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Lehman Bros. Nixes Customers' $117M Transfer Claims

By Hayley Fowler (March 26, 2018, 5:41 PM EDT) -- The Lehman Brothers Inc. estate can disallow roughly $117 million in customer claims after a New York federal judge found that the trustee had authority under federal law to transfer the customer accounts to successor Barclays Capital Inc. rather than to other brokerage firms amid Lehman's financial collapse....

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