Lehman investors file complaints
13-12-2008
Hundreds of investors who bought products linked to the failed American bank, Lehman Brothers, have filed complaints to the Ombudsman. They say the Monetary Authority failed to regulate 19 banks which sold the products. Buy-back plans by the Association of Banks have stalled because of legal problems in the United States. The investors marched to branches of banks in Sheung Wan and Central.
