Replies to post #93991 on Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

The reply tells me one thing. They are looking for 50 shareholders.

The camaro post tells me that they are suing the bnym for breach of fiduciary duty based on the failure of the bnym to require LBHI to file the subordinate guarantee certificates.

My phone call tells me that requiring LBHI to file the subordinated guarantee certificates are what a prudent trustee should do even in bk as it is still required by Bankruptcy Code 510(a).

That is my research. I am one of the 50 shareholders. I wonder how many do they have so far? I will roll with them. At least the reply is from someone the CT world should know.