Lehman Brothers Class Action Lawsuit Filed

• JohnFebruary 26, 2014 at 8:02 pm

  Like many, I also lost a great deal of retirement money on common stock with Lehman Bros and have not been able to find a class action lawsuit. For the many that remain, common stock holders we will not see retirement for many more decades. That is if we have any luck. If anyone has any information on a class action lawsuit against Lehman please share. Best regards, John

• elaineJanuary 4, 2014 at 1:50 am

  I have 350 shares leh-m,will they ever be worth anything? I am 85 years old and needed the income...........help

• CarlOctober 16, 2013 at 6:48 pm

  Im stil watching the mail box . Stll no word on where my money is.

• JohnJune 12, 2013 at 12:48 pm

  I have over 14,000 shares of Lehman Bros bonds. Is there a class action suit for bond holder?. I was also duped into this investment. I asked my financial advisor for a ultra safe investment where there was no possibiliy of loosing my capital. Is there any lawfirm available to join us bond holders together and file a suit with the bankruptcy court?

• GeorgeFebruary 27, 2013 at 4:24 am

  First Congregational Church of Michigan City, Indiana held $50,000 of Lehman paper. Now shows on our Morgan-Stanley statement as zero. A total loss. The congregation is essential inactive, wilth no forman services. I would like to say that Lehman Bros. and indirectly Morgan-Stanley were the cause of a small church in Mid-america closing. I understand that we are part on a suite. Have not hear[Show More]First Congregational Church of Michigan City, Indiana held $50,000 of Lehman paper. Now shows on our Morgan-Stanley statement as zero. A total loss. The congregation is essential inactive, wilth no forman services. I would like to say that Lehman Bros. and indirectly Morgan-Stanley were the cause of a small church in Mid-america closing. I understand that we are part on a suite. Have not heard any news lately,

• JacobOctober 24, 2012 at 12:12 am

  I am part of the WmU class action lmortage law suite , but I HAV'NT HERD FROM ANY ONE FOR OVER A YEAR . PLEASE UPDATE ME BY EMEAL. THANKS

• VickiMay 17, 2012 at 10:54 pm

  Fidelity Investments marketed Lehman Brothers bonds to people like me with self directed IRA portfolios. Fidelity urged us to diversify into a safe bond investment such as Lehman. That was June 2008. Lehman went bankrupt in Sept 2008. Turns out Fideltiy's investment bank, State Street bought credit default swaps on Lehman. So Fidelity was marketing the bonds to us small investers while bettin[Show More]Fidelity Investments marketed Lehman Brothers bonds to people like me with self directed IRA portfolios. Fidelity urged us to diversify into a safe bond investment such as Lehman. That was June 2008. Lehman went bankrupt in Sept 2008. Turns out Fideltiy's investment bank, State Street bought credit default swaps on Lehman. So Fidelity was marketing the bonds to us small investers while betting the bank would fail and they would earn 1000% on their credit default swap investment.

• randyApril 14, 2012 at 9:33 am

  I was with merrill lynch up to 2/1/2009 and lost alot of money the previuos year, can I file suit against them for loosing hundreds of thousands of my retirement

• susanFebruary 16, 2012 at 6:13 am

  father passed away left me LEHMAN BROTHERS HLDG INC MEDIUM TERM NOTE B/E SURVIVOR benifits 20,000 can i collect on the survivors benifit since he has passed. Or was it back my lehman brothers..? anyone

• suzanneFebruary 2, 2012 at 10:17 pm

  I will join the lawsuit. I had all my retirement money with Lehmann Bros. and lost it all. Did anyone receive the 16-page claim form to fill out? I received it last week. Looks intimidating to fill out, but I will try. My broker assured me Lehman was a GREAT place to invest. RIGHT!

• vonJanuary 11, 2012 at 12:49 am

  Trying to recover 1000 shares of value.

• JuniorNovember 24, 2011 at 12:34 am

  I am looking to find out information about the class action lawsuit filed three to four years ago.Some lawyers out of St.Louis Missouri won their case from Edward Jones and I was sent a letter telling me I was owed 340.00 but I never received the check. How do I get my money or find out how to get my money I am owed.

• BarbaraNovember 1, 2011 at 11:04 pm

  Is anyone considering/or already cnsidered filing a class action lawsuit against Lehman, as they filed a motion and settlement agreement, October 21, 2011, to disolve the Lehman Health Care Trust, hearing to be held November 16, 2011 @ 10:00am, whereby Honorable James M. Peck will decide whether Lehman &/or Trust will CEASE paying insurance premiums of retires and former employees on long term[Show More]Is anyone considering/or already cnsidered filing a class action lawsuit against Lehman, as they filed a motion and settlement agreement, October 21, 2011, to disolve the Lehman Health Care Trust, hearing to be held November 16, 2011 @ 10:00am, whereby Honorable James M. Peck will decide whether Lehman &/or Trust will CEASE paying insurance premiums of retires and former employees on long term disability under the Group Benefits Plan. AS LEHMAN STATES, SUCH COSTS REMAIN SOLE OBLIGATION OF THE INDIVIDUALS... Can you imagine, elderly people and disabled people without benefits, salary or medical insurance.... Lets file a class action lawsuit. I'm sure I'm not the only one suffering.

• PaulOctober 13, 2011 at 6:51 pm

  We may have to take a stand aginst the people involved! How can they get away with this? We need to beat the crap out of Dick Fuld and take everything he has, then sue Edward Jones for recomending LB. I lost 40K Those Basterds! My heart aches for so many people that lost everything.. If anyone is sueing anybody I would like to sign up. I hate these greedy bankers time to get rid of them...

• WolfgangJuly 7, 2011 at 2:32 am

  Any body know about the lehman bonds in euros ??

• Top HatApril 21, 2011 at 9:20 pm

  Don't get your hopes up on these bonds. As usual the lawyers will manage to eat up any funds left with fees by dragging this out as long as possible.

• marleneMarch 1, 2011 at 3:40 am

  how do we get answers to all the above comments????

• ScottFebruary 9, 2011 at 5:52 pm

  This is a cop out.This company did not have to go bankrupt.They were my mortgage holder and recieved $130.000 of a $110.000 loan and since we missed a couple payments padded the bill with a various group of costs.They refused to work with us and lost our paperwork (surprize).End result the house was pretty well paid for and they forclosed.I suppose everyone who were in decision making possitions i[Show More]This is a cop out.This company did not have to go bankrupt.They were my mortgage holder and recieved $130.000 of a $110.000 loan and since we missed a couple payments padded the bill with a various group of costs.They refused to work with us and lost our paperwork (surprize).End result the house was pretty well paid for and they forclosed.I suppose everyone who were in decision making possitions in this company are filthy rich,since they sold my home for $70,000.There should be a recourse for deceptive practices like this. Aurora loan services,Lemann Brothers,and Peirce and associates from Chicago Ill (who I might add were sited in a class action suite for overcharging Aurora and Lemann's customers)They are bottom feeders getting filthy rich from the missfortune of others.

• JosephFebruary 2, 2011 at 8:39 pm

  My wife and I bought 2,000 shares Lehman Brothers Hldg Inc 7.95% non cum perpetual PFD ser J as offered by Smith Barney in February of 2008. We held on to the bitter end, expecting some kind of bail-out from BOA or the Government and fianlly sold at $0.34 per share. The question is, "What are our chances of recovering anything?"

• MJanuary 8, 2011 at 12:39 pm

  Can anyone tell me if my mother would be eligible for any action to be taken - her advisor had her portforlio in equities 90% at the age of 56 thru to 72 and has only last year reduced this to a "safe" portfolio. She has lost half of everything. She really doesn't understand about equities and we live abroad and have only recently found this all out. Her advisors seem like a reputable company tha[Show More]Can anyone tell me if my mother would be eligible for any action to be taken - her advisor had her portforlio in equities 90% at the age of 56 thru to 72 and has only last year reduced this to a "safe" portfolio. She has lost half of everything. She really doesn't understand about equities and we live abroad and have only recently found this all out. Her advisors seem like a reputable company that did well for her in the boom years. Could nayone point me in the right direction to get information? Many thanks

• JackOctober 26, 2010 at 2:06 pm

  I am a retiree who purchased a $40,000 bond through the Trust Department of my bank. The bond matured one day after tje bankruptcy and lost about 80% of my investment. Bad timeing!!!

• NORMASeptember 9, 2010 at 8:09 pm

  We too, invested with Edward Jones in Holding Bonds with LB, we visited our broker about a month before they "fell" and he advised us that even tho' they were having trouble it would be fine and they would recoup. We lost half our life savings, my husband has been in depression ever since that time, and we see no way to get any of our money back. Who can u trust?

• JanetJuly 20, 2010 at 12:30 pm

  After LB declared bankruptcy, I received an explanation from Edward Jones documenting all the red flags including the fact that S&P and Moody's had both downgraded LB. I called my advisor at Edward Jones and asked why he hadn't let us know that it had been downgraded and he said that it was minimal and not cause for alarm. He knew that we were leary as we were retired and had also lost all o[Show More]After LB declared bankruptcy, I received an explanation from Edward Jones documenting all the red flags including the fact that S&P and Moody's had both downgraded LB. I called my advisor at Edward Jones and asked why he hadn't let us know that it had been downgraded and he said that it was minimal and not cause for alarm. He knew that we were leary as we were retired and had also lost all of our MCI bond.

