is an investment banking and capital markets firm. Its trade finance arm is named Point Bonita Capital. Jefferies and Point Bonita were two of the closest banking and financing partners of First Brands Group, LLC, an auto parts supplier which collapsed into bankruptcy in September 2025.

On October 8, 2025, Jefferies announced that it and Point Bonita had approximately $715 million in exposure to First Brands’ receivables, which represents roughly 25% of Point Bonita’s trade finance portfolio. On this news, the price of Jefferies stock dropped $4.66 per share, or about 8%, from $59.10 per share on October 7, 2025, to $54.44 per share on October 8, 2025. Investors are reportedly currently seeking redemptions from Point Bonita as well.

On November 27, 2025, the Financial Times reported that the SEC is seeking information about whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands. It also reported that the SEC is also investigating internal control lapses and potential conflicts within and between different parts of Jefferies.

BFA is currently investigating whether Jefferies and/or Point Bonita made materially false and misleading statements to investors in connection with their significant exposure to First Brands.

Jefferies (JEF) Stock Chart

Jefferies JEF Stock Chart

NYSE online chart showing the Jefferies (JEF) stock drop following the October 2025 announcement.

How Do I Submit My Information?

If you lost money when Jefferies or Point Bonita securities dropped in price, you are encouraged to submit your information using the form on this page to speak with an attorney about your rights.

You can also contact:
Ross Shikowitz
ross@bfalaw.com
212.789.3619

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of any class action lawsuit. The firm will seek court approval for any potential fees and expenses.

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS.

BFA attorneys have been named “Elite Trial Lawyers” by the National Law Journal, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

BFA’s notable successes include a recovery of over $900 million in value from Tesla Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

Attorney advertising. Past results do not guarantee future outcomes.

Frequently Asked Questions (FAQs)

The investigation is about whether Jefferies and/or Point Bonita made materially false and misleading statements to investors in connection with their significant exposure to First Brands.

Contact BFA at ross@bfalaw.com or through the form on this page. There is no cost to you. We will review your information and determine whether you may have potential legal claims.

All Jefferies and Point Bonita securities are being analyzed as part of the investigation. If you have questions about a particular investment, submit your information to discuss your options. The types of securities that may ultimately be included in any future lawsuit have not yet been determined.

No. You may be eligible to participate whether you sold or still hold your securities. What matters is that you purchased your securities during the class period and were harmed by the alleged misconduct, not whether you still own them.

No. If you’ve experienced a loss, we recommend submitting your information for review.

See additional FAQs here.

References

Photo of Adam C. McCall
Adam C. McCall Associate