Have you suffered investment losses in Oppenheimer Rochester LtdTerm NY MunisA? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.
The White Law Group is investigating potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase Oppenheimer Rochester LtdTerm NY MunisA.
Our firm is paying close attention to Oppenheimer Rochester LtdTerm NY MunisA and other funds with high involvement in Puerto Rico, in particular, the ways in which broker/dealers marketed and sold the products to investors. In many cases, broker-dealers marketed these investments as safe and secure when in reality these funds were overexposed to the risk of a Puerto Rico default on debt.
Investors were likely attracted to the Oppenheimer Rochester LtdTerm NY MunisA due to the relatively high interest or dividend offered. Unfortunately, it appears that certain financial advisors failed to adequately disclose the risks of the fund to their clients (particularly in light of the funds overconcentration of investments in Puerto Rico). According to reports, the Oppenheimer Rochester LtdTerm NY MunisA has approximately 20.6% of its investable assets invested in Puerto Rico debt.
This is obviously a big problem for the Oppenheimer Rochester LtdTerm NY MunisA fund with Puerto Rico threatening to restructure debt and postpone bond payments.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of the Oppenheimer Rochester LtdTerm NY MunisA fund, please contact The White Law Group at 312-238-9650 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit http://whitesecuritieslaw.com.
Tags: FINRA, Oppenheimer Rochester LtdTerm NY MunisA attorney, Oppenheimer Rochester LtdTerm NY MunisA broker fraud, Oppenheimer Rochester LtdTerm NY MunisA class action, Oppenheimer Rochester LtdTerm NY MunisA current value, Oppenheimer Rochester LtdTerm NY MunisA devaluation, Oppenheimer Rochester LtdTerm NY MunisA fraud, Oppenheimer Rochester LtdTerm NY MunisA investigation, Oppenheimer Rochester LtdTerm NY MunisA investment fraud, Oppenheimer Rochester LtdTerm NY MunisA investment losses, Oppenheimer Rochester LtdTerm NY MunisA lawsuit, Oppenheimer Rochester LtdTerm NY MunisA lawyer, Oppenheimer Rochester LtdTerm NY MunisA losses, Oppenheimer Rochester LtdTerm NY MunisA price, Oppenheimer Rochester LtdTerm NY MunisA redemption program, Oppenheimer Rochester LtdTerm NY MunisA reevaluation, Oppenheimer Rochester LtdTerm NY MunisA share value, Oppenheimer Rochester LtdTerm NY MunisA valuation, Recovery of Oppenheimer Rochester LtdTerm NY MunisA losses, SEC, Securities Attorney, Securities Lawyer, securities losses Last modified: July 17, 2015