Lehman Execs in Three-Year-Old Securities Class Action Ready to Cut $90 Million Deal

Less than a month after Manhattan federal district court judge Lewis Kaplan refused to dismiss most of the giant, three-year-old putative securities class action arising from the failure of Lehman Brothers Holdings Inc., the Lehman directors and officers targeted in the suit have disclosed that they’re looking to cut a $90 million deal with the plaintiffs.

Read more: Lehman Execs in Three-Year-Old Securities Class Action Ready to Cut $90 Million Deal — AmLaw Litigation Daily