02:19 PM EDT, 08/07/2024 (MT Newswires) -- Jefferies Financial Group ( JEF ) filed a motion seeking an independent review to determine if Weiss Multi-Strategy Advisers made any "additional, potentially voidable payments" to insiders two years before filing for bankruptcy.

The motion follows an earlier request by Weiss to appoint an independent examiner to review decisions regarding employee bonuses before the firm announced the shutdown.

Jefferies also filed a separate motion with the US Bankruptcy Court of the Southern District of New York to block George Weiss' bid to fund the wind-down through a $1 million credit line.

Neither Jefferies nor Weiss immediately responded to MT Newswires' requests for comment.

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