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PROOF OF CLAIM form SURVEY.
Please take the new survey if you own LEHMAN stock(any issue) even if you have not recieved a Proof of Claim form as this lets us know the completeness of distribution by the company and the BK COURT.
The Capital Trusts get first priority, then the traditional preferreds, and lastly the commons. I am not allowed to give personal recommendations on IHUB, only my opinions. My opinion? A smattering of all Lehs is a good position. I Have nice chunks of each and every one of the LEH isssues.
P's and F's are in line with other preferreds.
It is the Capital Trust shares that are in front of all other preferreds. They C/T'S are LEHKQ, LEHLQ, LHHMQ, LEHNQ.
waman1--what Lehman's get paid first & what do you recommend ?
Yes , I concur, wholeheartedly.
Thanks Waman. I will be watching this post on Lehman's trust stocks. Also, I would imagine that you could also buy more trusts at this time. It maybe a good time to do so. Payday may not be far away, do you agree?
Thanks
Current news on all the LEHs is extremely hard to find. There is not the support group watching the procedeings as we have on WAMU. In fact the current situation involving these CLAIM FORMS came completely out of the blue. No one seems to know the real purpose behind them although the logical reasons are limited to a couple reasons. Logically, some reasons for these could be discovery for a lawsuit, a buyout, a buyback, a bar date satisfaction, ect. We have some of the best researchers on IHUB trying to discern the true reason. We've only been on the case for a day now and will post whatever we find, good or bad. I hope this has helped, If not please rephrase your question and Ill try to understand it and awnser it. If your looking for tech. info, refer to the top sticky or the IBOX.
Waman, sorry I couldnt get back to you regarding my question.
But what I wanted to know about the current news on the lehman trusts, especially (LHHMQ)
Wanted to find out about this stock, presently. Namely, news,
payouts, pricing and dates.
Thank You
Personal update;
Yesterdays mail did not produce any more forms. As of right now, I stand at 3 sets out of the 4 C/Ts.
I AM SO PROUD of all of you here. We are likened to a well oiled military unit. One change in the battlefield and we all mobilize our vast research pool and talents to discover any and all nuances and twists in our understanding of current conditions. While some may say, it is all money driven, I see efforts that go ABOVE AND BEYOND the call of duty (dollar). I am HONORED TO SERVE WITH EVERY ONE OF YOU. (If I had the medals, Id be passing out SILVER STARS w/ oak leaf clusters to you all).
I faxed the inquiry forms for DQ and JQ those are able to be faxed
Not sure I am going to call Etrade to check but will probably file them as well. Don't want to miss the boat. I have never recieved anything in the mail on any of holdings. Not sure if it is a setting thing or what...
From what I can see PQ wasn't listed as of yet either. looks like they have up to 8/20 to edit the list. I just wanted him to see that the site said faxes weren't excepted.
CQ, DQ, And JQ are not on any of the list. The master list is not complete. The Master List of Securities is subject to change at any time on or prior to August 20, 2009. I sent the inquiry forms to find out about them. The C/T are exempt. nothing has to be filed for them.
So do we have to file manually or has it been automatically done?
Proofs of claim will be deemed timely filed only if actually received by Epiq or the Court on or before September 22, 2009 at 5:00 p.m. Eastern Time. Proofs of claim may not be delivered by facsimile, telecopy, or electronic mail transmission.
http://chap11.epiqsystems.com/clientdefault.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0&l=1#
right below the address box. Wasn't sure if you saw this.
Great. I really appreciate it. Hope I get some forms as well. Thanks again!
I filled out the forms for securities not on the master list or the exempt list and faxed them in today. LEHDQ and LEHJQ are the 2 I faxed this morning. They say will feply with in 15 days. I'll let ya know when I hear something.
Thanks side. Didn't see anything about adr's. Did a find on everything, their classifications, etc and didn't see them on exempt list. Man, so freakin frustrating! Guess I'll wait on forms or hope someone else finds sumthing, as I am trying. Sure others hold CQ and DQ, hopefully we'll have some luck. Thanks again. The adr's r by far and away the most mysterious of the holdings. My thoughts have always been if they are foreign stock shares issued thru lehman to trade on us markets and if the companies are still trading on their foreign exchnages then they have to b worth something?!?
adr's, I don't think so, look in the iBox, or...
Look here:
http://www.quantumonline.com
Appreciate it very much. What do u think of the adr's like lehdq and lehcq. Since I haven't been able to find out what international entity they were issued thru, I have no idea what they would b listed as. American Depositary Receipts/Shares? I'd hate to miss the boat on this one. Appreciate your thoughtsmso very much. Ugh!
I can't take credit. Others on the other boards found it as well. I just wanted to verify their findings for myself.
DAN BB. Excellant find!! It does appear that we need to take NO action as we will be GLOBALLY filed for by the trustee. Of coarse I will cross verify this to make sure but it looks like you are right. Excellant DD my friend. You are an asset to this board.
I can only compare this activity to my experience with WMI. I think these claim forms are a result of the bar date being set. IMO nothing has changed.. no set payout.. we must wait for the estate to finish BK.
I'm sure those with more experience with this will chime in.
So when are we expecting the pay out for these? Are they confirmed at full face value?
I see a lot of confusion on this subject... what are the facts that we do know right now?
Thanks all! I hope this is not just a fire drill!
