Oppenheimer Slips Suits Over Fraudster's $110M Ponzi Scheme

By Chart Riggall ( May 8, 2025, 9:09 PM EDT) -- A cohort of investors who said they were victims of a $110 million Ponzi scheme run by a former Oppenheimer & Co. Inc. adviser can't hold the investment firm liable for their losses, the Georgia Court of Appeals has said, ruling their losses were "at best, an indirect result" of the firm's alleged efforts to cover up the scheme....

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