Email - - PDF

Oppenheimer Funds Securities Action

Acting as Special Assistant Attorneys General to the State of Oregon, Stoll Berne attorneys Keith Ketterling, Keith Dubanevich and Jen Wagner obtained a $20 million settlement on behalf of the Oregon College Savings Plan in a lawsuit against Oppenheimer Funds. The lawsuit alleged that Oppenheimer Funds violated the Oregon Securities Law in connection with its Core Bond Fund, resulting in significant losses incurred by college savings accounts invested through the Plan. The settlement provided relief to Oregonians in, or about to enter, college and who had relied on funds in their college savings accounts to assist with tuition.