• paulJune 11, 2010 at 3:38 pm

  I HAVE LOST 25000 WITH LEHMAN BROTHERS BONDS. MY BROKER EDWARD JONES HAS ADVISED ME TO SELL NOW AT 17 CENTS ON THE DOLLOR. TO BAD HE COULD "NT HAVE LET ME KNOW BEFORE SEPT 08. I THINK I CAN HOLD ON FOR AT LEAST .25 CENTS..

• jorgeMay 29, 2010 at 4:50 pm

  I lost 10 years of my blood and sweat by investing in Lehman bonds. Portugal's largest commercial bank BCP Millenium guaranteed that my investment was very safe, and only if BCP and Millenium went belly-up then I would lose my money. Millenium BCP lied to me and I'm still waiting for my money. I lost money in the same way in RBS and Iceland. All supposedly guaranteed by BCP Millenium in Portugal.[Show More]I lost 10 years of my blood and sweat by investing in Lehman bonds. Portugal's largest commercial bank BCP Millenium guaranteed that my investment was very safe, and only if BCP and Millenium went belly-up then I would lose my money. Millenium BCP lied to me and I'm still waiting for my money. I lost money in the same way in RBS and Iceland. All supposedly guaranteed by BCP Millenium in Portugal. All banks are very quiet abouit there toxic investments. No bank will ever see my money again. You lost all my trust. Perhaps they are all just pyramid schemes???

• GeraldMay 27, 2010 at 9:47 pm

  Acorrding to my research, A class action suit was filed in the New York Federal Southern District Court, case # 1.2008cv08225 filed Sept. 24 2008. This action (Ibelieve) mainly applied to investors who purchased series J Preferred stock LEHJQ.PK and I also think it applys to LEHMQ.PK. I'm not a lawyer just an investor. The firm that filed the class action suit is Fogel Capital Management, Inc in[Show More]Acorrding to my research, A class action suit was filed in the New York Federal Southern District Court, case # 1.2008cv08225 filed Sept. 24 2008. This action (Ibelieve) mainly applied to investors who purchased series J Preferred stock LEHJQ.PK and I also think it applys to LEHMQ.PK. I'm not a lawyer just an investor. The firm that filed the class action suit is Fogel Capital Management, Inc in NY, I believe the lead attorney on this case may be a Mr. Mckenna. However I never recieved a resonse to my email to him. You may find out more information about this Class Action suit on the New York Southern District Federal court web site.

• RichardMay 17, 2010 at 7:34 pm

  Our records show that we bought for our retirement 1600 shares of a AAA rated @$25.00/share ($40,000 investment) on 4-1-07. Lehman Bros HLdg Cap Tr V 6% preferred series M bonds.We never heard anything about the failing/failure of this bond until Lehman was bancrupt. We heard nothing from our broker, the rating company SPIC nor Lehman and still haven't to this date. No one was watching this cala[Show More]Our records show that we bought for our retirement 1600 shares of a AAA rated @$25.00/share ($40,000 investment) on 4-1-07. Lehman Bros HLdg Cap Tr V 6% preferred series M bonds.We never heard anything about the failing/failure of this bond until Lehman was bancrupt. We heard nothing from our broker, the rating company SPIC nor Lehman and still haven't to this date. No one was watching this calamity came to pass. In my estimation there were quite a few people and companies who profited from the sale of these bonds and only the investors got the losses. It wasn't supposed to work this way and I'd like my money returned.

• RichardMay 1, 2010 at 4:03 pm

  I am interested in any class action law suits that have been filed or my be filed against the bond rating firms the rated Lehman Btothers Bonds with in the last 6 months before Lehman Brothers filed for bankruptcy. The bonds I purchased duringt that time were A rated. I think there is a good case again these firms. If these bonds would have had the correct rateing "junk", I and a lot of other peo[Show More]I am interested in any class action law suits that have been filed or my be filed against the bond rating firms the rated Lehman Btothers Bonds with in the last 6 months before Lehman Brothers filed for bankruptcy. The bonds I purchased duringt that time were A rated. I think there is a good case again these firms. If these bonds would have had the correct rateing "junk", I and a lot of other people would not have lost thousands.

• BellaApril 30, 2010 at 11:02 pm

  Is there any class action going on for COMMON STOCK shares of Lehman Brothers LEH ? Realized, it has been a while. But all my search have not resulted in anything.

• jackApril 21, 2010 at 12:44 pm

  My wife and I are both retired and have a Trust Account managed by an excellent bank in Michigan. Part of our portfolio included a $40,000 Lehman Brothers bond. Two days before the bond matured, the bankruptcy was filed. We were counting on this investment to be used for our retirement. Hope we can recoup at least 50 cents on the dollar. What bad timing for us!!

• ANTHONYApril 13, 2010 at 9:48 pm

  I WAS A HOLDER OF COMMON SHARES, AS WERE MANY OF YOU, HAVE YOU ALL NOTICED HOW SILENT OUR GOVERNMENT AGENCIES HAVE BEEN WITH REGARD TO "OUR" PROBLEM,,,, THE WALL STREET GANGSTERS HAVE ALL PERPETUATED THE GREATEST THEFT OF THE PEOPLES WEALTH,,, NOW THEY ARE IN THERE BUYING ALL THE STOCKS THAT COLLAPSED AT BARGAIN BASEMENT PRICES AND HAVE GOTTON WEALTHIER,, AND ALL THE GOVERNMENT HAS DONE IS HOLD [Show More]I WAS A HOLDER OF COMMON SHARES, AS WERE MANY OF YOU, HAVE YOU ALL NOTICED HOW SILENT OUR GOVERNMENT AGENCIES HAVE BEEN WITH REGARD TO "OUR" PROBLEM,,,, THE WALL STREET GANGSTERS HAVE ALL PERPETUATED THE GREATEST THEFT OF THE PEOPLES WEALTH,,, NOW THEY ARE IN THERE BUYING ALL THE STOCKS THAT COLLAPSED AT BARGAIN BASEMENT PRICES AND HAVE GOTTON WEALTHIER,, AND ALL THE GOVERNMENT HAS DONE IS HOLD A FEW B.S. HEARINGS TO PACIFY US,,, IF THEY CAN SUPPORT FAILING BUSINESS' WITH "OUR" MONEY, THEN WHY CAN'T THEY GET "OUR" MONEY BACK FROM "OUR" TREASURY, WELL MY FRIENDS, DREAM ON, WE HAVE ALL BEEN DUPED BY WALL STREET AS WELL AS "THEIR" GOVERNMENT),,,,,,

• SharonApril 3, 2010 at 2:16 am

  Haven't heard anything about a lawsuit, but I sure hope it happens. My late husband had a large LB bond which had the estate feature guaranteeing upon his death the bond would be paid out at the purchase amount...ha. ha...haven't gotten a thing on that either. It's just still sitting in the Edward Jones portfolio waiting to be paid, if ever.

• stevenMarch 29, 2010 at 4:45 pm

  Does anyone know anything about a class action suit against Lehman

• ChrisMarch 27, 2010 at 10:14 pm

  We also lost in LBHI based on lies. The bonds were rated "A" by the rating Agency S&P and the other two. Two weeks after we bought the bonds LBHI file Bankruptcy under Chapter 11. "Repo 105 In particular, the examiner's report... Lehman's failure to disclose its use of an accounting device called "Repo 105" to make its books l[Show More]We also lost in LBHI based on lies. The bonds were rated "A" by the rating Agency S&P and the other two. Two weeks after we bought the bonds LBHI file Bankruptcy under Chapter 11. "Repo 105 In particular, the examiner's report... Lehman's failure to disclose its use of an accounting device called "Repo 105" to make its books look better. Lehman used this device to strip some $50 billion of undesirable assets from its balance sheet at the end of the first and second quarters of 2008,..." It is obvious that the rating agency and the auditors knew! Chapter 11, Bankruptcy Act, is a legal license to commit fraud! The corporations know in advance that they "will protected by the bankruptcy courts under Chapter 11." The Bankruptcy Act is a vehicle for "ponzi schemes" and confiscation protected by " Corrupt Justice System." The Bankruptcy Act Chapter 11, violates the "prohibition "of Article I, Sec. 10, U.S. Constitution for it impairs the "Obligation of Contracts..." and it also violates Article IV "Property Rights to be secure in their papers..." With over 190 banks being foreclose so far in 2010 it is obvious that the legislators, FED and others had no intention in protecting the individual property, funds, rights etc. A state representative states, “we need to do whatever it takes to take back our rights.” What are the legislators rights? Are their rights "by doing whatever it takes" to take peoples property, funds etc.? To stop Corporate fraud, repeal the "Bankruptcy Act Chapter 11" "AMEND the CONSTITUTION!" Empower the people to "EXPRES their WILL" on ALL ISSUES!

• CharlesMarch 23, 2010 at 7:18 pm

  Just came across this site. I worked for Lehman from 1987 to 2006 and have over 5,000 shares of common stock. I thought I had a decent nest egg for my retirement.... little did I know.... I have been reading all of the comments about getting a class action suite started... if one has started can someone let me know how I can join and if some of you want to start one, I am in..... They shouldn't be[Show More]Just came across this site. I worked for Lehman from 1987 to 2006 and have over 5,000 shares of common stock. I thought I had a decent nest egg for my retirement.... little did I know.... I have been reading all of the comments about getting a class action suite started... if one has started can someone let me know how I can join and if some of you want to start one, I am in..... They shouldn't be able to get away with this!!