John Gyver
I beleive this is the exempt list. From what I can tell they are all listed. Search for "trust iv".
http://chap11.epiqsystems.com/ViewDocument.aspx?DocumentPk=24f5d9de-55d3-405a-b29d-2065cd3e8efa
DAN BB. When you say the exempt list, are you meaning the MASTER LIST? Exempt from individual filing by way of GLOBAL filing by the trustee? Where are you seeing this EXEMPT LIST? In what context are you saying exempt? Im as confused as the rest of you.
I did get one for Capital Trust V. Do I need to fill this out? So confused... lol
Look at the exemption list too!
From what Ive read so far, IF the stock is listed on the MASTER LIST OF SECURITIES then the claim will be filed GLOBALLY automaticaly for us by the securities trustee. If not listed there, then each of us has to file seperatly for each one BEFORE SEPT 20. I perused the MASTER LIST and its 21 PAGES LONG!!!!! Ill post what ones are listed as I find them in the list.
They didnt use our letter system (lehkq, ect) they used the full name of each.
Lehman Brothers Holding Cap
Cusip# 52520B206
Lehman Brothers HLD CAP TR VI
Cusip# 52520X208
Lehman Brothers HLD CAP TR III
Cusip# 52519Y209
What series are you talking about by the way? I own some C/Ts... L and M series. Are those part of what you are talking about?
Thanks again!
John Gyver
So what does that mean... "The check is in the mail". I got something from Scottrade too,m did not open it yet. I guess it could be the claim forms.
So do we have to take any action on these forms (fill them out or something)?
Thanks for the info! Sounds like great news!!!
John Gyver
WUHOO!!!! I just recieved 3 sets of claim forms for 3 of my trust issues. Each one is worth 100k to me. They were sent from Lehman AND the BK court by way of S'trade, so there NO HOAX. There REAL!!!!!. Can you say "THE CHECKS IN THE MAIL!!!"
Old news, but very good news IMO. Barclays accidentally profited by a couple of billion above what they paid. Only time will tell how much will return to the Lehman estate.
Is this old news? Or NEW?
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aq7zoiYbLM00
Thats a MM mesing with ya. You offer 9, he bumps you and posts 9.1. Hes trying to keep those shares out of your hands.
I've been offering some 9s and now that we're at 9 I wonder who got the fill? Mine are still out there.
still cant get filled....
Have multiple bids in from .06 to .09 and got nothing......of course someone got filled at .05.....go figure
I tried to sell 1000 at .1 and 1500 at .08 a couple of times this week. no fill.
No idea. I've given up trying. I'm just gonna hold what I got and just check pps from time to time. D's have gone .11 to .175, then back to .11, and then to .14, and on and on. Gettin old. Done accumulating here, just waiting it out. MM's, u aint gettin mine, I'm not sellin, most here aren't so stop with ur petty games and let the leh's take their natural course. Never mind, they can't do that. I hope ur naked short and get busted and burned. All IMHO
still can't get filled
i've had orders in all week for anywhere from .09 to .12 and still nothing.....anybody know what the ask is on this thing???
I can see $3 easy. Total face of $225 million. If and when all the dust clears and the adr is worth 22.5million, that's $5 per. A year or 2 and we will b set. I can't see these being worthless, just isn't logical. Hope I am not wrong. 4-5 million shares issued. We'll have to wait it out
Excellent Purchase.
That's awesome!
Goodluck to us All
Cheers
well I feel lucky to have gotten 69600 @.01 for $690.I feel a quick pop to $3 plus comming soon the old gut feeling and it aint never wrong its just some time I dont listen to it.
Bidding for more than that.
.08
been there for awhile today.
I'm bidding eight.
Hit me if you want.
Cheers
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SECURITY DESCRIPTION: Lehman Brothers Holdings Inc., Depositary Shares, each representing a 1/10 interest in a share of the 5.94% Cumulative Preferred Stock, Series C, stated value $50 per depositary share, redeemable at the issuer's option on or after 5/31/2008 at $50 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of 5.94% per annum paid quarterly on 2/28, 5/31, 8/31 & 11/30 to holders of record on the day fixed by the board, no more than 60 days or less than 15 days prior to the payment date. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock Exchange | Cpn Rate Ann Amt | LiqPref CallPrice | Call Date Matur Date | Moodys/S&P Dated | Distribution Dates | 15% Tax Rate |
---|---|---|---|---|---|---|
OTOTC Chart | 5.94% $2.97 | $50.00 $50.00 | 5/31/2008 None | A3 / BBB+ 6/18/08 | Suspended! 2/28, 5/31, 8/31 & 11/30 Click for Ex-Div Date | Yes |
Notes: September 15, 2008 -- Lehman Brothers Holdings Inc. (LBHI) stated that it has filed a petition under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the Southern District of New York. None of the broker-dealer subsidiaries or other subsidiaries of LBHI was included in the Chapter 11 filing and all of the U.S. registered broker-dealers will continue to operate.
Company's Email Address Links |
Inv Rel Email Address | sbutler@lehman.com |
General Email Address | inquiry@lehman.com |
Address: 745 Seventh Avenue, 15th Floor, New York, NY 10019 | |
Main Phone Number | 212-526-7000 |
Fax Number | 212-526-3738 |
Investor Relations Shaun K. Butler | 212-526-3267 |
Toll Free Phone Number | 800-666-2388 |
CEO - Richard S. Fuld, Jr. | CFO - Erin M. Callan |
NOTE: LBHGP last traded APRIL 9 2008 and has not traded since (As per Scottrade back room)
(waman1)
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