Class action in USA - minibonds

There was a report in Bloomberg that a US court has decided to allow the minibond investors in Hong Kong to sue Lehman Brothers and the trustee HSBC in their court. Some minibond investors have asked me to organize a similar action on behalf of the minibond investors in Singapore.

At present, a US law firm, Kirby McInerney (KM), is acting for the Pinnacle Notes investors in Singapore in their legal action against Morgan Stanley. They decided earlier that they did not wish to act for the minibond investors as the issuer, Lehman Brothers, was already insolvent.

I have checked with KM if they are willing to review this case, in the light of the decision on the suit taken by the Hong Kong investors. KM has confirmed that their decision is still the same.

If any minibond investor is aware of other US law firm that are willing to take up their case on a "success fee" basis, you can ask the US law firm to contact me.

Tan Kin Lian