Defendant Name:
Lehman Brothers, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Barclays PLC
SIC Code:
6022
CUSIP:
06738E20
Document Reference:
comp18116
Document Details
Legal Case Name
SEC v. Lehman Brothers Inc.
Document Name
Complaint
Document Date
28-Apr-2003
Document Format
Civil Proceeding
Case Number
03-cv-02940
Federal District Court
New York, Southern District of New York
Allegation Type
Investment Advisers/Investment Companies
Document Summary
According to SEC: "Lehman held out its equity research as providing independent stock recommendations and independent analysis of stocks based on the investment merits of the stocks being evaluated. In fact, Lehman's research analysts were, at times, confronted with pressures and conflicts of interest stemming from Lehman's desire to obtain investment banking business from covered companies."