NEWS

May 24, 2012 - The Court approves the D&O Settlement. Click here for Judge Kaplan’s orders


April 25, 2012 - The Court approves the Underwriter Settlement. Click here for Judge Kaplan’s orders.


December 15, 2011 - The Court orders that notices of two proposed settlements be mailed to potential class members and sets a Settlement Hearing for April 12, 2012 at 4:00 pm to consider approval of the proposed settlements. Click here for Judge Kaplan’s orders.


July 13, 2010 - Defendants file reply briefs in further support of their motions to dismiss the Third Amended Complaint. The Officer and Underwriter Defendants’ reply is here; Ernst & Young’s reply is here; and the Director Defendants’ reply is here.


June 30, 2010 - Lead Plaintiffs file their Opposition to Defendants’ Motions to Dismiss the Third Amended Class Action Complaint.


June 4, 2010 - Defendants file Motions to Dismiss the Third Amended Class Action Complaint. The Officer and Underwriter Defendants’ motion is here; Ernst & Young’s motion is here; and the Director Defendants’ motion is here.


April 23, 2010 - Lead Plaintiffs filed a Third Amended Complaint today in the United States District Court for the Southern District of New York. The newly revised complaint incorporates information revealed in the examiner’s report filed recently in the Lehman Brothers bankruptcy.


March 17, 2010 - In light of the Examiner’s Report in the Lehman Brothers bankruptcy proceedings, Judge Lewis A. Kaplan issued Pretrial Order No. 14 denying without prejudice Defendants’ motions to dismiss and granting Plaintiffs leave to amend the complaint on or before April 23, 2010.


March 11, 2010 - Examiner’s Report filed in Bankruptcy Court. In the bankruptcy proceedings of Lehman Brothers Holdings, Inc., court-appointed examiner Anton R. Valukas filed his Report detailing the events leading to the bankruptcy of Lehman Brothers. Click here to download the full Report (2,292 pages) and here to download all 24 appendices (1,813 pages).


December 10, 2009 -  Judge Lewis A. Kaplan scheduled oral argument on motions to dismiss for January 26, 2010 at 10:00 a.m.


July 31, 2009 -  Defendants filed their reply briefs in support of their motions to dismiss the Exchange Act Claims and Securities Act Claims in the debt/equity lawsuits.


June 29, 2009 -  Lead Plaintiffs file oppositions to motions to dismiss the debt/equity lawsuits. Click here for the Opposition to Motion to Dismiss the Exchange Act Claims and here for the Opposition to Motion to Dismiss the Securities Act Claims.


April 27, 2009 -  Defendants file two motions to dismiss the debt/equity lawsuits, one to dismiss the Securities Act claims and the other to dismiss the Exchange Act claims.


February 23, 2009 -  Lead Plaintiffs file Second Amended Consolidated Class Action Complaint for Violations of the Federal Securities Laws. Click here to view the Complaint.


January 9, 2009  -  Court consolidates related cases, and Lead Plaintiffs and Lead Counsel will continue to serve as lead plaintiffs and lead counsel for the consolidated action. Click here to view the Order.


December 15, 2008 - Lead Plaintiffs file opposition to motions seeking appointment of separate lead plaintiffs and separate lead counsel to represent purchasers of a particular Lehman security. Click here to view opposition brief.


October 27, 2008 - Lead Plaintiffs file Amended Class Action Complaint for Violations of the Federal Securities Laws.  Click here to view Complaint.


October 6, 2008 - House of Representatives Oversight Committee Holds Hearing on Causes and Effects of the Lehman Brothers Bankruptcy, Discloses Internal Lehman Documents.


July 31, 2008 - Court Appoints Alameda County Employees' Retirement Association, Government of Guam Retirement Fund, Northern Ireland Local Government Officers' Superannuation Committee, City of Edinburgh Council as Administering Authority of the Lothian Pension Fund, and Operating Engineers Local 3 Trust Fund as Lead Plaintiffs and BLB&G and BTKM&C as Lead Counsel. Click here to view Order.

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