June 22, 2012
A federal judge in New York on Friday gave his blessing to a $40 million settlement ending a class action accusing former employees of Lehman Brothers Holdings Inc. of misleading investors regarding the quality of mortgage-backed securities.
April 14, 2011
A New York federal judge granted two pension funds in Iowa and Mississippi on Wednesday limited intervention in a multidistrict litigation over now-bankrupt Lehman Brothers Holdings Inc.'s securities offerings, ruling that the statute of repose cannot be tolled.