Court denies schools recovery of $20 million in losses from Lehman Brothers bankruptcy
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on Feb 1, 2013
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A state appeals court on Thursday approved the dismissal of a lawsuit brought against San Mateo County by 12 county school districts including the Menlo Park City, Las Lomitas, Portola Valley and Woodside districts over the collective loss of about $20 million in investments resulting from the 2008 Lehman Brothers collapse.
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