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Class of 33,000 from Hong Kong Plans Securities Class Action Against HSBC for Lehman Losses
A group of 33,000 Hong Kong investors in Lehman Brothers-backed financial products plans to file a securities class action in the U.S. against HSBC, after Lehman’s collapse left their investments possibly worthless. The AP reports that the lawsuit is expected to be filed this month in New York against HSBC for its role in distributing […]