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State of Oregon Sues OppenheimerFunds

New York Times Blogs – Officials in Oregon are seeking $36.2 million in damages from OppenheimerFunds, which managed an account responsible for steep losses in the state’s college savings plan....

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Oregon sues financial company over losses in college savings plan

Montgomery Advertiser – State offi­cials are seeking $36.2 million in damages from Oppenheimer­Funds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan....

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US Law Firm Investigating OppenheimerFunds for ‘Hedge Fund Like’ Trading

West Palm Beach (HedgeCo.net) – OppenheimerFunds, Inc. and OppenheimerFunds Distributor, Inc. is being investigated by US law firm Hagens Berman Sobol Shapiro for alleged violations of federal...

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Chrysler Opponents Unmasked

BusinessWeek  – The list of dissidents is much smaller than the original 20 or so hedge funds that veoted a pre-bankruptcy deal to reduce Chrysler’s outstanding secured debt. The list of hedge funds...

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