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First Brands’ Brothers Say They’ll Blame Each Other at Trial

Bloomberg Markets Wednesday 07 October 2026, 20:05 UTC By Jonathan Randles 1 min read
Key Points

First Brands’ Brothers Say They’ll Blame Each Other at Trial The two brothers who built First Brands Group into a global business, and whom prosecutors accuse of driving it into bankruptcy through a multibillion-dollar fraud, are now pointing the finger at each other. Lawyers for Patrick and Edward James say in court papers that each plans to blame the other as part of his defense against the criminal charges. They asked a federal judge last month to separate their trials, which are...

First Brands’ Brothers Say They’ll Blame Each Other at Trial The two brothers who built First Brands Group into a global business, and whom prosecutors accuse of driving it into bankruptcy through a multibillion-dollar fraud, are now pointing the finger at each other. Lawyers for Patrick and Edward James say in court papers that each plans to blame the other as part of his defense against the criminal charges. They asked a federal judge last month to separate their trials, which are scheduled for February in Manhattan. Both have pleaded not guilty and denied wrongdoing.
First Brands’ Brothers Say (ORG) First Brands Group (ORG) Patrick (PERSON) Edward James (PERSON) Manhattan (LOCATION)
Originally published by Bloomberg Markets Read original →

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