- Jefferies Financial Group Inc (NYSE:JEF) disclosed that CEO Rich Handler's Meta Platforms Inc (NASDAQ:FB) Instagram account was hacked.
- "Any stories related to discounted sales of shares, crypto donations or donations to Ukraine ... that appear on that hacked Instagram account are categorically false," Jefferies said.
- Jefferies worked with Instagram-owner Meta to get back control of the social media account.
- According to Reuters, Handler is a frequent Instagram user who has used the account to post updates on the bank's return to office policies.
- Price Action: JEF shares traded lower by 2.36% at $31.90 on the last check Friday.
