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Lehman Brothers Bankruptcy: What Should Customers Do?

April 26, 2017Bankruptcy Brothers customers lehman sipc

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Lehman Brothers Bankruptcy: What Should Customers Do?

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If a firm goes belly up – like Lehman – and the SIPC steps in, most customers will probably get their funds back within one to three months after they file a claim. It could happen faster, if the bankrupt brokerage firm’s accounts and assets are transfer to another brokerage.