Tag Archives: bond fund
Oregon wins first round against college fund manager
Oregon Live – Oregon won the first round in a $36 million court battle against the former investment manager of its college fund by keeping the lawsuit out of federal court. U.S. District Judge Michael Hogan ruled that the case […]
US Law Firm Investigating OppenheimerFunds for ‘Hedge Fund Like’ Trading
West Palm Beach (HedgeCo.net) – OppenheimerFunds, Inc. and OppenheimerFunds Distributor, Inc. is being investigated by US law firm Hagens Berman Sobol Shapiro for alleged violations of federal securities laws among other things on behalf of investors in the Core Bond […]
Oregon sues financial company over losses in college savings plan
Montgomery Advertiser – State officials are seeking $36.2 million in damages from OppenheimerFunds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan. Officials said in a statement Monday that risky, "hedge-fund like" investments cost […]
State of Oregon Sues OppenheimerFunds
New York Times Blogs – Officials in Oregon are seeking $36.2 million in damages from OppenheimerFunds, which managed an account responsible for steep losses in the state’s college savings plan. Officials said in a statement on Monday that risky “hedge-fund […]
Silvercreek latest hedge fund to feel sting of market downturn
Globe and Mail – The market meltdown has claimed another hedge fund, with Silvercreek Management into workout mode on a convertible bond fund that featured a who’s who of Canadian finance backers. Silvercreek oversees an estimated $300-million, and ran into […]
