Latest News Updates From David Voreacos and Jonathan Randles

GovernmentBusinessEquipment

Ex鈥慒irst Brands CFO Pleads Guilty in Fraud Case

Ex-First Brands CFO Stephen Graham pleaded guilty over a fraud that drove the auto parts supply firm into bankruptcy, and he will testify against company founder Patrick James and his brother Edward.

March 6, 2026
GovernmentBusinessEquipment

Ex-First Brands Finance Exec Details Fraud in Guilty Plea

An ex-First Brands executive told a judge in January that he falsified financial statements, inflated invoices and double-pledged collateral for the auto parts supply firm.

February 26, 2026
GovernmentBusinessEquipment

First Brands Founder Uses Hamptons 91视频 for $50 Million Bond

Founder Patrick James awaits trial on fraud charges stemming from the multibillion-dollar collapse of his auto parts supply business. He also must deposit $5 million in cash.

February 4, 2026

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