Replies to post #110295 on Lehman Brothers Financial SA (LEHNQ)

[IronMan123]

If they are cancelled how are they still trading?

[goodietime]

"Voluntarily Cancelled - The majority CTs Holders' agreed to cancel the CTs in 2017 unaware of the 2020 Plan Trust extension to 2025 or longer"

Was there some kind of vote for this? I bought most of mine in 2016, and don't recall anything about a cancellation.

[cottonisking]

💰️💰️💰️ Deutsche Bank?

An event of default under the guarantee will occur upon the failure of Lehman Brothers Holdings to perform any of its payment or other obligations required by the guarantee. The 👉️holders of a majority in aggregate liquidation amount of the preferred securities have the right to 👉️direct the time, method and place of conducting any proceeding for any remedy available to the 👉️guarantee trustee in respect of the guarantee or to direct the exercise of any trust or power conferred upon the guarantee trustee under the guarantee.

💰️💰️💰️

https://www.sec.gov/Archives/edgar/data/806085/000104746905000357/a2149684z424b2.htm

[s404n1tn0cc]

Hello Mr. King..
Here you go Go Nuts...
http://edgar.secdatabase.com/2776/119312522182682/filing-main.htm
The only thing remaining is the measly 300-400 Mill ..... And in this Bk is A
bag of pop corn. Strap youself in... Watch for the Fireworks. And resurrection. IMO