Lehman's London Staff Win $300 Million Pensions Fight

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Lehman's London Staff Win $300 Million Pensions Fight

by Wochit 0:47 mins

Lehman's London Staff Win $300 Million Pensions Fight

by Wochit 0:47 mins

More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank. The deal works out at an average pension of 75,000 pounds ($124,700) for each of the 2,466 members of the scheme.

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