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Lehman Brothers still to file accounts
Tracey Scott
30-May-2008
Lehman Brothers could face legal action if they fail to file their overdue accounts.
The global investment bank is still to file its accounts for it’s lending subsidiary Southern Pacific Mortgage Limited.
A spokesman at Lehman says: “The 2006 accounts for SPML are currently being finalised.
“SPML and Preferred take their responsibilities, including their filing obligations, seriously.”
Failure to return file accounts on time could result in a company being struck off with the possibility of a criminal charge.
A spokemans for Companies House says: “In general terms there are grounds for legal action in cases where companies fail to file accounts in a timely manner and a late filing penalty tariff kicks-in in such circumstances.
“However, we will pursue companies to file before taking legal action in an effort to get them to submit acceptable accounts for the public record.”
Tracey Scott
30-May-2008
Lehman Brothers could face legal action if they fail to file their overdue accounts.
The global investment bank is still to file its accounts for it’s lending subsidiary Southern Pacific Mortgage Limited.
A spokesman at Lehman says: “The 2006 accounts for SPML are currently being finalised.
“SPML and Preferred take their responsibilities, including their filing obligations, seriously.”
Failure to return file accounts on time could result in a company being struck off with the possibility of a criminal charge.
A spokemans for Companies House says: “In general terms there are grounds for legal action in cases where companies fail to file accounts in a timely manner and a late filing penalty tariff kicks-in in such circumstances.
“However, we will pursue companies to file before taking legal action in an effort to get them to submit acceptable accounts for the public record.”