District Court, S.D. New York September 5, 2014, Nos. 14-cv-1742(SAS), 14-cv-1987(SAS), 14-cv-2305(SAS) (In re Lehman Bros.)

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

On September 19, 2008, Lehman Brothers Inc. (“LBI”), a registered broker-dealer and wholly-owned subsidiary of Lehman Brothers Holdings Inc. (“LBHI”), was placed into liquidation pursuant to the Securities Investor Protection Act of 1970 (“SIPA”), and James W. Giddens was appointed as SIPA trustee (the “Trustee”).