Lehman Administrators Win Suit Over $7M Trade Error

By Paige Long (September 9, 2019, 5:09 PM BST) -- A judge ruled Monday that Lehman Brothers' European trading unit did not intend to transfer almost 23,000 Peruvian government securities to Exotix Partners LLP, agreeing with administrators for the investment bank that the broker should have flagged the $7 million error....

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