April 16, 2013
A private equity fund managed by Oppenheimer & Co. has agreed to retain a third-party valuation consultation to review its investments as part of an agreement in Massachusetts federal court to settle class action claims of performance fraud by a local pension fund, according to documents filed Friday.
March 27, 2012
A Massachusetts pension fund filed a putative class action in federal court Monday against an Oppenheimer Holdings Inc. private fund, accusing the fund of misleading investors about the value of its investment in another private equity firm.