Jefferies to Pay for Abortion Travel, Duo to Give $1 Million (1)

Jefferies Financial Group Inc. will cover travel costs for workers seeking an abortion outside of states that have banned or restricted the procedure.

“Jefferies will, of course, join other businesses around the U.S. that will cover any employee-partner’s costs should she decide to voluntarily terminate a pregnancy and be forced to do so in a state other than the one in which she lives,” Chief Executive Officer Rich Handler and President Brian Friedman said in a statement Monday.

The two executives also said they will personally donate a combined $1 million to charities that promote women’s rights.

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