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Thursday, October 30, 2014

Jefferies banker Kelly goes on leave amid bitter divorce battle - source, (NYSE: LUK), (NASDAQ: PLCE)

Sage Kelly, the head of Jefferies Group LLC's healthcare investment banking group, is taking a leave of absence from the firm as he wages a bitter divorce battle with his estranged wife, a person familiar with the matter said on Thursday. Kelly's voluntary leave follows a series of reports in New York tabloids and websites, describing how his wife Christina has accused him of drug abuse and erratic behavior, in an attempt to gain primary custody of their two children.Christina Kelly's claims also include allegations of drug abuse among Jefferies' banking clients and other financial industry professionals, according to the reports.Sage Kelly did not immediately respond to a request for comment. William Beslow, a lawyer for Christina Kelly, did not immediately respond to requests for comment.Jefferies is a unit of Leucadia National Corp.

Leucadia National Corporation is a diversified holding company. Shares of LUK remained unchanged at $23.19. In the past year, the shares have traded as low as $21.13 and as high as $29.45. On average, 1650100 shares of LUK exchange hands on a given day and today's volume is recorded at 989008.

Childrens Place Inc.(Children's Place), formerly The Children's Place Retail Stores, Inc. Shares of PLCE traded higher by 1.4% or $0.67/share to $48.63. In the past year, the shares have traded as low as $44.54 and as high as $58.48. On average, 384846 shares of PLCE exchange hands on a given day and today's volume is recorded at 215672.



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