The Monetary Authority has referred another 24 cases involving complaints of alleged misconduct regarding Lehman Brothers-related investment products to the Securities & Futures Commission, for it to decide whether to take further action.

This fourth batch of such cases referred involves three licensed banks' alleged misconduct.

The authority has referred a total of 96 cases to the commission since October 17.

Up to November 6, the authority had received 15,171 complaints concerning Lehman-Brothers-related products. Apart from the 96 cases referred to the commission, the authority has formally opened investigations into 698 complaints and is seeking  more details on 3,104 complaints.