Larger group of Minibond investors plans suit
They call themselves the Minibond Investors Action Group or MIAG and plan to take the failed Lehman Minibond product to court. -ST
Thu, Feb 26, 2009
The Straits Times
By Francis Chan
A SECOND group of Lehman Minibond investors has announced plans to take the distributors and trustee of the failed product to court.
The investors - they call themselves the Minibond Investors Action Group or MIAG - appears to be larger than a 250-strong group that threatened legal action last week.
It also appears to have a more concrete legal strategy.
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