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this company was correct but bankers decided their fate
Hopefully some patience here gives us some benefits!!
Have a good day!
LEHKQ
Lehman Brothers Holdings Inc (CE)
0.0002
0.00 (0.00%)
Volume:
hi there my friend, yes i am in.
I a GTC order of 5.05 for all my CT's and I sold one today of this and went through at market open and sold for 25.00. weird? odd?
hmmm,...
Mick,
All the conversation on the LEH shares
is happening on the LEHNQ board.
Joe K.
LEHKQ
Lehman Brothers Holdings Inc (CE)
0.0015
0.0013 (650.00%)
Volume: 25,640
Day Range: 0.0015 - 0.0015
Last Trade Time: 9:32:22 AM EDT
Total Trades: 2
$LEHKQ SEC Filings
FORM TYPE RECEIVED PERIOD END DATE REPORT
8-K 03/30/2023 03/30/2023 PDFRTFHTMLXLS
8-K 11/23/2022 11/23/2022 PDFRTFHTMLXLS
8-K 09/29/2022 09/29/2022 PDFRTFHTMLXLS
8-K 06/27/2022 06/24/2022 PDFRTFHTMLXLS
8-K 03/30/2022 03/30/2022 PDFRTFHTMLXLS
8-K 01/03/2022 12/30/2021 PDFRTFHTMLXLS
8-K 09/30/2021 09/30/2021 PDFRTFHTMLXLS
8-K 05/28/2021 05/28/2021 PDFRTFHTMLXLS
8-K 03/25/2021 03/25/2021 PDFRTFHTMLXLS
8-K 12/22/2020 12/21/2020 PDFRTFHTMLXLS
https://www.rns-pdf.londonstockexchange.com/rns/6391X_1-2022-8-30.pdf
WTF, LBHI YOU issued the subordinated notes to LP IV and LP V. You need to pay up LBHI!!! and... I want interest too for your shady accounting.
How do you issue something, but NOT have any responsibility to what you issued.
ACCOUNTABILITY is required here!!!
Claims by LP IV and LP V against LBHI
4.30 It was LBHI and not LBH that issued subordinated notes to LP IV and LP V in return for
the payment of the regulatory capital that was raised by the issuance of the Securities
by LP IV and LP V. The LP IV and LP V Partnerships may have a claim for payment of
a dividend by LBHI in relation to the subordinated notes that were issued. This is a
matter that the Joint Liquidators are continuing to keep under review. However, it is the
Joint Liquidators’ understanding that LBHI’s subordinated debt holders are currently
not expected to receive any distribution. The Joint Liquidators therefore understand that
the prospects of any recovery from LBHI in relation to these claims are very low.
Okay here...lehnq is offline right now.
Received this email today:
Thank you for your inquiry about LEHNQ.
The LEHNQ trust preferred securities were not issued by Lehman Brothers Holdings Inc., and the claims with respect to such securities were filed by BNY Mellon, as trustee. The BNY Mellon trust preferred claims were treated under the LBHI bankruptcy Plan as subordinated notes claims. There is no distribution under the Plan with respect to any subordinated notes claim. For more information on these securities, please contact BNY Mellon. For more information, including a link to the LBHI bankruptcy Plan, please see www.lehman-docket.com.
Sincerely,
Claire Leonard
Claire Leonard
Lehman Brothers Holdings Inc.
110 East 42nd Street, Suite 820-8th Floor
New York, NY 10017
(646) 285-9361
Claire.Leonard@lehmanholdings.com
Will the final distribution occur October 2021?
This board supports 4 LEHMAN CTs. Lehkq, Lehlq, Lehnq, Lhhmq
Class Action Lawsuit Against the BNYM, as Trustee
They are looking for shareholders who are interested in joining a class action lawsuit against the BNYM, as Trustee, for breaching their fiduciary duty to require Lehman Brothers Holdings Inc. to file the subordinated guarantee certificates annually. It is the responsibility of the Trustee each year to make sure the certificates are filed.
Quote:
Lehman Brothers Holdings, as guarantor, will be required to file annually with the guarantee trustee a certificate as to whether or not Lehman Brothers Holdings is in compliance with all the conditions and covenants applicable to it under the guarantee.
The failure to file the certificates allowed LBHI to ignore their obligations under the subordinated guarantee resulting in a combined loss to shareholders up to $1.2 billion dollars.
