Christina Kelly is walking back her lurid accusations of illegal drug use and debauchery by senior Jefferies bankers with clients.
Kelly made the salacious claims in a divorce and child custody battle with her husband, Sage Kelly. The allegations—which were supposed to be kept private per court rules—led to a flood of publicity and put Jefferies and two of its biotech company clients on the defensive as they strongly denied the accounts.
Now the estranged Wall Street wife is changing her position as part of a 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," Kelly said in a statement, according to multiple media reports.
"The presentation of facts in divorce proceedings is a function of subjective viewpoints," she added in the text. "When a person's statements in a divorce proceeding become public, there is a danger that the publication of those statements can create misimpressions that, regrettably can cause unintended harm to innocent individuals."