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Fourteen investors announced Friday that trustees accepted the settlement offer from the Plan Administrator for Lehman Brothers Holdings Inc., a global financial services firm that declared bankruptcy in 2008. The announcement is said to be an important step in resolving the Lehman RMBS claims. The settlement will payout a minimum of $2.4 billion, subject to a judges approval.
Read More »Lehman’s Brothers Holdings: 2.4 Billion Bankruptcy Offer Accepted
