OppenheimerFunds Reaches $100 Million Settlement with MBS Plaintiffs 

The AmLaw Litigation Daily
May 22, 2011

Jonathan M. Plasse was quoted regarding the $100 million settlement in two putative class actions against Oppenheimer Core Bond Fund and Oppenheimer Champion Income Fund

“We believe these funds were presented as safe and conservative investments to consumers,” Jonathan Plasse of Labaton Sucharow said in a statement. “We are pleased that we could recover some of the classes’ losses and, hopefully, improve transparency in the way that these types of funds are managed in the future.”