• DaleFebruary 8, 2010 at 5:02 pm

  Bought my lehman bonds 30 days before the collaspe of Lehman I WAS TOLD THESES ARE A GOOD INVESTMENT. The bonds were in an IRA account. 10,000 turned into 1500 in 30 days. SAFE? Merrill Lynch can not give my any advice as to what is happening to the bonds...this is full service brokerage? Mybe I really dont want their advice after all as they said Lehman was a good investment.

• MarilynJanuary 26, 2010 at 12:17 am

  I am 83 years old and had a $100,000.00 Lehman Bros. bond with Charles Schwab.. The loss of allmost $500.00 per month has changed my life. Charles Schwab people have no information..

• SandyJanuary 13, 2010 at 8:18 pm

  I also have a $100,000 bond in Lehman with Edward Jones. I called Edward Jones yesterday and couldn't find out anything. There must be someone at Lehman Brothers that we can call to get an update?

• CharlesJanuary 11, 2010 at 5:30 pm

  I have $200,000.00 in Lehman bonds with Edward Jones. Realy cant get a good answer from Edward Jones on whats going on.

• kathyJanuary 5, 2010 at 3:42 am

  I lost $50,000 worth of stock. I have not gotten any paperwork. I would also like to know how to get on the claim list? My *&##$$@ investment banker knows NOTHING> help.........

• SheliaDecember 30, 2009 at 10:08 pm

  Is there any hope of getting any compensation on preferred stocks invested with Lehman Brothers. How do we get on the investor's claim list?

• sylviaDecember 30, 2009 at 2:01 pm

  i lost most of my pension with lehman bros. approximately $40,000.00. how do i get on the investors claim list? i have not received any papers from anyone. i've been an investor since2002.

• oletaDecember 8, 2009 at 7:20 pm

  I hold a Lehman Bros HLDGS Inc Medium Term NTS ( $20,000) that was purchased for me on 11/19/07. Lehman Bros Defaulted in September, 2008. I filed my "Proof of Claim" against them before the bar date September 22, 2009 requesting my $20,000 returned to me. I understand if I join a Class Action law suit and get some of my money back. I understand that later I can file a Loss Claim to IRS for the b[Show More]I hold a Lehman Bros HLDGS Inc Medium Term NTS ( $20,000) that was purchased for me on 11/19/07. Lehman Bros Defaulted in September, 2008. I filed my "Proof of Claim" against them before the bar date September 22, 2009 requesting my $20,000 returned to me. I understand if I join a Class Action law suit and get some of my money back. I understand that later I can file a Loss Claim to IRS for the balance to be used toward the following years of money owed to IRS. If this is correct I will welcome joining a Class Action Suit.

• pollyDecember 1, 2009 at 11:18 am

  I'd like to know about the Lehman bonds that have the estate feature. My husband had $100,000 in one of these bonds and he passed away in March -09.....what or when will the estate feature materialize

• dwayneNovember 24, 2009 at 3:24 pm

  Upon reading all these horror stories,I must share mine.I had purchased a convertable through LHM for Fannie MaeThe total purchase price was $5000 with interest @25% for 6 months.Needless to say,the market and bond callapsed and LHM stopped paying the interest.So,I called FINRA and explained how the broker told me that the interest was"GUARANTEED".Six months later I recouped 80% of my money back.

• redcapsNovember 4, 2009 at 12:13 am

  any information regarding Smith Barney and Lehman bankruptcy?

• ValerieOctober 19, 2009 at 3:20 am

  My broker bought me $ 250,000 worth of the Lehman Seriies J preferreds in February of 2008. (@$ 25 per share) It was an "investment grade" stock prior to its September collapse as far as I was told and told not to sell. I also had lots of other preferreds which went way down and I sold them for fear of another Lehman collapse. I am a single mom who once felt very secure in my situation. Now I[Show More]My broker bought me $ 250,000 worth of the Lehman Seriies J preferreds in February of 2008. (@$ 25 per share) It was an "investment grade" stock prior to its September collapse as far as I was told and told not to sell. I also had lots of other preferreds which went way down and I sold them for fear of another Lehman collapse. I am a single mom who once felt very secure in my situation. Now I'm not. And pretty angry at having been sold Preferred stocks wheh I had no idea they were so specultive. Is there a class action suit and if so when will it take place!?

• PatriciaOctober 6, 2009 at 7:21 pm

  First, as their power of attorney, then co-trustee of my parents' trusts after they passed away, my experience with their Edward Jones financial advisor is that Ed Jones advisors appear to get away with "murder" and, all the while, Ed Jones covers, supports and lies for them. My elderly parents' constant phone calls and home visits from their "advisor" , pressured them into buying whatever the [Show More]First, as their power of attorney, then co-trustee of my parents' trusts after they passed away, my experience with their Edward Jones financial advisor is that Ed Jones advisors appear to get away with "murder" and, all the while, Ed Jones covers, supports and lies for them. My elderly parents' constant phone calls and home visits from their "advisor" , pressured them into buying whatever the "advisor" benefited most from. He wasn't looking out for their best interests. My heart breaks for those folks represented in the stories above. My mother's $10,000 Lehman Brothers corporate bond is now worth $500. My father wanted to cash it in, along with five other bonds, in 2007, and his "advisor" begged him not to, as he played on my father's emotions, by stating those were my mother's "favorite bonds". She had just recently passed away. There has to be a special place in hell for "advisors" such as these.

• AllanSeptember 19, 2009 at 3:29 pm

  Bought Lehman Preferred in "04". Like everyone else--goodby. Broker never warned. Shouldn't _____have known something (big firm)?

• AnnSeptember 15, 2009 at 6:28 pm

  I purchased $21,000 in Lehman Bros. through Edward Jones. These were bought at two different times, one $10,000 and another $11,000. In August of 2008 I began to see red flags with Lehman and called my broker to sell these bonds. He said why?. I told him they were going bankrupt and I wanted as much as possible before that happened. He then put in an order to sell and I sold the $10,000 for $[Show More]I purchased $21,000 in Lehman Bros. through Edward Jones. These were bought at two different times, one $10,000 and another $11,000. In August of 2008 I began to see red flags with Lehman and called my broker to sell these bonds. He said why?. I told him they were going bankrupt and I wanted as much as possible before that happened. He then put in an order to sell and I sold the $10,000 for $7,500 but he advised against the $11,000 bond because the loss was much more. needless to say I lost all the amount in this one. If there is a class action law suit filed, I would appreciate your advice.

• JackieSeptember 14, 2009 at 1:59 am

  Regarding Lehman Preferred Series “J” shares, was a class action filed and by what law firm?

• arvinAugust 29, 2009 at 9:18 am

  i invested funds in Royal Bank of Scotland through a bank in investmen bank in Portugal. The investment was fixed for three years starting from may 2006. After 7 months of investment, the bank transfered my investment into Lehman without my authority. can anybody advice, what should i do? I will appreciate your advice.

• RonAugust 28, 2009 at 6:43 pm

  The Friday prior to the announcement of bankruptcy, I held 1/2 million in corporate bonds. The day of the bankruptcy, my broker told me I was broke. Suddenly, a speculater came on the scene, and offered me a "quick" 25 cents on the dollar. Since I needed the funds to live, I took the offer rather than lose it all. Do I have any recourse, or am I dead ?

• KathyJuly 27, 2009 at 9:34 pm

  Family member in her mid-80's lost $95K in Lehman Bond when Edward Jones told her to hold onto it. Other financial advisors I've heard of since told their clients to get out in time. Edward Jones sure led everyone astray but, of course, only have excuses. No atty. I've spoken to will handle such a "small amt". One atty. that was researching a potential class action has now suddenly become sile[Show More]Family member in her mid-80's lost $95K in Lehman Bond when Edward Jones told her to hold onto it. Other financial advisors I've heard of since told their clients to get out in time. Edward Jones sure led everyone astray but, of course, only have excuses. No atty. I've spoken to will handle such a "small amt". One atty. that was researching a potential class action has now suddenly become silent. All the little guy can do is whine and take the punch I guess. Very sad. You'd think that there would be enough of us to justify class action.

• CamilleJuly 10, 2009 at 8:28 pm

  I purchased a substantial amount of Lehman Pref. J stock. I never received any correspondence from any lawfirm regarding a classaction. Nor, did I receive any mail from Lehman s pursuant to their bankruptcy. I think they should all be in jail, starting with Dick Fuld

• DAVIDMay 18, 2009 at 2:18 pm

  EDWARD JONES,LEHMAN BROS AND PEOPLE IN ARE GOVT. SHOULD HAVE SEEN THIS COMING AND SHOULD HAVE LET US KNOW.I FIND THAT SOMETHING IS GOING ON SINCE NO BALE OUT.BUT EVERYONE ELSE GOT ONE.NO ONE IN ANY OF THESE PLACES HAS BEEN FINED OR JAILED .ALL OF THEM ARE ENJOYING OUR MONEY!! IS THERE ANY HELP OUT THERE FOR THE LITTLE GUY??

• JuanMay 15, 2009 at 4:16 pm

  I have 6000 shares and plan to keep them to the end. What else can I loose. At least is more probable to recover that play the lottery.

