August 18, 2022
A Georgia federal judge dismissed Wednesday a proposed class action alleging Oppenheimer & Co. and others aided a former adviser's Ponzi scheme that led to their $110 million investment losses, but he gave the investors two weeks to request a chance to amend their complaint.
December 02, 2021
Three named defendants in a proposed class action suit against Oppenheimer & Co. over an alleged $110 million Ponzi scheme asked a Georgia federal judge on Wednesday to be dismissed from the case, arguing that the suit made "conclusory allegations" about their involvement.