;)
MarketWatch is reporting that the SEC “has decided to end its investigation of potential fraud at bankrupt Lehman Brothers Holdings without any enforcement actions against the firm or its former executives.” The agency had been examining whether the bank misrepresented its financial health during the period leading up to its Chapter 11 filing in the fall of 2008.
SEC to end review of Lehman fraud
The SEC will end its investigation into potential fraud at Lehman Brothers Holdings without any enforcement actions against the firm or its former executives.
May 25, 2012