Richard Handler was 38 when he made his pitch: Put him in charge of Jefferies Group Inc. and he would transform the Wall Street equity-trading shop into a full- scale investment bank.
Jefferies Group Inc.’s 62 percent stock-market swoon is more than just business for Chairman and Chief Executive Officer Richard Handler -- it’s personal.
Jefferies Group Inc. dropped as much as 11 percent in New York trading after Chief Executive Officer Richard Handler sold a $25.2 million stake in the firm to Leucadia National Corp., its largest stockholder.
"Given the sensational nature of the custody suit, clients have been seeking answers."
- Richard Handler on Nov 03, 2014