'A substantial portion of what has been written in the press and other media over the past few weeks is inaccurate, untrue or hyperbolic, and I apologize to those who have been affected thereby.
Christina Kelly, whose rancorous divorce from Jefferies investment banker Sage Kelly has inflamed New York’s tabloids, issued a statement praising him as a 'great father' and apologizing to the firm as the pair reached a tentative custody agreement.
'A substantial portion of what has been written in the press and other media over the past few weeks is inaccurate, untrue or hyperbolic, and I apologize to those who have been affected thereby - including those at Jefferies and those associated with Jefferies', she said.
The statement doesn’t specify terms of the settlement, which she said was amicable and 'ensures loving homes for our children'. Any deal would require a judge’s approval and could still unravel, according to the person, who asked not to be identified because the talks are confidential.
Sage Kelly, 42, who runs Jefferies’s profitable health-care banking group, went on a leave of absence last month after his wife accused him of setting up hidden cameras to catch her using drugs, while not disclosing his own cocaine abuse, according to a copy of an October 22 lawsuit she filed. She sought $7m in damages, according to the complaint.
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