Stoll Berne attorney Tim DeJong was interviewed for the July 18, 2019 Portland Business Journal article, “Three Questions with the Plaintiff’s Attorney in the Massive Aequitas Settlement.” To read the article, click here.
Settlements totaling $234.6 million have been reached on behalf of approximately 1,600 investors in a proposed class action against various third parties alleged to have participated in or materially aided sales of securities by the now-defunct Aequitas companies of Lake Oswego, Oregon. It is believed to be the largest settlement of a securities lawsuit in Oregon history.
Lead counsel for the investors are Keith Ketterling and Tim DeJong of Stoll Berne in Portland and Steve Berman of Hagens Berman in Seattle. The settlements are subject to approval by the U.S. District Court in Portland.
To read more about this settlement, click here.