• JimApril 15, 2009 at 12:28 pm

  My broker, Edward Jones invested $45,000 in Lehman Bonds because he said they had a good return and were safe. I am retired and I stressed I was not interested in risking the principle for a few few extra percentage. When the value fell to $32,000 I said I think you had better sell. Something is going on. He said if you sell you will lose more. It is best to wait because you will probably get all[Show More]My broker, Edward Jones invested $45,000 in Lehman Bonds because he said they had a good return and were safe. I am retired and I stressed I was not interested in risking the principle for a few few extra percentage. When the value fell to $32,000 I said I think you had better sell. Something is going on. He said if you sell you will lose more. It is best to wait because you will probably get all the invested amount back. My second called to him was the same response.. Now they are worth about $1,000 and Edward Jones is pretty mum about the incident. I plan legal action as that is the only recourse.

• DanielApril 11, 2009 at 10:10 pm

  '@ Mary: you wanted to make money for free. That only happens when somebody gets screwed. No such thing as a free lunch, and all that. It's just the balance of the world. Homeostasis. What goes up must come down. Etc etc. It's not wrong that they "could let this happen to investors." What's wrong is that anybody ever got rich off of investments to begin with.

• MaryApril 10, 2009 at 11:35 pm

  I was invested with Lehman Bros. I had a $20,000.00 note. When I got the note I was told that it was to mature on 03/09/29, and if they were to call it before that date that I would get my full amount of $20,000.00 back and if it was not called until 03/09/29 then I would receive what ever the going rate for the note was at this time. I was receiving a check from them each month at $92.50. Now the[Show More]I was invested with Lehman Bros. I had a $20,000.00 note. When I got the note I was told that it was to mature on 03/09/29, and if they were to call it before that date that I would get my full amount of $20,000.00 back and if it was not called until 03/09/29 then I would receive what ever the going rate for the note was at this time. I was receiving a check from them each month at $92.50. Now the note is worth $750.00 if any one could even get this amount. I am very upset about this and I think it is so wrong that they could let this happen to investors who work so very hard for their money and just to have it go away in a single day

• B. FrankApril 7, 2009 at 9:14 pm

  To Wright's comments posted on March 13 thinking we were all told of the risk involved in investing in Lehman Bros........When we put $80,000.00 into bonds with Lehman we were told not to worry as bond holders are ALWAYS paid back first. So who is lying to us? Lehman or our financial advisor? We took all our money out of CD's and now have next to nothing. Rough when you are in your 70's and ca[Show More]To Wright's comments posted on March 13 thinking we were all told of the risk involved in investing in Lehman Bros........When we put $80,000.00 into bonds with Lehman we were told not to worry as bond holders are ALWAYS paid back first. So who is lying to us? Lehman or our financial advisor? We took all our money out of CD's and now have next to nothing. Rough when you are in your 70's and can't make that money back in this lifetime!

• DonaldMarch 26, 2009 at 6:07 pm

  I purchased a $50,000. Lehman Brothers Bond MTN ,01/06/2020 # 52517PYH8 on !/01/05. Is there a Class Action Suit ? Do we have to wait for the bankruptcy to be resolved before the suit ?

• clydeMarch 23, 2009 at 9:28 pm

  what happened to equal protection UNDER THE COMMERCE CLAUSE and the fourteenth amendment to the CONSTITUTION? If a class actiion us commenced, i would like to claim my $100,000.00 corporate bond loss.

• CarolineMarch 19, 2009 at 11:51 pm

  I am another Edward Jones retard! Was told by broker not to sell my $102K worth of bonds because they would survive!! I didn't sell and they went bankrupt that weekend! I even have my conversation with the Edward Jones broker on tape. Any class action suits or advise for bondholders??

• OvettaMarch 19, 2009 at 8:59 pm

  I lost approx. $35,000.00 that was invested in Lehman. I was not informed that the stock I was buying was Lehman, but a group of stocks. I need to be a part of the class action lawsuit.

• W.WrightMarch 14, 2009 at 3:38 am

  You all kill me. You act as if you were mugged. It is a horrible and sad thing the have a stock collapse, but you had to know that there was some risk involved, as there is any time you invest in the market. And why on earth would anyone invest everything they had into a single stock? That is extremely poor investment strategy. Lastly, so you band together and sue Lehman Brothers? Great, now exact[Show More]You all kill me. You act as if you were mugged. It is a horrible and sad thing the have a stock collapse, but you had to know that there was some risk involved, as there is any time you invest in the market. And why on earth would anyone invest everything they had into a single stock? That is extremely poor investment strategy. Lastly, so you band together and sue Lehman Brothers? Great, now exactly where is THAT money supposed to come from to pay you if you win?

• WinnieMarch 13, 2009 at 7:52 am

  I bought Lehman Minibond since 2004. I am frustrated due to the following: (1) When purchasing the product, the risk associated with it is not clearly explained. I am not even aware that there is present of a swap counterparty that in case swap counterparty default, investor will not get back the money. (2) There was no information received from the selling agent or concerned parties about [Show More]I bought Lehman Minibond since 2004. I am frustrated due to the following: (1) When purchasing the product, the risk associated with it is not clearly explained. I am not even aware that there is present of a swap counterparty that in case swap counterparty default, investor will not get back the money. (2) There was no information received from the selling agent or concerned parties about the upgrade or downgrade of the underlying reference entities, swap counterparty and the issuer. If I get the rating or information updates of reference entities, swap counterparty and the issuer, I might sell the mini bond earlier before Lehman Brothers went bankruptcy. (3) In addition, the regulators did not consider that the minibond was a high risk product and never impose any guideline and risk disclosure requirement on the selling of the product. I think the regulators in Hong Kong (HKMA and SFC) should also bear certain responsibilities. They should not allow such complex product be sold through the retail banks in Hong Kong.

• RobertMarch 9, 2009 at 5:02 pm

  Does anyone know of a class action suit for loss of reverse convertible securities, with loss of $13,000 in less than 3 months? I signed up for one, but the lawyers require a minimum loss of $50,000.

• LarryMarch 7, 2009 at 1:06 am

  Add my wife and I to the list of mis-led clients of Edward Jones. We contacted Edward Jones on Thursday, Sept. 11, 2008 regarding the Lehman bonds we had had since 2003 and were told Ed Jones main office was not advising anyone to sell. At that point they were worth approx. 67% of face value (if they could have been sold). I guess the moral is to trust your gut, not the so-called financial advi[Show More]Add my wife and I to the list of mis-led clients of Edward Jones. We contacted Edward Jones on Thursday, Sept. 11, 2008 regarding the Lehman bonds we had had since 2003 and were told Ed Jones main office was not advising anyone to sell. At that point they were worth approx. 67% of face value (if they could have been sold). I guess the moral is to trust your gut, not the so-called financial advisers. Their only advice is to sell you a product!!! We are conservative investors and the bonds represented our retirement savings. So any info on class action against Ed Jones and Lehman appreciated.

• NateMarch 4, 2009 at 8:18 am

  Please look into the EU. In Luxemburg and Germany, some banks have refunded investors which had bought "Capital Guaranteed" products issued by Lehman. Unless there are consequences for lying and dishonesty, why would anyone buy securities ever again?

• moMarch 2, 2009 at 4:19 am

  Maybe, some of these theives should be prosecuted.

• JimFebruary 25, 2009 at 6:06 pm

  We too purchased approx. 50K of Lehman Bros. Corporate Bonds, in Mar./08 rated A1, A+. Surely someone would have known at that time the company was iin deep trouble. 401K that I worked hard for down the tube - but hopefully recoup possible.

• AlanFebruary 17, 2009 at 4:25 pm

  Looking for any information regarding class action suits involved with Lehman. Purchased Preferred in 03 for income on broker recommendation

• BGFebruary 14, 2009 at 6:27 pm

  Parent passed from terrible cancer. I inherited Lehman common stock shares worth $28,000 at time of estate settlement. Wanted to sell Lehman and reinvest proceeds into low cost, diversified mutual fund which my other small investments are in. I didn't get around to it in time what with family matters and legal situation I was dealing with. Lost it all. I have learned a hard lesson not to trust CEO[Show More]Parent passed from terrible cancer. I inherited Lehman common stock shares worth $28,000 at time of estate settlement. Wanted to sell Lehman and reinvest proceeds into low cost, diversified mutual fund which my other small investments are in. I didn't get around to it in time what with family matters and legal situation I was dealing with. Lost it all. I have learned a hard lesson not to trust CEO/CFO's in a-n-y U.S. business. I have learned not to trust anyone in my government which pick and chose who to bailout. I suppose if it had been that sacred cow of Wall Street, the wealthy, and the politically connected - Goldman Sachs, then it would have been bailed out for sure. Anyway, little doubt many political and Wall Street insiders who had exposure to Lehman Brothers investments got their nut out early. Stick with well diversified, low cost mutual funds appropriate to your age and goals people! Don't ever, ever, ever put your faith in politicians or people whose motivation is heavily influenced upon generating fees and commissions for their personal benefit.

• RaffiFebruary 11, 2009 at 2:53 pm

  I had Lehman Brothers principal protected Stuctured Notes sold through UBS. I want to be sure that my claim against UBS is included in the Class Action Suit, i was assured by my UBS broker time and time again, that these were principal protected structured notes, and i will not lose my principal no matter,i had 130.000.00 of my life savings in it , this is unfair to common peaople like us

• GLYNDAFebruary 6, 2009 at 8:14 pm

  I got a lehman bros corporte bond from my mom when she died, which came from my grandparents money when they died. I bet they spinning in their graves. That bond was bought in 2004 for around $45,000. Now it is worth under $2,000.00. I blame Ed. Jones for some of this, they know what is going on. When the value went down to $29,000 I asked to maybe get out and Ed. jones said no, would be a wa[Show More]I got a lehman bros corporte bond from my mom when she died, which came from my grandparents money when they died. I bet they spinning in their graves. That bond was bought in 2004 for around $45,000. Now it is worth under $2,000.00. I blame Ed. Jones for some of this, they know what is going on. When the value went down to $29,000 I asked to maybe get out and Ed. jones said no, would be a waste of money. Stay in for long haul, lehman bros. been around for a long time!!! I wish we could take Ed. jones to court also. I am 61 and needed that money for my retirement . I have always worked hard then get some money from family and lose it to a bunch of evil banks. Then the us government bails out the crooks. The bailout should have been for lehman bros. also. to help the poor people who lost money.

