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Wall Street brokerage house Lehman Brothers Holdings Corp. has agreed to pay $222.5 million to settle a class action lawsuit alleging that it and other banks and brokerages helped the failed energy giant Enron Corp. mislead investors. Lehman's settlement is the third since the case was filed weeks before Enron went bankrupt in December 2001 amid crushing revelations of hidden debt, inflated profits and accounting tricks.
October 29, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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