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JPMorgan Agrees To Return $861M To Ex-Lehman Brothers’ Customers

JPMorgan Chase & Co (JPM.N) agreed to return more than $800 million of assets that will be distributed to former customers of Lehman Brothers Holdings Inc’s (LEHMQ.PK) brokerage.James Giddens, the court-appointed trustee for the bankrupt bro…

JPMorgan Chase & Co (JPM.N) agreed to return more than $800 million of assets that will be distributed to former customers of Lehman Brothers Holdings Inc’s (LEHMQ.PK) brokerage.

James Giddens, the court-appointed trustee for the bankrupt brokerage, called the settlement “a milestone” in his efforts to recover money for the customers.

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