• LeandroFebruary 6, 2009 at 12:24 pm

  I also bought preferred stocks (Lehman Preferred Series “J” stock shares issued between February 5, 2008 and September 15, 2008) through Merrill Lynch, on their sound advice that this was a safe investment and now the shares are worthless. I am from Argentina. I think there would be something to do against the US government as they had to control if Lehman was lying on it financial statements and [Show More]I also bought preferred stocks (Lehman Preferred Series “J” stock shares issued between February 5, 2008 and September 15, 2008) through Merrill Lynch, on their sound advice that this was a safe investment and now the shares are worthless. I am from Argentina. I think there would be something to do against the US government as they had to control if Lehman was lying on it financial statements and let it to bankrupt, against Merrill Lynch as they recommended these stocks to be bought as a safe investment, the SEC who did not controlled anything, against Lehman as they lied on its financial statements. I would like to be included in any action class against any of the above mentioned institutions.

• g davidFebruary 5, 2009 at 6:25 pm

  I am a old guy that invested in these secure bonds. Thank God that I have an old camper that I can live in. GDT

• halFebruary 4, 2009 at 7:45 pm

  In august 08 my SB agent called to tell me to sell Lehman immediately as something was up. I was on vacation and the next week when I called he said, hold on to it for now. That sounds very suspicious to me. How can I find out if others were givin this information

• TerryFebruary 4, 2009 at 4:44 am

  I held 15K in corporate bonds. Purchased through Edward Jones. They now value the bond at $200. No one will tell me anything about what we will be able to do. My broker even doesn't seem to care. I was told to sit tight and see what happens, I already know what happened, I lost all my money!! I too would like to be included in ant class action suit.

• JohnFebruary 3, 2009 at 2:57 pm

  Has any boby made any headway with this class action against Lehman Brothers, I would like to join the action class action suit, could somebody give me some pointers as I invested a great deal of money back in October 2006

• RosalindJanuary 29, 2009 at 6:00 pm

  I purchased a corporate bond for $100,000.00 in Lehman Bros, holdings and have not received any money back, Is their any class action suit involving this, I was not even told by my broker what the entity was or the possibility that I may lose the whole amount. It was completely misrepresented by my Lehman advisor.

• conradJanuary 27, 2009 at 6:40 pm

  I held a $20,000.00 corporate bond with Lehman Bros. ,for which I received 15 cents on the dollar following the bankruptcy filing. I would like to join in any class action suit against Lehman Bros.and it's executives . I believe that they acted recklessly with investors money and the possibility of fraud is very strong in my evaluation of their personal enrichment.

• GabrielJanuary 22, 2009 at 2:55 pm

  $70,000.00 of 6.9 % Lehman Bros UK Cap Fd V LP. Current Value $0.00 Can any one advise what can i do? this bond is issued by Lehman Uk Cap FD, is there any news about the liquidation and any amount could be recovered?

• SylviaJanuary 21, 2009 at 8:31 pm

  I owned $100,000. I am an elderly widow and my agent knew I had to be in 100% safe investments. On 2 occasions I asked him to get me out of Lehman and he did not.

• BharatJanuary 21, 2009 at 1:25 am

  If any action lawsuit has ever filed or will be filed against Lehman Brothers for common stocks, Please let me know. I want to join in the action lawsuit. Don't let these cheaters go away without serious actions taken against them.

• JoanJanuary 20, 2009 at 12:04 am

  I bought LB Holdings Inc. MTNote Bond 7% coupon on 2/1/08 from Steifel Nicholas. I was not informed that it was a risky bond and of course was told that bondholders get paid first. I can't even get info on what my $10,000 investment might be worth, if anything. I feel mislead and want to recoup my money.

• L.J.January 14, 2009 at 6:27 pm

  Purchaser of "Lehman Brothers Holdings Notes 6%" sold by Edward Jones. Issue was rated as investment grade ,not Edward Jones policy to sell high risk securities. As an unsecured creditor, my 50K investment is almost worthless. My issue is that Jones had a fiduciary responsibility to its customers to monitor the reckless management practices of Lehman and inform them of the very high risk nature th[Show More]Purchaser of "Lehman Brothers Holdings Notes 6%" sold by Edward Jones. Issue was rated as investment grade ,not Edward Jones policy to sell high risk securities. As an unsecured creditor, my 50K investment is almost worthless. My issue is that Jones had a fiduciary responsibility to its customers to monitor the reckless management practices of Lehman and inform them of the very high risk nature that their investment had become, since safety of principal was our prime concern. Even thougth our monthly statement indicated the notes were consistently dropping in value, Jones advised us to "hold on we think they will come out of it" How serious could they have been in regard to follow up due diligence? Edward Jones will never get another dollar of ours to invest!

• LaytonJanuary 13, 2009 at 7:34 pm

  I am also an investor in Lehman Brothers bonds sold by Edward Jones. I am a conservative investor and was never told how risky these bonds were. I paid full price and only got 5.37% interest which is not the payback for a risky bond. I never was told that Lehman was investing in high risk mortgage securities in great quantities and I believe that the ratings never got below an A rating. I would[Show More]I am also an investor in Lehman Brothers bonds sold by Edward Jones. I am a conservative investor and was never told how risky these bonds were. I paid full price and only got 5.37% interest which is not the payback for a risky bond. I never was told that Lehman was investing in high risk mortgage securities in great quantities and I believe that the ratings never got below an A rating. I would be willing to join a class action against Jones for lack of fiduciary duty if it was possible. Jones made money selling Lehman bond junk and left me hanging. They are not getting any more of my business.

• Ms ClarkeJanuary 12, 2009 at 11:11 pm

  I am a former employee of Lehman Brother. I was laid off before the company file bankruptcy. One week after they announced they are bankrupt I receive a letter stating that my severance package was discontinued and so was what ever medical they had given to me for the short time. I would like to know if there is a class auction suit going on for employees whose severance was violated.

• oletaJanuary 5, 2009 at 6:44 pm

  On 11/19/2007 Compass Bank Brokerage Department Account Executive in Montgomery, Al. sold me a $20,000.00 Corporate Bond, typed on Confirmation page I received. LEHMAN BROS HLDGS INC MTN INT RATE 7.000 % MATURITY 11/16/2037 DATED 11/14/2007 BOOK ENTRY ONLY CALLABLE 11/16/11 @ 100.000 1st CPN DTE 05/16/08 CPN PMT SEMI ANNUAL ON MAY 16 AND NOV 16 MOODY RATING UNRATED S & P RATING UNRATED FITCH [Show More]On 11/19/2007 Compass Bank Brokerage Department Account Executive in Montgomery, Al. sold me a $20,000.00 Corporate Bond, typed on Confirmation page I received. LEHMAN BROS HLDGS INC MTN INT RATE 7.000 % MATURITY 11/16/2037 DATED 11/14/2007 BOOK ENTRY ONLY CALLABLE 11/16/11 @ 100.000 1st CPN DTE 05/16/08 CPN PMT SEMI ANNUAL ON MAY 16 AND NOV 16 MOODY RATING UNRATED S & P RATING UNRATED FITCH RATING NA. On 12/29/2008 I called Compass Brokerage main office at Birmingham, Al. (1-800-239-1930) The clerk said my bond was underwritten and sold through Lehman Brothers. Since this bond was sold to me in 2007 and Lehman Bros filed for bankruptcy protection Chapter 11 on Sept 15, 2008. Can I be included in this Series "J" stock shares that was issured between Feb 5, 2008 and Sept 15, 2008? I LOANED my money in good faith that I would not lose it.

• charlesJanuary 2, 2009 at 9:53 pm

  I purchased lehman bros notes in Dec 2004 i don't know how they fit into the bankruptcy. I received a form to file from the trustee to fill out but when i tried to get infomation about the notes i was told by edward jones i don,t have to file it as they have their own trustee that is representing me and others involved with edward jones notes. I don,t feel comfortable about this I think i will se[Show More]I purchased lehman bros notes in Dec 2004 i don't know how they fit into the bankruptcy. I received a form to file from the trustee to fill out but when i tried to get infomation about the notes i was told by edward jones i don,t have to file it as they have their own trustee that is representing me and others involved with edward jones notes. I don,t feel comfortable about this I think i will send one anyway

• ZheminDecember 29, 2008 at 6:37 pm

  I bought Lehman Brothers HLDG Inc 7.95% NON CUM PERPETUAL PFD SER J. Does anyone know is it the same one as Lehman Preferred Series “J” stock shares. It was also $25 per share and the trade date is 02/05/2008. I bought $30000, now it remains market value $1.20

• BrendaDecember 28, 2008 at 9:33 pm

  Same as all of you. I lost $20,000 on preferred stock " D ". I was assured by Edward Jones that it was top company grade stock. Kept noticing monthly statement showing the value dropping. I called Edward Jones, expressing my concern. Made 2 appts. with them expressing even more concern. They kept telling to hold on; that it would be alright. I think that we should join forces in a class[Show More]Same as all of you. I lost $20,000 on preferred stock " D ". I was assured by Edward Jones that it was top company grade stock. Kept noticing monthly statement showing the value dropping. I called Edward Jones, expressing my concern. Made 2 appts. with them expressing even more concern. They kept telling to hold on; that it would be alright. I think that we should join forces in a class action lawsuit, even suing our government if that is what it takes.

