Jefferies Group Investor Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Merger with Leucadia National

  Jefferies Group Investor Alert: Briscoe Law Firm and Powers Taylor, LLP
  Investigate Merger with Leucadia National

Business Wire

DALLAS -- November 12, 2012

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Jefferies Group, Inc. (“Jefferies”) (NYSE: JEF) to
Leucadia National Corporation for shareholders. Under the proposed merger,
Jefferies shareholders will receive only 0.81 in Leucadia common stock for
each share of Jefferies stock owned. Based upon Friday’s closing price,
Jefferies shareholders will receive value of approximately $17.66 per share,
well below at least one analyst’s estimated value of $19.00 per share.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at
The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Jefferies merger investigation centers on whether Jefferies shareholders
are receiving adequate compensation for their shares in the buyout, whether
the transaction undervalues Jefferies stock, and whether Jefferies’ board
attempted to obtain the highest share price for all shareholders prior to
agreeing to the deal. Notably, according to at least one analyst with Yahoo!
Finance, the true inherent value of Jefferies could be as high as $19.00 per
share. Shareholder rights attorney Willie Briscoe stated that “Due to the
stock for stock nature of the transaction, analyst’s estimates, and other
factors, we believe that the transaction may undervalue Jefferies stock. Our
proposed lawsuit will seek to obtain the highest share price for all
shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
or
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-706-9314
WBriscoe@TheBriscoeLawFirm.com