Federal Court Approves $40 Million Settlement in Lehman Brothers Residential Mortgage-Backed Securities Class Action Lawsuit by EON


WASHINGTON--(EON: Enhanced Online News)--A federal judge yesterday approved a $40 million settlement in a mortgage-backed securities class action lawsuit against individuals previously affiliated with Lehman Brothers Holding, Inc. (Lehman Brothers”), which in September 2008 filed the largest bankruptcy in US history. Led by Locals 302 and 612 of the International Union of Operating Engineers – Employers Construction Trust Fund, New Jersey Carpenters Health Fund, and Boilermakers-Blacksmith Natio

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