Law Practice
Nov. 14, 2008
San Mateo County Targets Lehman Executives
In what appears to be a first-of-its kind lawsuit, San Mateo County sued Lehman Brothers officials and its auditor Thursday to recover $150 million it lost purchasing the now-bankrupt investment bank's bonds.
By Craig Anderson
Daily Journal Staff Writer SAN JOSE - In what appears to be a first-of-its kind lawsuit, San Mateo County sued Lehman Brothers officials and its auditor Thursday to recover $150 million it lost purchasing the now-bankrupt investment bank's bonds. "This is Main Street taking on Wall Street," said noted plaintiffs' attorney Joe Cotchett, a partner at Burlingame-based Cotchett, Pitre & McCarthy. "This is the first case in the co...
Daily Journal Staff Writer SAN JOSE - In what appears to be a first-of-its kind lawsuit, San Mateo County sued Lehman Brothers officials and its auditor Thursday to recover $150 million it lost purchasing the now-bankrupt investment bank's bonds. "This is Main Street taking on Wall Street," said noted plaintiffs' attorney Joe Cotchett, a partner at Burlingame-based Cotchett, Pitre & McCarthy. "This is the first case in the co...
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