Try our Advanced Search for more refined results

In Re: Lehman Brothers Securities and ERISA Litigation

Track this case

Case overview

Case Number:

1:09-md-02017

Court:

New York Southern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Lewis A. Kaplan

Firms

Companies

Sectors & Industries:

  1. January 11, 2016

    Ernst & Young, Starr Reach Deal In Lehman Fraud Row

    Ernst & Young and the investment firm managed by former AIG CEO Maurice "Hank" Greenberg have settled the firm's lawsuit accusing Ernst & Young of helping Lehman Brothers hide tens of billions of dollars in fixed-income securities, according to a New York federal court filing Monday.

  2. September 10, 2015

    E&Y Beats Attorney's Suit Over $1M In Lehman Warrants

    Ernst & Young LLP beat an attorney's attempt to force the auditor to cover his $1 million in unpaid warrants backed by Lehman Brothers Holdings Inc. for allegedly masking the investment bank's deteriorating financial state Thursday, when a New York federal judge ruled the attorney's case was untenable.

  3. July 10, 2015

    Lehman Workers' ERISA Suit Chalks Up Third Straight Loss

    A New York federal judge has again dismissed a class action by former employees of Lehman Brothers Holdings Inc. who owned stock in the bank and claimed that it failed to uphold its fiduciary duty to them before the bank failed in 2008.

  4. June 08, 2015

    E&Y Says Omnicare Dooms Opt-Out Suits In Lehman Litigation

    Ernst & Young LLP asked a New York federal judge Friday to dismiss two of the last remaining opt-out cases in multidistrict litigation over the failure of Lehman Brothers Holdings Inc., saying the auditing opinions E&Y provided more than met the applicable standard.

  5. May 26, 2015

    E&Y, American National Reach Deal Over Lehman Losses

    Ernst & Young LLP has settled allegations by American National Insurance Co. of Texas and certain of its affiliates that they lost over $21 million because of Lehman Brothers Holdings Inc.'s subprime exposure, the auditing firm told a New York federal judge Tuesday.

  6. April 03, 2015

    EY Says Omnicare May Doom Lehman Fraud Claims

    A New York federal judge ordered briefing Thursday on whether the Supreme Court's landmark Omnicare decision bears on fraud suits that accuse accounting firm Ernst & Young LLP of backing transactions that masked fallen brokerage Lehman Brothers Holdings Inc.'s fragile and deteriorating financial state.

  7. April 16, 2014

    Lehman Judge 'Deeply Troubled' By Saxena White Fee Bid

    A New York judge on Wednesday refused to approve a $30 million fee request by plaintiffs firms in a settled class action against Ernst & Young LLP over its auditing of Lehman Brothers Holdings Inc., saying he was "deeply troubled" by Saxena White PA's proposed cut.

  8. October 16, 2013

    Ernst & Young To Pay $99M To Settle Lehman Litigation

    Ernst & Young LLP has agreed to pay $99 million to settle claims in an investor class action against former officials and auditors of Lehman Brothers Holdings Inc., ending long-running multidistrict litigation over the bankrupt company's securities offerings, according to a memo released Wednesday.

  9. August 08, 2013

    UBS Strikes $120M Deal In Lehman Investor MDL

    After five years of litigation, UBS Financial Services Inc. has agreed to pay $120 million cash to settle its part of an investor class action against former officials and auditors of Lehman Brothers Holdings Inc. in multidistrict litigation over the bankrupt company's securities offerings.

  10. January 23, 2013

    Lehman Investors Win Class Cert. Against Ernst & Young, UBS

    A New York federal judge on Wednesday approved most of a bid for certification of an investor class action against former officials and auditors of Lehman Brothers Holdings Inc. in multidistrict litigation over the bankrupt company's securities offerings.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!