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Minibond Investors Action Group Files Lawsuit Against Lehman Brothers

A lawsuit was filed in the high court on 9th September 2009 by the Minibond Investors Action Group (MIAG) against the issuer (Minibond Limited), arranger (Lehman Brothers Singapore Pte Ltd) and a distributor (Royal Bank of Scotland PLC (RBS)) of the Minibond Secured Note Programme (Minibond Programme).

You can read the press release of the lawsuit as well as the basis on which the MIAG is arguing their case here:

MIAG Lawsuit Against Lehman Brothers

Minibond investors who have failed to get any form of settlement can contact the MIAG at their website if you wish to know more or be part of their legal action.

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