Comments on: Lehman Brothers Bond Holders Likely To Forfeit Billions

By: maurice

maurice — Mon, 07 Sep 2009 17:49:25 +0000

i filed with “finra” for an arbritration hearing against gms for the same reason.

By: Jim

Jim — Wed, 22 Apr 2009 20:35:49 +0000

My broker, Edward Jones invested $45K in Lehman Bonds. Prior to the bankrupcy filing it was worth $31,000+. I talked to the broker twiced and said I think I should sell. He said you will get more back by not selling. He insisted he was having conversations with “bonds people and his headquarters”. Now they are worth less than $1K.

The assistant attorney general in my state thinks I have a case. Edward Jones just responds with a vague letters.

By: Laurence

Laurence — Sat, 11 Apr 2009 17:59:30 +0000

I purchased $30,000 of Main Street Natural Gas at par from The GMS,Group believing it was a municipal bond, and was never told that this bond in fact was not backed by any municipality. Do I have any recourse against The GMS Group ?

By: Randy

Randy — Sat, 21 Mar 2009 17:06:06 +0000

I purchased
main street natural as bonds Series 2008A from Etrade . The bonds were classifed under the Etrade online listing of Municipal Bonds in Etrade inventory and were rated AA- muni bonds. I purchased $20,000 worth of these bonds at 100. Nowhere was there disclosure that Lehman Bros. was the primary obligor of these bonds and I never received a prospectus on the bonds.I would not have purchased had I know Lehman was the sole creditor and they were in fact not backed by any municipality.
Do I have any recourse against Etrade.?

By: Caroline

Caroline — Thu, 19 Mar 2009 23:10:05 +0000

I lost $102K in Lehman Brothers Bonds after being told by my Edward Jones Broker not to sale when news of their possible bankruptcy hit the news. His advise was based on his company;s recommendations on this matter. Lehman went bankrupt the following weekend. I have a tape recoding of my conversation with the broker. Do I have any recourse aainst Edward Jones or Lehman?

By: geoge

geoge — Tue, 06 Jan 2009 16:25:16 +0000

I purchased ga. mainstreet gas bonds from F.M.S. bonds in boca raton. I was told they were very safe. I was also told they were AA- muni bonds. I purchased $100,000.00 worth of these bonds. I was never told that Lehman Bros. was the primary issuer of these bonds and I never received a prospectus on the bonds.I would not have purchased had I know Lehman had anything to do with them. Do I have any recourse against F.M.S. or the broker who highly recommended them?

By: RICHARD

RICHARD — Wed, 03 Dec 2008 21:45:13 +0000

i purchased main st. gas bonds from F.M.S. bonds in boca raton. i was not told that lehman bros. was holding the money, didbt recieve a prospectus,and was never told this muni bond was a commidity. if i had this info.i would not have purchased this bond. please help

richard

By: tom K.

tom K. — Wed, 03 Dec 2008 13:10:57 +0000

I own 20,000 worth of lehman bonds. How can I recover any payout?

By: David

David — Fri, 14 Nov 2008 18:30:57 +0000

I own $30K of Georgia Main Street Gas bonds backed by Lehman now trading for 16 cents on the dollar. Lehman’s default spreads wide and class action suits should also include more than just stock holders.

By: EMMA

EMMA — Tue, 14 Oct 2008 07:48:34 +0000

I’d like to have informations on Lehman preferred I bought at the local branch of Deutsche Bank in Barcelona (Spain) by marc 2006.