• EllisDecember 25, 2008 at 7:33 pm

  Purchased about 15K of the J series Preferreds with high Investment level ratings and now I am being told by my broker with AGE/Wachovia that I wont be able to recover anything. I was upset about the complete lack of assitance or guidance being given so I did the search and found this legal action ongoing which I knew absolutely nothing about. Its amazing to me that the Gov bails out AIG and eve[Show More]Purchased about 15K of the J series Preferreds with high Investment level ratings and now I am being told by my broker with AGE/Wachovia that I wont be able to recover anything. I was upset about the complete lack of assitance or guidance being given so I did the search and found this legal action ongoing which I knew absolutely nothing about. Its amazing to me that the Gov bails out AIG and everyone else yet lets Lehmans go into bankruptcy. I am disabled and 65 yrs old & needed this income & bought feeling a company that had been in business for well over 100 yrs and highly rated by Moody's etc was safe.

• BarryDecember 24, 2008 at 6:09 pm

  On the recomendation of my financial advisor (Edward Jones), I purchase $50,000 of AA rated Lehman Brothers notes in 2006. Now it is worth $700. I contacted a recent law firm that is conducting a class action lawsuit to find out that only recent (mid 2007 and later) investments are to be included in their lawsuit. They explained that (based on prior suits of this type) they could not win if the[Show More]On the recomendation of my financial advisor (Edward Jones), I purchase $50,000 of AA rated Lehman Brothers notes in 2006. Now it is worth $700. I contacted a recent law firm that is conducting a class action lawsuit to find out that only recent (mid 2007 and later) investments are to be included in their lawsuit. They explained that (based on prior suits of this type) they could not win if the suit contained investments that were made prior to 2007. So, what do we do now? Half of our retirement is gone and I have gone back to work. We all need to call our senators and congressmen. They are partially responsible for this mess and they need to know we are going to hold them accountable. If this had happened in other countries, the people who lost their savings would be marching on their government buildings and even rioting to demand justice. Why did our government not bail out Lehman Bros. ? Why have they left us without our retirement, etc. We must stop being passive and start making demands. WE MUS HOLD OUR GOVERNMENT OFFICIALS ACCOUNTABLE. WE MUST DEMAND ANWSERS AND JUSTICE.

• peterDecember 22, 2008 at 11:35 pm

  RE: Jim's Dec.16th note on Edward Jones ...you should definitly sue them for misleading you... Edward Jones is the business name for "Edward D. Jones & Co., L.P." in both the US and Canada. With 10,000 branches, and 38,ooo employees...and revenues last year of 4.2 billion...they can afford to pay you back. There are many suits against Edward Jones...including mine...

• susanDecember 18, 2008 at 9:08 pm

  Does anyone know if there is a class action suit against Lehman by their former employees? I worked at Lehamn from 5/1998 to 7/2002 and purchased their common stock thru their Employee Stock Purchase Program. I have about 650 shares which totaled about $20,000 at one time. Guess I'm out-of-luck like everyone else.

• JimDecember 16, 2008 at 7:19 pm

  Edward Jones placed $45,000 in senior bonds indicating they were a safe purchase. They knew I was retired and was not interested in any risky investment. This occured in 2004. When I notice I has lost almost $15,000 I called my broker who said not to worry. I called again about 10 days later and I told me my fear were misplaced that even if they went bankrupt I would still get up to 85% return as [Show More]Edward Jones placed $45,000 in senior bonds indicating they were a safe purchase. They knew I was retired and was not interested in any risky investment. This occured in 2004. When I notice I has lost almost $15,000 I called my broker who said not to worry. I called again about 10 days later and I told me my fear were misplaced that even if they went bankrupt I would still get up to 85% return as he had had a number of discussion with Edward Jones Headquarters. Now my bonds are worth only a few cents on the dollar. I was totally misled with their advice.

• ElsieDecember 12, 2008 at 4:35 am

  Yes I also feel we should go after the government for not stepping in, this is crazy that everyone else was bailed out but LB. Why is there no action against the government!!!!!!!!!!

• patDecember 3, 2008 at 1:28 am

  IS THERE ANYONE OUT THERE WHO FEELS THAT MAYBE WE SOULD SUE THE GOVERNMENT FOR NOT STEPPING IN AND HELPING THEM LIKE THEY HELP EVERYONE ELSE.. I DON,T THINK THATS FAIR YOU LET A COMPANY THE SIZE OF LEHMAN GO OUT AND BAIL EVERYONE ELSE OUT

• GINANovember 29, 2008 at 12:58 am

  I purchased 25k Lehmna bros 3/08 with a 3/09 mature date. was assured this was super safe- now it is worth less// spoke to my stock broker 2day. I can't even take as a loss since it's in my retirement account... But I did cash in another retirement policy as I was laid off my job after 14 yrs and needed some money.... Is the goverment going to give me a break on the early retirement taxes!!!! NO[Show More]I purchased 25k Lehmna bros 3/08 with a 3/09 mature date. was assured this was super safe- now it is worth less// spoke to my stock broker 2day. I can't even take as a loss since it's in my retirement account... But I did cash in another retirement policy as I was laid off my job after 14 yrs and needed some money.... Is the goverment going to give me a break on the early retirement taxes!!!! NO!!!!!----- I did hear that there will be a large Class Action Law suit filing next year. Disney had milliions in Lehman bros bonds. So we may re-coop some $. I will believe when I see it

• oletaNovember 28, 2008 at 12:54 am

  if I join a class-action law suit against Lehman Brothers and get only 25% of my invesrment, can I claim a loss to IRS for what I need to break even?. Also why is Chapter 11 available in the law to allow a business to take investers money and then use the loop-hole to restart another business and walk away with the investers money and not be forced to make restution by the Federal Government ?

• BobNovember 26, 2008 at 4:38 pm

  Does anyone know if the Federal Government will be sued since they discriminated against a whole class of us who own Lehman stock when they let Lehman fail while bailing everyone else out and their cousins? I'd sure want to participate in that.

• RobertNovember 25, 2008 at 5:40 pm

  I have 2 Lehman corporate notes totaling $70,000 with present ratings of B3 for Moodys and NR for S&P. Originally they were A1 for Moodys and A+ for S&P. No interest is being paid. Present value is 10 %.

• JPNovember 24, 2008 at 9:18 pm

  I bought a $25,000 Corporate Lehman Brothers Holding Co. bond form TD Ameritrade (see above comments). I believe I was a victim of misrepresentation and violation of a fiduciary responsiblity. Please let me know if there is a class action lawsuit against TD Ameritrade and/or Lehman Brothers that I may join. I have filed a complaint with TD Ameritrade and the SEC. The first was investigated and[Show More]I bought a $25,000 Corporate Lehman Brothers Holding Co. bond form TD Ameritrade (see above comments). I believe I was a victim of misrepresentation and violation of a fiduciary responsiblity. Please let me know if there is a class action lawsuit against TD Ameritrade and/or Lehman Brothers that I may join. I have filed a complaint with TD Ameritrade and the SEC. The first was investigated and denied. The second is still under investigation

• JPNovember 24, 2008 at 9:12 pm

  I bought a $25,000 Lehman Corporate Holdings bond (cost was approximately $22,---) in May 2008 from TD Ameritrade. This was after a CD I had with them had matured and I was looking for a comparable investment. One of their Amerivest representatives referred me to the fixed income department who sold me the bond. I was not told that the company was under a watch or informed that the reason the b[Show More]I bought a $25,000 Lehman Corporate Holdings bond (cost was approximately $22,---) in May 2008 from TD Ameritrade. This was after a CD I had with them had matured and I was looking for a comparable investment. One of their Amerivest representatives referred me to the fixed income department who sold me the bond. I was not told that the company was under a watch or informed that the reason the bond was being sold at a deep discount was that nobody wanted it. This first representative purported to be offering the "free investment consultation" advertised in the company's flier.

• GeorgeNovember 24, 2008 at 1:31 pm

  In May at the urging of Standard Chartered Bank we invested a large portion of our savings in a "European Banking Recovery Note" from SCJL with Lehman Europe as Gaurantors. Standard Chartered said that money was 100% protected, could be traded early, would not have any US financial exposure. Standard Chartered now say money was invested 100% with Lehman US, cannot be traded, is not protected and[Show More]In May at the urging of Standard Chartered Bank we invested a large portion of our savings in a "European Banking Recovery Note" from SCJL with Lehman Europe as Gaurantors. Standard Chartered said that money was 100% protected, could be traded early, would not have any US financial exposure. Standard Chartered now say money was invested 100% with Lehman US, cannot be traded, is not protected and not their problem that bad / inaccurate information was supplied by them. Anyone any suggestions how to go after Standard Chartered Bank?

