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Lehman administrators sue for alleged US$8.5m trade error

By Benjamin Clarke

26 November 2018

Lehman administrators sue for alleged US$8.5m trade error iStock.com/ppart

The administrators of Lehman Brothers’ main European arm have accused securities broker Exotix Partners of profiting from a trading error that saw the collapsed investment bank transfer it a thousand-fold more Peruvian global depository notes than it says had been agreed.