Thursday, January 8, 2009

Lehman minibond investors file claims


Lehman minibond investors file claims
08-01-2009

17 Lehman Brothers' minibond investors are seeking compensation from four local banks through the Small Claims Tribunal. They are the second group to file applications. Two of the banks - DBS and the Bank of China - had earlier applied to hold the hearing in the District Court. DBS said the issue was complex and involved legal arguments. The tribunal adjourned the case until March.

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