GE Pension Claim on Lehman Brokerage Cut to $5.8 Million

General Electric Pension Trust will settle a dispute with the defunct Lehman Brothers Inc. brokerage by agreeing to take a $5.8 million claim on the bankrupt estate, down from the $356.6 million creditor claim it originally filed in 2009, according to a filing in federal court in Manhattan.

Creditors will get paid what remains after all customers are compensated.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Charles Carter at ccarter12@bloomberg.net

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