May 31, 2013
A New York federal judge found Thursday that a $640 million securities fraud case against a Lehman Brothers Holdings Inc. unit can be timely adjudicated in state court and won't significantly impact the liquidation of Lehman's estate.
April 08, 2013
The group of investors pursuing a $640 million securities fraud case against Lehman Brothers Holdings Inc. are pushing for the action to be moved back to New York state court because, they argued Sunday, the case is not related to the historic 2008 bankruptcy and not subject to federal jurisdiction.
December 20, 2012
The Second Circuit on Thursday rejected a bid to revive a $640 million securities fraud suit brought against Lehman Brothers Holdings Inc. by a group of former investors in its real estate interests, validating a lower court's opinion that they had failed to prove that Lehman intentionally misled them.
January 25, 2012
A federal judge on Wednesday rejected an attempt by former Lehman Brothers Holdings Inc. investors to move their $640 million fraud case against real estate and private equity affiliates of the bankrupt banking giant back to New York state court.