Court dismisses Weiss defamation claim against Jefferies in ongoing $100m debt battle
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Court dismisses Weiss defamation claim against Jefferies in ongoing $100m debt battle

hedgeweek
3 months ago
102 views
Hedge fund founder George Weiss has lost a defamation lawsuit against Jefferies Financial Group, marking the latest development in a long-running dispute over a $100m debt tied to his firm, Weiss Multi-Strategy Advisers report Bloomberg.
A New York court dismissed the claim, with Judge Phaedra F. Perry-Bond ruling that the allegedly defamatory statements were made in a draft legal complaint and were therefore protected. The court also noted that Jefferies ultimately prevailed in its underlying c...

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