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11 Apr 2011, 1:00 pm by Ross B. Intelisano
According the FINRA press release, UBS had described the structured notes as principal-protected investments and failed to emphasize they were unsecured obligations of Lehman Brothers, which eventually filed for bankruptcy in September 2008. [read post]
11 Apr 2011, 1:00 pm
According the FINRA press release, UBS had described the structured notes as principal-protected investments and failed to emphasize they were unsecured obligations of Lehman Brothers, which eventually filed for bankruptcy in September 2008. [read post]
11 Apr 2011, 12:41 pm
The Financial Regulatory Authority (FINRA) announced today that it has fined UBS Financial Services, Inc. $2.5 million, and ordered UBS to pay $8.25 million in restitution for omissions and statements regarding the “principal protection” feature of the 100% Principal-Protected Notes (PPNs) issued by Lehman Brothers Holdings Inc. prior to its September 2008 bankruptcy filing. [read post]
UBS Lehman principal protected notes are structured products that were sold by UBS which have become completely worthless following the collapse of Lehman Brothers in 2008. [read post]
10 Apr 2011, 4:36 pm by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
3 Apr 2011, 11:31 pm by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
31 Mar 2011, 9:12 am
Bankruptcy Court in Manhattan alleging Citibank and several affiliates are refusing to return a $1 billion deposit Lehman Brothers Inc. made after its holding company, Lehman Brother Holdings Inc., filed for bankruptcy. [read post]
30 Mar 2011, 1:40 am by sally
Court of Appeal (Criminal Division) Attorney General’s Reference No. 125 of 2010 [2011] EWCA Crim 640 (02 March 2011) Attorney General’s Reference No. 77 of 2010 [2011] EWCA Crim 636 (02 March 2011) Messent, R. v [2011] EWCA Crim 644 (01 March 2011) Vasili, R. v [2011] EWCA Crim 615 (23 February 2011) Court of Appeal (Civil Division) Co-Operative Group (CWS) Ltd v Pritchard [2011] EWCA Civ 329 (25 March 2011) High Court (Chancery Division) Lehman Brothers Special… [read post]
27 Mar 2011, 3:29 am by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
26 Mar 2011, 11:25 am
When our securities fraud attorneys covered this case more than a year ago, we noted that Amerivet had accused FINRA of failing to supervise and regulate a number of its larger member firms, including Lehman Brothers, Merrill Lynch, Bernard L. [read post]
20 Mar 2011, 5:31 am by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
14 Mar 2011, 1:50 pm by Bankruptcy Prof
"Deutsche Bank AG sold $100 million in claims on bankrupt Lehman Brothers Holdings Inc. to Dolostone LLC of New York, according to a bankruptcy court filing. [read post]
13 Mar 2011, 1:41 pm by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
11 Mar 2011, 2:28 pm by admin
Most states and municipalities owe long-term debt, and they don’t typically rely on short-term borrowing in the way that, say, the now-defunct Lehman Brothers Holdings Inc. did in 2008. [read post]
6 Mar 2011, 12:29 pm by Blog Editorial
FA (Iraq) v Secretary of State for the Home Department, heard 23 – 24 February 2011 Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc, heard 1 – 3 March 2011. [read post]
4 Mar 2011, 1:53 am
From Tuesday 1 to Thursday 3 March 2011, Lords Phillips, Hope and Walker, Lady Hale and Lords Mance, Collins and Clarke will hear Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc; and Belmont Park Investments PTY [...] [read post]
10 Feb 2011, 11:56 am
The California Public Employees' Retirement System is suing Lehman Brothers Holdings Inc., its ex-executives, and a number of bond underwriters for fraud and of making materially false statements about mortgage-backed securities losses. [read post]