Jefferies Sues Cantor in U.K. After Its Bankers Leave for Brokerage
- Bankers were lured to Cantor by ex-Jefferies star Sage Kelly
- Jefferies sues Cantor’s global and Hong Kong units in lawsuit
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Jefferies Financial Group Inc. is going after Cantor Fitzgerald LP, the home of its former star banker Sage Kelly, suing the brokerage and three investment bankers who left the firm last year.
The bank filed a lawsuit in London last month against Cantor and three bankers in its power, energy and infrastructure group. Jefferies lost 24 people in the energy coverage team to its New York-based rival last year.