The court-appointed examiner who investigated the collapse of U.S. investment bank Lehman Brothers Holding Co made his report public after a judge ruled he could do so on Thursday. Here are some highlights from the report, which is available here. A full story will follow shortly:

* Examiner says “business decisions that brought Lehman to its crisis… may have been in error but were largely within the business judgment rule”

* Examiner says a limited amount of assets of (Lehman affiliates) were “improperly transferred” to Barclays PLC

* Examiner says there may be “colorable claims” against senior officers ” who oversaw and certified misleading financial statements”, naming Fuld, O’Meara, Callan and Lowitt

* Examiner says there may be “colorable claims” against Ernst & Young and senior officers for failure to meet professional standards in connection with lack of disclosure

* Examiner says “Lehman’s valuation procedures may have been wanting and that certain valuations may have been unreasonable”

* Examiner says there is sufficient evidence to support that Lehman was insolvent on beginning on September 2, 2008

* Examiner says Lehman’s “small margin of equity relative to assets meant it did not need much loss of asset value to render it insolvent”

* Examiner says “a colorable claim is one for which there is sufficient credible evidence to support a finding by a trier of fact”

* Examiner says Lehman employed certain repo transactions for sole purpose of “balance sheet manipulation”

* Examiner says JPMorgan Chase & Co is still holding about $6.9 billion of Lehman collateral

* Examiner says Lehman may have a “colorable claim” that would let it recover some collateral transfers made to JPMorgan as part of a September guaranty

* Examiner says Lehman may have a “colorable claim” against one clearing bank – JPMorgan – arising from collateral demands in 2008

* Examiner says JPMorgan CEO Dimon told Fuld in every conversation “that he did not want to harm Lehman”

* Examiner says JPMorgan CEO Dimon said had Lehman CEO Fuld called him, JPM would likely not have insisted on collateral because it didn’t want to be blamed for Lehman’s demise

CBOE files for $300 million IPO (Reuters)
“The Chicago Board Options Exchange will pay a special dividend of $113 million before the IPO to its current stakeholders, and annual dividends of 20 to 30 percent of prior-year net income to shareholders after the IPO, the company said in filings with the Securities and Exchange Commission.”

Kabel Deutschland IPO – ambitious play or cunning ploy? (Reuters)
“Kabel Deutschland’s premium pricing for its $1 billion IPO could invite a similar fate to other recent failed private equity-led offerings, and some still think it’s a ploy to smoke out trade buyers.”

Samsung Life gets bourse nod for record $4 billion IPO (Reuters)
“Fund managers and analysts are cautious in predicting demand for Samsung Life, ranked 14th among global life insurers in premiums received, but said the IPO would attract developing market-focused funds.”

Sensata Rises on Stock Debut (WSJ)
“If Netherlands-based Sensata Technologies Holding B.V. can hang on to its gains for the entire session, it would be the first time a new stock priced within range and rose on the first day of trading in the U.S. since January.” – WSJ

UK clean tech to try luck in uncertain IPO market (Reuters)
“British companies involved in the waste and energy efficiency sectors are considering flotations to raise funds for growth even as the IPO market remains uncertain.”

Fiat May Need to Convince on Chrysler Before Auto IPO (Bloomberg)
“The Italian company’s stock has risen 21 percent this month on speculation that Chief Executive Officer Sergio Marchionne may carve out Fiat’s biggest unit as a new company.” – Bloomberg

10 Biggest IPO Flops in History (HowStuffWorks)

“If all goes well, investors scramble to buy the freshly minted stock, lifting the price through the roof and making lots of people happy — by which we mean filthy rich — in the process.” – HowStuffWorks

Eyeblaster Eyes an IPO for the Second Time (BloggingStocks)
“True, the economic system has since stabilized. But is the market ready for an Eyeblaster IPO?” -BloggingStocks