First Brands Group sued founder Patrick James for allegedly misappropriating hundreds of millions of dollars from the U.S.

The bankrupt auto supplier filed a complaint against its founder alleging that he misappropriated hundreds of millions of ...

The management team that took over First brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where at least some ...

UBS Group AG is liquidating two invoice finance funds with exposure to First Brands Group, in an early sign of how large financial institutions are dealing with the fallout from the bankrupt ...

First Brands Group lawyers said the Rochester Hills-based company needs access to its roughly $600 million of remaining ...

UBS has told clients that it will wind down an investment vehicle with significant debt exposure to First Brands Group, in ...

On Tuesday, Nov. 4, in Coney Island Auto Parts Unlimited Inc. v. Burton, the Supreme Court will consider a disagreement among ...

Bankrupt First Brands on Monday sued its former chief executive and founder Patrick James, accusing him of orchestrating frauds that left the U.S. auto parts maker insolvent.

Some investors worry their collateral will be eroded if First Brands moves ahead with a $4.4 billion loan.

With a new feature from dealership management system software provider Auto/Mate, customers can pay service repair orders and parts invoices without having to step inside the dealership. Auto/Mate is ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...