Jefferies Financial Group is pressing to question First Brands founder Patrick James under oath, saying the former chief executive officer potentially invoking his Constitutional right against self-incrimination doesn’t mean he can avoid an upcoming deposition.
Jefferies’ Leucadia Asset Management said in a Monday court filing that James possesses “critical information” about the creation and sale of invoices that’s relevant to a company request to unlock customer funds. James has said he’d likely plead his Fifth Amendment right against self-incrimination in a bid to block Jefferies’ subpoenas, citing a federal criminal investigation.
The Fifth Amendment doesn’t allow a witness to avoid ...
