Bloomberg.com, 18 Oct 2008, Chen Shiyin and Glenys Sim
Oct. 18 (Bloomberg) -- More than 500 Singapore investors held a public rally in Singapore for a second straight week to seek compensation for losses stemming from products tied to now- bankrupt Lehman Brothers Holdings Inc.
``The first priority is for each investor to lodge a formal complaint with the financial institution indicating how they had been misled into investing in the structured products,'' said organizer Tan Kin Lian, former chief executive officer of NTUC Income, a Singapore insurer supported by trade unions. Only about 10 percent of investors have lodged their complaints, according to Tan.
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