WD Sues Lehman Brothers Over Auction-Rate Securities
Asking for more than $190 million with Ceradyne
By Jean Jacques Maleval | June 11, 2009 at 3:42 pmTo read this article from Reuters, click on:
Ex-clients sue Lehman over auction-rate securities
WD and Ceradyne claim to have "suffered a devastating financial impact induced by (Lehman’s) deceptive sales practices with respect to auction-rate securities, a supposedly liquid financial product."