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Faruqi & Faruqi, LLP Announces Settlement In re: Jefferies Group, Inc. Shareholders Litigation ($70M. Settlement)

February 06, 2015

In In Re Jefferies Group, Inc. Shareholders Litigation, C.A. No. 8059-CB (Del. Ch.), Jefferies Group, Inc. (“Jefferies” or the “Company”) and Leucadia jointly announced that they had entered into an agreement, dated November 11, 2012, under which Leucadia would acquire the remainder of Jefferies common stock that it did not already own in exchange for providing Jefferies stockholders with 0.81 Leucadia shares for each of their Jefferies shares. The Faruqi Firm is co-lead counsel and has reached an agreement-in-principle to settle the action for $70 million.

 

Please find attached the:

- Jefferies Summary Notice of Pendency & Proposed Settlement of Class Action

- Jefferies Scheduling Order

For additional information, please contact Juan E. Monteverde at jmonteverde@faruqilaw.com.

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