Lehman Brothers

In Brief

PUBLISHED : Saturday, 21 May, 2011, 12:00am
UPDATED : Saturday, 21 May, 2011, 12:00am


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Lehman investors accept compensation offer

Thousands of investors who lost their savings in minibonds linked to collapsed investment bank Lehman Brothers voted overwhelmingly yesterday to accept an offer to recoup up to 96.5 per cent of their money, said auditors PriceWaterhouseCoopers, which has been overseeing the compensation process.