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Lenders Target Oppenheimer Over $1.8B Loan Breaches

By Christopher Norton (July 18, 2011, 5:31 PM EDT) -- A group of lenders sued OppenheimerFunds Inc. and two affiliates in New York state court on Friday, alleging they breached contracts and concealed that they didn't meet certain preconditions for loans in order to wrongfully procure a total of $1.8 billion....

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