Skip to content
Subscriber Only

Lehman Brokerage Customers on Track to Get 100 Percent

Defunct brokerage Lehman Brothers Inc. is on track to pay hedge fund and bank customers in full after 4 3/4 years in liquidation.

New payments starting today will return 100 percent of their money to all brokerage customers, trustee James Giddens said in a statement today. Previously, he said a full payment of more than $15 billion was likely when the brokerage settled its disputes with affiliates.