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Brockton Retirement Board v. Oppenheimer Global Resource Private Equity Fund I, L.P. et al
Case Number:
1:12-cv-10552
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 16, 2013
Oppenheimer To Retain Valuation Firm In PE Fund Fraud Deal
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.
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March 27, 2012
Oppenheimer PE Fund Accused Of Misleading Investors
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.