If you are a shareholder and you feel that you are harmed by the BNYM, as the trustee, for their failure to require the filings of the certificates, include the following information in an email and send it to
lbhict34566investorsunited@gmail.com
Information to be included on the email
Name
Address
Contact number
email
Number of shares
Date Acquired
Share Count As of July 20th 2021
LBHI Capital Trusts III - 37 participants
LBHI Capital Trusts IV - 44 participants
LBHI Capital Trusts V - 44 participants
LBHI Capital Trusts VI - 46 participants
Bring it to the LEHNQ board. Your in the wrong spot. We are all at the other board.
4 LEHMAN CTs. Lehkq, Lehlq, Lehnq, Lhhmq.
***How low can you go?? Very low. .0001 IMO
LEHMAN BROTHERS HOLDINGS CAPITAL TRUST V
6.00% Preferred Securities, Series M
From the same DOC...
"Lehman Brothers Holdings is not required to pay you under the guarantee if the trust does not have cash available.
The ability of the trust to make payments on the preferred securities is solely dependent upon Lehman Brothers Holdings making the related payments on the junior subordinated debt securities when due.
If Lehman Brothers Holdings defaults on its obligations to make payments on the junior subordinated debt securities, the trust will not have sufficient funds to make payments on the preferred securities. In those circumstances, you will not be able to rely upon the guarantee for payment of these amounts." Too bad sooo sad.
Best bet The Blue Pill.
William Fox
(646) 285-9000
Regular Trustee, Lehman Brothers Holdings E-Capital Trust I
Chief Financial Officer and Executive Vice President, Lehman Brothers Holdings Inc.
(Managing Member of Lehman Brothers Holdings E-Capital LLC I)
Good morning Lehman Brothers Holdings Capital Trust III (LEHKQ)
MM driving this back down - 145 shares -get real
That is an excellent idea for everyone, change all your lehman into a roth IRA if possible.
At least it's a trade, was begining to think these ct's were dead.
I really have trouble believing this is an actual trade and not a MM ploy 600 shares at .07
Not me. But thanks for the news
Waiting
A TRADE TODAY!
795 shares @ .10 @ 15:02:31
Maybe some of it will reach us.
So whaddayathink.....I would say this bodes well for our outlook here. Wow...more than DOUBLE the original estimate for the first initial payout to creditors. More money to be found soon IMO.....
Credit to wamugold on another board.
http://online.wsj.com/article/SB10001424052702304356604577337862433054558.html?ru=yahoo&mod=yahoo_hs
yep I have plenty of time - I think we come out in the green in the end -
IMHO. worth the wait in the end ,,,,,,, $
My thoughts to me anyway
very strange indeed - looks to be a screw up -lol another one -
I wish i got em. Good luck to whomever.
and i have had a open order at. 095....my luck.. lol
None of the others traded. Someone appears to have just 'charged' the gate.
LOL
So much for the theory of keeping CTs " LOCKED UP "
WHAT NEXT? Who knows, anything goes here i guess.
I liked the locked up scenario.
6,808 shares traded. last trade at .10 for a 61.29 % gain or .038 cent gain on the day. This one is BACK!
LOL
Lehkq?
Scottrade is showing 12,436 shares traded today with last price 10cents??
Is anyone else showing this or any action?
Okay, let's get to the bottom of this ...
First, I own CTs, and I want more.
I called my broker two days in a row. They tried checking with different departments like preferred, fixed income, reorg, etc., and got nothing. They put an open order out there with MMs for me and have received no response. The main person I dealt with feels that they are "expired," but I told him that they aren't, and I told him exactly what happened (accidentally delisted, then shoved on grey sheets, and preferred and commons lumped into the big share). I explained to him that they are actually worth something and that it appears that someone is trying to hide them away. He doesn't know what else to do other than just leave an open GTC order out there for me. I told him I would research further and get back to him.
Can Lehman be reached and what is their number? Let's force the issue. I hope that the MMs won't raise the ask to $1.00 or more.
Chessman
I received the following information this morning from a Fidelity chat session:
Jamie Cupp: Ok, I just clarified some things with my back office colleague.
Jamie Cupp: The two positions that you have mentioned[Lehman Capital Trusts] are anticipated to be reversed later this afternoon.
Jamie Cupp: We do not have a definite time though.
Ankle Biter: Fantastic
Jamie Cupp: That is all of the information that my reorganization team has at this time.
Ankle Biter: Who does the reversing?
Jamie Cupp: The security master that is reorganizing the security.
Ankle Biter: We're done then, thank you!