Lehman Brothers' U.S. brokerage yesterday finalized settlements with the former financial giant's parent and European entities, resolving nearly $44 billion in customer claims and paving the way for full repayment to the brokerage's former customers, Reuters reported yesterday. Though the deals were initially announced last year, details were ironed out and revealed in court papers and statements by the parties on Tuesday. Lehman's parent will be allowed a $2.3 billion customer claim against the brokerage, down from the $19.9 billion it had initially sought, papers show. Lehman's European unit will receive a $9 billion customer claim, reduced from the $24 billion originally asserted.
