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Jefferies Group LLC’s global health-care investment banking head, Sage Kelly, has resigned from the investment bank to focus on family matters, according to a person familiar with the matter.

Mr. Kelly had been embroiled in a legal dispute with his wife, Christina Kelly, over the custody of their children that brought the New York firm unwanted publicity after tabloids wrote about scandalous accusations that emerged in court...

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Jefferies’ Head of Global Health-Care Investment Banking Resigns