• urkoNovember 22, 2008 at 10:20 pm

  My mother and I also have been injured with 80,000 which is an important part of our savings. structured products from Lehman were sold to individual savers such as insurance and risk-free through intermediary banks ensuring that capital was not at risk. is a big scam in USA and also has been done in the rest of the world. I wonder, the investment banks could not obtain deposits from the genera[Show More]My mother and I also have been injured with 80,000 which is an important part of our savings. structured products from Lehman were sold to individual savers such as insurance and risk-free through intermediary banks ensuring that capital was not at risk. is a big scam in USA and also has been done in the rest of the world. I wonder, the investment banks could not obtain deposits from the general public as commercial banks, but in deeds, through the intermediary banks, have violated that rule and have collected funds from savers by giving simple junk bonds in return with the complicity of the intermediary banks. is not this a serious violation of the law? why it has allowed these products reach individual savers

• JULESNovember 22, 2008 at 9:29 pm

  I PURCHASED $30000 LEHMAN BROS. LEHMAN NOTES 2/22/05 5.6% DUE 2/25/30 THRU EDWARD JONES IT IS CURRENTLY WORTH $1300. I AM INTERESTED IN A CLASS ACTION SUIT TO ALSO ADDRESS THE WAY EDWARD JONES HANDLED THIS FIASCO.

• MaryNovember 20, 2008 at 4:35 pm

  We're all in the same boat being elderly and losing our life savings. This is a national disaster and we are getting no help. I called our state senator and they gave me Lehman's phone number. They told me I'll get a letter from them with a form to file. Here's the number: 1888-756-5294. At least, we can call them. Let's all pray about this. God does answer prayers. lovingly Mary

• frederickNovember 16, 2008 at 6:16 pm

  I too was solicited to buy $50,000 preferred lehman bonds in february, 2008 as a solid AA investment

• ArlynNovember 15, 2008 at 5:35 am

  People, remember - only YOU, put money you could not afford to lose into Common Stock. We are in a Depression! Read the history of 1929. The Government is making it worse by printing money that is worthless. Giving all the manufacturing to China, Japan, South America, Mexico and many more countries has taken away what made America a rich country. Buy back, at inflated prices has eaten aw[Show More]People, remember - only YOU, put money you could not afford to lose into Common Stock. We are in a Depression! Read the history of 1929. The Government is making it worse by printing money that is worthless. Giving all the manufacturing to China, Japan, South America, Mexico and many more countries has taken away what made America a rich country. Buy back, at inflated prices has eaten away at our economy. Point the finger at Stupid People in DC, and greedy companys looking for huge profits using slave labour and you now have the 2nd fall without capable elected Presedent to help you. You put a bastard in power, lick your wounds and eat your losses! I voted American! 52% of you did not! I wonder how many votes were illegals? Arlyn

• kenNovember 13, 2008 at 6:20 pm

  I purchases several thousand shares of leh days before the bankruptcy filing based on a press release of mr. fuld that indicated that they had well reserved for losses in market value of their assets,and they were well positioned. With the Sarbanes Act the SEC should be all over the CEO and CFO with both civil and criminal actions. Mr. fuld cannot in clear conscience say he just discovered leh"s [Show More]I purchases several thousand shares of leh days before the bankruptcy filing based on a press release of mr. fuld that indicated that they had well reserved for losses in market value of their assets,and they were well positioned. With the Sarbanes Act the SEC should be all over the CEO and CFO with both civil and criminal actions. Mr. fuld cannot in clear conscience say he just discovered leh"s problems in sept. 08 with the book net worth in the $26b range.

• shirleyNovember 12, 2008 at 7:20 pm

  I had funds invested in LB like many, many other folks. I would like to join a class action law suite too.

• LynnNovember 11, 2008 at 12:07 am

  I agree that Dick Fuld needs to go to jail, but make sure I get my money back first. I too lost $55,000 on a corporate bond. I will join any class action suit against Lehman Bros.. I was told that the company was stable and had been in business for over 100 years. I was re-assured by my broker that the company was rock solid a week prior to the bankruptcy and that only the stock holders would be [Show More]I agree that Dick Fuld needs to go to jail, but make sure I get my money back first. I too lost $55,000 on a corporate bond. I will join any class action suit against Lehman Bros.. I was told that the company was stable and had been in business for over 100 years. I was re-assured by my broker that the company was rock solid a week prior to the bankruptcy and that only the stock holders would be affected. Does anyone have any idea if this class action suit has been filed and if not how do we go about getting it started?

• MaryNovember 10, 2008 at 8:27 pm

  We are elderly and Ed Jones placed 20K of our retirement money with Lehman Bros. When we heard the news, we called them and they said to hold on to the end. Their main office kept telling the agents to advise their clients about this. please let us know if there is a class action lawsuit against Lehman Bros.

• DanNovember 10, 2008 at 3:14 am

  My mom, 84, put $30,000 into Lehman bonds set to mature in 2013. It's now worth peanuts. Someone has to pay for this negligence, mismanagement and malfeasance through a class-action suit, whether against Lehman or the brokerage house soliciting these bonds. A lot of people here have been burned and understandably want to get on board to recoup their money, but I haven't seen any concrete lawsuit[Show More]My mom, 84, put $30,000 into Lehman bonds set to mature in 2013. It's now worth peanuts. Someone has to pay for this negligence, mismanagement and malfeasance through a class-action suit, whether against Lehman or the brokerage house soliciting these bonds. A lot of people here have been burned and understandably want to get on board to recoup their money, but I haven't seen any concrete lawsuit information.

• PatNovember 8, 2008 at 1:48 am

  My 96-year-old father worked at a blue collar job all his life and invested a large amount of his life savings in a Lehman Brothers bond, wanting a fixed income, guaranteed principal, and an automatic "transfer on death" to his daughters to avoid probate. My sisters and I don't know how to help him try to recoup his money.

• CarlNovember 7, 2008 at 4:39 pm

  I too purchased a $50,000 Lehman Brothers Holdings bond in December 04. This was sold as a safe investment that would pay 5.6%. I began to question my investment company when I noticed a dropping trend line in this bond value. I was repeatedly re-assured Lehman Brothers was rock solid and to stay the course. As referenced many times above, the course has ended. I am told we will recover some signi[Show More]I too purchased a $50,000 Lehman Brothers Holdings bond in December 04. This was sold as a safe investment that would pay 5.6%. I began to question my investment company when I noticed a dropping trend line in this bond value. I was repeatedly re-assured Lehman Brothers was rock solid and to stay the course. As referenced many times above, the course has ended. I am told we will recover some significant amount but no one is willing to give any solid information. Currently, it appears the class action legal path is the only one to take.

• JamesNovember 3, 2008 at 8:35 pm

  I had 50 k invested in their preferred stock and bonds bought through another financial firm and certainly thought it to be investment grade. I hope fuld and others go to jail (they won't) but i would rather have my monet back.

• camilleNovember 3, 2008 at 7:01 pm

  I purchased $50,000 worth of Lehman Preferred Series "J"in February, 2008 and 6 months later they were worthless. I would like to join this class action lawsuit. Incidentally, In March, 2008, I understand Dick Fuld was awarded a bonus worth millions of dollars . Is there something wrong with this picture?

• mikeNovember 3, 2008 at 5:45 pm

  had 600 shares of preferred stock, which is now worthless. it was part of my retirement portfolio,which has been hard hit by the collapse. i'll join a class action suit to get my money back and justice.

• JimOctober 31, 2008 at 8:21 pm

  I invested in preferred notes several years ago. Would have sold my holding is I had known of Lehman Bros financial problems. Invested $15,000. now worth less that $1.

• Tony D.October 31, 2008 at 4:44 pm

  My broker Smith Barney purchased 18,000 .00 worth of Leman Brothers common stock said it was a good investment great firm. Ha!!! I'm now out 18,000.00. I guess that's how Smith Barney earns money they steal yours. If ever a class action suit please get in touch with me I'll lead the charge to the court house.

• Lehman Brothers Lawsuit to be Filed by California County : AboutLawsuits.comOctober 30, 2008 at 6:57 pm

  [...] month, a Lehman Brothers class action lawsuit was filed against the former executives and other firms who underwrote a offering of Lehman [...]

• IbrahimOctober 30, 2008 at 6:47 am

  Standard Chartered Bank, Dubai also gave me misleading information about lehman perptual 6.9% XS0301813522 only couple of months before the bankruptcy while they gave me a term sheet showing INvestment grade for this particular bond and convinced me to invest nearly leveraged- US$ 300,000 in this bond, now they claim the leverage amount, can any one advise what can i do? this bond is issued by Leh[Show More]Standard Chartered Bank, Dubai also gave me misleading information about lehman perptual 6.9% XS0301813522 only couple of months before the bankruptcy while they gave me a term sheet showing INvestment grade for this particular bond and convinced me to invest nearly leveraged- US$ 300,000 in this bond, now they claim the leverage amount, can any one advise what can i do? this bond is issued by Lehman Uk Cap FD, is there any news about the liquidation and any amount could be recovered?

• ddavidOctober 27, 2008 at 7:33 am

  My broker said Lehman was a good investment rated A+ or better. Never even received an interest check on my investment. I lost 60,000 and I'm 68 years old. It just devastated me. I too would like to know who has class action going. Actually the RATING AGENCIES should be sued. Had they rated the bonds properly, few would have bought the bonds.

• EDWARDOctober 26, 2008 at 9:11 pm

  i purchaseD 10000$ OF LEHMAN BROS HOLDINGS 6.5 5 PFDS ON OCT 18 2007. UBS BROKER SAID IT WAS A RATED.. THEY DIDNT DO DUE DILIGENCE IN SELLING THIS TO ME.. NOW WORTHLESS.. I AM 90 AND NEED THESE FUNDS .. WHAT CLASS ACTIONS ARE BEING PU RSUED.. BY THE TIME THEY ARE SETTLED.. I WILL BE LONG GONE..

