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Cohen Milstein Sellers & Toll PLLC
Cohen Milstein Sellers & Toll, PLLC Files Class Action Lawsuit Against Rochester Fund Municipals
April 19th, 2009
The law firm of Cohen Milstein Sellers & Toll PLLC announced that it has filed a class action complaint in the United States District Court for the Eastern District of New York on behalf of purchasers of shares of Rochester Fund Municipals (“Rochester” or the “Fund”) (NASDAQ:RMUNX, RMUBX, RMUCX) from February 26, 2006 through October 21, 2008, inclusive (the “Class Period”). The complaint alleges that Oppenheimer, which runs the Fund, misled investors about the risks of investing in the Fund, resulting in a more than 30% decline in the Fund’s value. The lawsuit identifies the following funds as affected: A Shares (RMUNX), B Shares (RMUBX) and C Shares (RMUCX). ...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-19)
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