Lehman May Settle Over Enron
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Investment banking firm Lehman Brothers Holdings Inc. is nearing an agreement to pay approximately $200 million to settle a shareholder lawsuit over its work for bankrupt
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NEW ORLEANS, Feb. 5 (Bloomberg News) â Two investment banks, Merrill Lynch and Credit Suisse, asked a federal appeals court yesterday to end a class-action lawsuit by Enron investors seeking $40 billion that they lost when the energy trader collapsed in 2001.
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Investors will soon get clarity on an uncertain quarter.
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The company says it is discussing a settlement with the Justice Department.
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LONDON/NEW YORK  - Investment bank Lehman Brothers  Holdings Inc. is negotiating to buy GLG Partners, a leading  British hedge fund, according to a source familiar with the  matter.
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A former in-house Enron Corp. accountant said he was convinced that the energy giant&#39;s unofficial promise to buy back several barges sold to Merrill Lynch &amp; Co.
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HOUSTON - Wall Street brokerage house Lehman Brothers has agreed to pay $222.5 million to a class-action lawsuit alleging that it and other banks and brokerages helped Enron Corp.
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The Supreme Court dealt a probable fatal blow Tuesday to Enron Corp. investors' efforts to recover $40 billion from Wall Street banks in the 2001 collapse of the Texas energy company.
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new yorkâLehman Brothers Holdings Inc., the fifth-biggest American securities firm, agreed to pay $222.5 million (US) to resolve a suit filed by investors over the bank&#39;s role as an underwriter for Enron Corp.
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The University of California said it  settled a class action suit brought against Lehman Brothers for  $222.5 million to compensate it for the investment bank's sale  of securities in bankrupt energy trader Enron Corp. .
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Barclays has agreed to pay an undisclosed amount to German state bank HSH Nordbank to settle a closely watched dispute over the management of a credit derivative known as a collateralised debt obligation, ...
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Swiss bank UBS agreed to pay Enron Corp. creditors $115 million in cash to settle a lawsuit related to equity transactions, the successor to the bankrupt energy trader said on Wednesday.
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German power firm E.ON says it may settle for a smaller stake in Spanish energy firm Endesa - or even drop its bid altogether.
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Bankrupt brokerage Refco Inc.   and its customers and creditors may resolve  differences over the terms of a repayment plan as soon as  Friday, a person close to the matter said on Wednesday.
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A former assistant treasurer at Enron Corp. (ENRNQ.PK: Quote, Profile, Research) agreed to plead guilty to conspiracy to committing securities fraud on Tuesday and will cooperate
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Enron Corp.'s ENRNQ.PK former  director of investor relations has agreed to pay $1.49 million  to settle fraud charges related to the bankrupt energy company,  U.S. securities regulators said on Wednesday.
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The bid-rigging case against Marsh &amp; McLennan Cos. likely will be settled for at least $500 million, the Wall Street Journal reported Thursday.