Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Thank you for posting this, wamugold.

Have you heard an amount the Court could decide for this?

While I agree it does show questionable financial practice, if not duress, in banking operations, it was not the reason Lehman filed for bankruptcy nor was it Lehman's sole agency problem.

While it led to the claim of $31B in fraudulent funds, Lehman's derivative exposure was larger and ultimately settled at 100%.

Additionally, MS reported last week their derivatives business continues to grow after new regulations are in place.

My settlement analysis posted prior today could have been tougher on common shareholder pool of 689M shares and used a $20/53 = $.38 per common share figure.

However, it probaby doesn't matter as the Courts, Lehman Estate and Creditor Committee will be working out a settlement that includes settling this class action among others before operating a new entity post-BK.