"people report action" Securities and Futures Ordinance" Section 107

Press Release - Lehman Victims Coalition

Lehman bitter Members will attend Sunday "people report action" oath-taking rally!

Lehman Victims Association (Alliance of Lehman Brothers Victims) On November 21th (Sunday), East Point Road, Causeway Bay (Causeway Bay MTR Station D3 Exit) held a "people report action" oath-taking rally, at least a thousand people are expected to attend. This is the aggrieved party to unite all the victims to revive the morale and the importance of actions taken to another peak of activity, please be sure to attend the rally to support Lehman (Please wear black clothes) rally.

The "people report action" oath-taking rally, the ultimate goal is to be able to launch ten thousand Minibond Lehman victims under "Securities and Futures Ordinance" Section 107, to Police Headquarters and the Commission for the crimes report.

Alliance in the swearing-in ceremony have hold a few weeks before the General Assembly a series of talks, has called for more than 500 victims to became the first informant, and continue to contact other victims to join in. Alliance will report daily to send a certain number of people, prepare a statement of all, many victims in the solidarity of the door to "the Securities and Futures Ordinance" at 107 report, ask the police and all the independent Commission to open the case.

Alliance to remind victims during reporting to exercise their civil rights, and joined forces to monitor the progress of investigation, about the manner of the Government severely dealt with financial service, but also on social justice, this event no longer allowed to let this matter to rest.

The major goal of the oath-taking rally will help arouse awareness "of the Securities and Futures Ordinance" at 107 Article credentials justice. Ordinance states that in order to induce others to invest misrepresentation is an offense to a maximum fine and imprisonment for seven million, is a serious offense. However, Lehman Brothers Minibonds products were sold through banks, with illegal sales practices on this and yet the (mis-selling) Claimed responsibility is ignored by government. Therefore, this "action" is necessary to create civic responsibility and social justice starting, thoroughly investigated the lawless banks.

We understand that the victims were very much falled into the traps the same way as the banks after one another as banks fabricated a variety of false statements to deceive and mislead them to buy Lehman products. Two years onwards, thousands of victims have complainted to various government departments, but the vast majority of the cases are not being followed up. The Police Commercial Crime Bureau, disregard of the situation of the victims of different foes, all classified the crimes in the same report number processing, as a single case. This shows little interest in the police investigation.


Alliance believe that the Government was unwilling handled this case impartially, the event has risen to the level of justice, so regardless of whether victims accepted settlement agreement or not must be brave and stand to the front lines of reporters, so the culprit executed, financial regulators in Hong Kong to find out problems contribute to this case, they can also own us a fair answer. This also force the Government to re-address the root of the problem as soon as possible, to draw at the end to provide an effective solution to us.

Victims are invited to attend the rally not alone, but also bring along their families and informed others to come for those who did not attend the seminar to be present at the Lehman Swearing rally! Please spread the message, this is the best action and now is the last moment.

Lehman Victims Alliance