First Brands Founder Says Jefferies Is Withholding Documents (1)

First Brands Group founder Patrick James said Jefferies Financial Group was refusing to turn over documents that would “put the lie” to the financial firm’s claims that he defrauded it.

James on Wednesday asked a New York federal judge to order Jefferies to comply with a subpoena of documents, including internal communications and the due diligence records, related to the firm’s investment in $715 million in receivables at First Brands. The auto supply group filed for bankruptcy in September, with Jefferies as one of its biggest creditors.

First Brands has sued James in bankruptcy court, alleging its founder and former ...