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BUSINESS
July 19, 2005 | From Bloomberg News
Investment banking firm Jefferies Group Inc. said Monday that John C. Shaw had retired as president and that Chief Executive Richard Handler had assumed his title. Shaw, 58, had been with Jefferies for 22 years and had been president since 2001. Shaw wanted to spend more time with his family, Handler said. Jefferies, founded in Los Angeles in 1962, shifted its headquarters to New York in 2002.
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BUSINESS
July 19, 2005 | From Bloomberg News
Investment banking firm Jefferies Group Inc. said Monday that John C. Shaw had retired as president and that Chief Executive Richard Handler had assumed his title. Shaw, 58, had been with Jefferies for 22 years and had been president since 2001. Shaw wanted to spend more time with his family, Handler said. Jefferies, founded in Los Angeles in 1962, shifted its headquarters to New York in 2002.
BUSINESS
December 3, 2004 | From Bloomberg News
Jefferies Group Inc. is under investigation by the Securities and Exchange Commission as part of a probe into whether brokerages doled out gifts to mutual fund executives to win trading business, people familiar with the matter said this week. The SEC and NASD are seeking information from about two dozen firms that may have given or received gifts such as Super Bowl tickets, golf outings and expensive wine.
BUSINESS
December 20, 2002 | Peter Pae
Jefferies Group Inc., a New York-based investment bank, said it acquired Quarterdeck Investment Partners, a Century City firm that specializes in mergers and acquisitions in aerospace and defense. Terms weren't disclosed. But in recent months Jefferies had been increasing its stake in Quarterdeck, which has 26 employees and was founded a decade ago by Jon B. Kutler, a former naval officer.
BUSINESS
December 10, 1996 | Times Staff and Wire Reports
Michael L. Klowden, vice chairman of Jefferies Group Inc., has been elected president and chief operating officer of the Los Angeles-based firm and of its principal operating subsidiary, investment bank Jefferies & Co. Klowden, 51, joined Jefferies in April 1995 as vice chairman of the board, and as a member of the office of the chairman of Jefferies & Co.
BUSINESS
October 12, 2001
Los Angeles-based stock-trading firm Jefferies Group Inc. pledged to donate all net trading revenue and commissions that it earned Thursday to relief groups for those affected by the attack on the World Trade Center. The firm said it would give $5 million to $8 million to as many as 25 nonprofit groups. About two-thirds would go to six groups--the American Red Cross and five funds set up to help families of victims.
BUSINESS
December 3, 2004 | From Bloomberg News
Jefferies Group Inc. is under investigation by the Securities and Exchange Commission as part of a probe into whether brokerages doled out gifts to mutual fund executives to win trading business, people familiar with the matter said this week. The SEC and NASD are seeking information from about two dozen firms that may have given or received gifts such as Super Bowl tickets, golf outings and expensive wine.
BUSINESS
January 5, 1989 | SCOT J. PALTROW, Times Staff Writer
Lawyers in the GAF Corp. stock manipulation trial disclosed Wednesday that the government has evidence that Jefferies Group Inc., a Los Angeles-based securities firm, may have made illegal campaign contributions to members of Congress. Arthur L. Liman, GAF's lead attorney, made the disclosure in U.S. District Court in Manhattan with jurors absent from the courtroom. Liman mentioned the possible violations during a discussion about the admissibility of evidence in the trial.
BUSINESS
February 11, 2004 | From Bloomberg News
Anthony Sanfilippo, a stock trader who was once chief executive of Knight Trading Group Inc., has rejoined Jefferies & Co. as director of listed trading. Sanfilippo, 47, worked for Jefferies from 1980 to 1986. He resigned from Knight, the biggest market maker of small-capitalization stocks, in June as the company broadened its business from making trades for discount brokers to brokerage for institutional investors.
BUSINESS
December 20, 2002 | Peter Pae
Jefferies Group Inc., a New York-based investment bank, said it acquired Quarterdeck Investment Partners, a Century City firm that specializes in mergers and acquisitions in aerospace and defense. Terms weren't disclosed. But in recent months Jefferies had been increasing its stake in Quarterdeck, which has 26 employees and was founded a decade ago by Jon B. Kutler, a former naval officer.
BUSINESS
October 12, 2001
Los Angeles-based stock-trading firm Jefferies Group Inc. pledged to donate all net trading revenue and commissions that it earned Thursday to relief groups for those affected by the attack on the World Trade Center. The firm said it would give $5 million to $8 million to as many as 25 nonprofit groups. About two-thirds would go to six groups--the American Red Cross and five funds set up to help families of victims.
BUSINESS
August 21, 2001 | JOSH FRIEDMAN and WALTER HAMILTON, TIMES STAFF WRITERS
Jefferies Group Inc. agreed Monday to buy New York Stock Exchange specialist firm Lawrence Helfant in a deal that would turn Los Angeles-based Jefferies into the Big Board's fourth-largest trading firm. The deal would significantly boost Jefferies' presence on the NYSE by tripling, to 18, the number of trading seats Jefferies controls. Previously it was not among the 10 largest floor brokers. Specialists are middlemen who handle trading on stock exchanges.
BUSINESS
October 4, 2000 | DEBORA VRANA, TIMES STAFF WRITER
Frank E. Baxter, who helped rebuild Los Angeles-based Jefferies Group Inc. into a stock-trading powerhouse after its founder pleaded guilty to fraud in 1987, said Tuesday that he would step down as chief executive but remain active in the company as chairman. Longtime Jefferies executive Richard B. Handler, 39, will become CEO, and John C. Shaw, 53, will remain president and chief operating officer, a post the two men have shared since January.
BUSINESS
July 14, 1999 | From Times Wire Services
Brokerages Merrill Lynch & Co., PaineWebber Group Inc. and Jefferies Group Inc. on Tuesday reported record second-quarter earnings that exceeded expectations, driven by strong commission income and fat fees from advising corporations on mergers and takeovers. The bumper profits, which follow a string of record earnings by investment banks, show Wall Street's money machine is humming. The profits kept coming even as fears of higher U.S.
BUSINESS
October 4, 2000 | DEBORA VRANA, TIMES STAFF WRITER
Frank E. Baxter, who helped rebuild Los Angeles-based Jefferies Group Inc. into a stock-trading powerhouse after its founder pleaded guilty to fraud in 1987, said Tuesday that he would step down as chief executive but remain active in the company as chairman. Longtime Jefferies executive Richard B. Handler, 39, will become CEO, and John C. Shaw, 53, will remain president and chief operating officer, a post the two men have shared since January.
BUSINESS
July 14, 1999 | From Times Wire Services
Brokerages Merrill Lynch & Co., PaineWebber Group Inc. and Jefferies Group Inc. on Tuesday reported record second-quarter earnings that exceeded expectations, driven by strong commission income and fat fees from advising corporations on mergers and takeovers. The bumper profits, which follow a string of record earnings by investment banks, show Wall Street's money machine is humming. The profits kept coming even as fears of higher U.S.
BUSINESS
December 10, 1996 | Times Staff and Wire Reports
Michael L. Klowden, vice chairman of Jefferies Group Inc., has been elected president and chief operating officer of the Los Angeles-based firm and of its principal operating subsidiary, investment bank Jefferies & Co. Klowden, 51, joined Jefferies in April 1995 as vice chairman of the board, and as a member of the office of the chairman of Jefferies & Co.
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