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Jefferies Banker Kelly Said to Resign After Divorce Scandal

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Sage Kelly, the Jefferies Group investment banker whose divorce became tabloid fodder in October, resigned, according to a person briefed on the matter.

Kelly, 42, will be focusing on his family, said the person, who asked for anonymity because the decision hasn’t been announced. Richard Khaleel, a spokesman for the New York-based firm, declined to comment.