• J.AngelillioOctober 26, 2008 at 5:43 pm

  I lost am anothe casulaty when Lehman Bros. went belly up....I had preffered stock, in my retirement account. I want justice......this really hurts for me and fellow investors when you believed the company was sound from Moody's and our respected advisers...If there isn't alwsuit in process for preffered...let band together and crerate one.....

• MelOctober 24, 2008 at 11:00 pm

  Why just file against Series J? I have Preferred Series K 6.375% and the Preferred 6 %. I was told they were investment grade A rated.

• lawrenceOctober 24, 2008 at 6:51 pm

  I would like to be included in any class action law suit against Lehman Brothers. i purchased corporate bonds in the amt. of approx. $100,000. I am 67 years old and retired - there goes 1/3 of my retirement. HELP!

• GinaOctober 24, 2008 at 4:09 am

  Can the terminated employees of Lehman Brothers, who was let go a week before the bankruptcy filing, be allowed to file a lawsuit against Dick Fuld and LBHI? We were promised to be paid a substantial severance package including medical benefits until June, 2009. Within a week of signing the separation contract, a letter was sent to our homes informing us that LBHI and Barclays would not honor ag[Show More]Can the terminated employees of Lehman Brothers, who was let go a week before the bankruptcy filing, be allowed to file a lawsuit against Dick Fuld and LBHI? We were promised to be paid a substantial severance package including medical benefits until June, 2009. Within a week of signing the separation contract, a letter was sent to our homes informing us that LBHI and Barclays would not honor agreement. So now, with my savings exhausted and no salary to speak of, I am forced to apply for Medicaid and Food Stamps to survive.

• milanOctober 22, 2008 at 4:56 am

  I would like to pursue a lawsuit of Lehman management. I have short sold stock in May, Lehman claim was fraudulent and I have lost over $42K.

• AngelaOctober 22, 2008 at 1:49 am

  Does anyone know if Preferred C Class shares fall in the same category as the J Class? I was advised to buy in April 08 and have lost over 50K. I would be very interested in being part of a class action suit with other holders of C Class shares.

• lee annOctober 21, 2008 at 11:35 pm

  I too was advised to buy Bonds in this good rated company Lehman bros. Yes ...someone sure made alot of money off all of us. I can not believe I lost all my retirement savings. What will we do now? This is not right for all those brokers to advise us to buy from a company that was in trouble.......I am sick sick sick !!!!!! how can you do this to people? You stole our money.

• eliseOctober 21, 2008 at 6:38 pm

  i would like to know how i can get my money back with interest. where is it written that CEO's need to make so much money , money that is taken by shareholders..... CEO's make millions of dollars, have estates, cars, with our monies.. i want my money back !!

• JamesOctober 21, 2008 at 3:58 am

  I put my 92 year old mothers life savings in AAbonds. Thinking I was investing in a sound investment. I want other people to join me in a Class action suite.Please respond if you wish to join me.We can't let these bastards get away with our money.

• andrewOctober 20, 2008 at 3:08 pm

  Yes i also bought prefered stocks ( lehman bros) in the amount of 50,000.00 thru a financial services firm, on their sound advice that this was a safe investment and now the shares are worthless. Someone is lying or very incompetent. I am retired and was depending on the interest . I am now seeking law firms who file for class action suits.

• ElsieOctober 17, 2008 at 5:10 am

  To all of the people who have posted comments on this site, I too am very intrested in joing a class action lawsuit against LB. I am an eldery women who needed the intrest of my Lehman Brothers Corporate Bonds to live on and pay all of my bills, I just cant believe what has happed, I am in a state of shock and am looking for any advise possible to take serious action against LB.

• JamesOctober 15, 2008 at 11:27 pm

  I too bought Lehman on what I thought was sound advice, albeit, it was only $6000.00 worth of stock ) worthless now. Does anyone know of a class action suit. Why not take Dick Fuld's Millions and pay us back!

• EricOctober 12, 2008 at 4:54 pm

  add me to the list of potential investors suing: $17,000,000 Lehman Bros. Holdings notes: I put in $100K in Jan '08, today said to be worth $10K.

• fredOctober 11, 2008 at 6:34 pm

  IN DECEMBER I BOUGHT $25,000. WORTH OF LEMAN BROS BONDS FROM FIDELITY INVESTMENTS. THE BONDS WERE RATED A BY MOODYS AND THE S&P RATING COMPANIES. SEEMS TO ME THEY EITHER LIED, OR ARE INCOMPETANT. I AM CURRENTLYR ALL OF IN THE PROCESS OF MOVING MY ACCOUNT FROM FIDELITY.

• ChristinaOctober 10, 2008 at 11:57 pm

  WHen I went to buy stocks about a month before they went bankrupt people were buying. It was $16.00 a share.How can they reccomend a purchase right before a crash. Someone is lying. I am a single parent and this was my sons money.

• PaulOctober 10, 2008 at 10:55 am

  There is evidence outside the U.S. that puts the Lehman Brothers problem and its link to GS [Goldman Sachs] into a completely different perspective. It could thus help Lehman Shareholders recover their losses, particularly those contemplating a lawsuit. I'm American and an oversea victim of the Wall Street Collapse. In my situation I can only issue a Warrant of Arrest against the Secretary of the[Show More]There is evidence outside the U.S. that puts the Lehman Brothers problem and its link to GS [Goldman Sachs] into a completely different perspective. It could thus help Lehman Shareholders recover their losses, particularly those contemplating a lawsuit. I'm American and an oversea victim of the Wall Street Collapse. In my situation I can only issue a Warrant of Arrest against the Secretary of the Treasury.

• jh christieOctober 8, 2008 at 8:57 pm

  how about the Lehman Bros Cap Trust V PFD Secs Ser M 6% -- are they included in any class action?

• PamOctober 7, 2008 at 8:08 pm

  I too had invested in Lehman stock. It went from $32000 down to $1600 when I cashed out. I have another 100 shares worth a whopping $14. I have suffered greatly as others and wonder why Lehman was not bailed out as others. What is the government going to do for all of our losses on stock devaluation?

• GWBMADOctober 7, 2008 at 3:10 pm

  On recommendation of Millenium BCP in Portugal I invested a high amount in Lehman bonds (ISIN) XS0301813522, with the argument that this was a safe investment without an risk. I am now seeking for law firms who file for class action suits. Any advice?

• celiaOctober 7, 2008 at 4:30 am

  Does anyone know if bonds are included in this class action or is there a different class action againts LB ...also, is there any blog o list of people involved ?

• leslieOctober 7, 2008 at 2:50 am

  I too would like to know if anyone knows of a lawsuit for share holders who had common shock?

• RitaOctober 3, 2008 at 7:27 am

  We did an investment through Millennium BCP Bank in Portugal. The investment was Lehman brothers UK Cap Fund. The investment was taken out in April 2007 and the money was to be kept in the fund until 2012. We were told that if you took out the money out before the time., it would be paid out on the value of the investment. If the investment was doing well, that was good if not then you would l[Show More]We did an investment through Millennium BCP Bank in Portugal. The investment was Lehman brothers UK Cap Fund. The investment was taken out in April 2007 and the money was to be kept in the fund until 2012. We were told that if you took out the money out before the time., it would be paid out on the value of the investment. If the investment was doing well, that was good if not then you would loose. But if you took it out on the due time the money that you initially invested was guaranteed. Now that this happen to Lehman's the bank is not keeping to its word, and it looks like we will loose all the money that we invested. What can we do?? appreciate any info.

• BobOctober 2, 2008 at 4:11 pm

  Does anyone know of a lawsuit including Lehman's common shares? I have 1000 shares. When $28,000 turn into $200, it hurts ... .

• LouisOctober 1, 2008 at 4:17 pm

  We invested in the Series J Bonds in March 2008. The $150,000 in bonds collapsed to $19,000 at the time of the bankruptcy. We were never told of the financial trouble of Lehman Brothers, but were told they were a sound institution that was strong because of it's world wide distribution. 3 months ago I contacted a financial advisory from Washington Mutual to discuss selling $50,000 of the bonds t[Show More]We invested in the Series J Bonds in March 2008. The $150,000 in bonds collapsed to $19,000 at the time of the bankruptcy. We were never told of the financial trouble of Lehman Brothers, but were told they were a sound institution that was strong because of it's world wide distribution. 3 months ago I contacted a financial advisory from Washington Mutual to discuss selling $50,000 of the bonds to pay for needed upgrades to our property. After touring the property, the advice was not to sell bonds that have decreased in value, it was best to take a loan against the bonds, do the work, and wait for a market rebound. He still did not tell me Lehman Brothers was in turmoil. and blamed the loss on market values They liquidated the bonds on one days notice to pay back the full amount of the loan and now we will owe them $26,000. Within 6 months our life's savings went from $150,000 to a $26,000 debt. My mother's life savings, that was for her health care, is gone.

• MarianneOctober 1, 2008 at 4:00 am

  Does anyone know if I owned bonds are they included in the class action lawsuit ? Is there a seperate lawsuit for the bonds. I am an elderly woman who had all of her savings in the LEHMAN BROTHERS loss.

• Dick FuldSeptember 26, 2008 at 7:51 pm

  I deserve to go to jail.