DOJ Launches Inquiry Into First Brands Group’s Collapse: FT

The US Department of Justice has opened an inquiry into the collapse of First Brands Group, the Financial Times reports, citing unidentified people familiar with the matter.

• Probe is being led by the US attorney’s office for the Southern District of New York
• Inquiry is in its earliest stage, currently in a fact-finding mission as many of the details about First Brands’ finances remain unclear
• First Brands and the DOJ declined to comment; SDNY did not immediately respond to requests for comment: FT

To contact the reporter on this story:
Brandon Sapienza in New York at bsapienza@bloomberg.net

To contact ...