Lehman Brothers estate’s $13 billion fraud suit against Barclays stemming from its September 2008 takeover of Lehman’s broker-dealer business reached its final stages this week when the parties submitted voluminous post-trial briefs.
Closing arguments in the trial, in which Barclay’s defended against Lehman’s claims that it orchestrated a secret windfall for itself when it acquired Lehman’s business, wrapped up late last month.
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