Dutch protection service comes to aid of insolvent Lehman investors


Deminor, an investor protection service, is launching action on behalf of investors in the Netherlands suffering losses from Lehman Brothers structured products. The group has formed a European Creditors Committee to protect these investors in insolvency proceedings, while pursuing action against banks and intermediaries selling with improper risk disclosure.

Deminor estimates that bonds and structured products totalling $34 billion were issued in Europe by Lehman Brothers in the past two years.

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