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Investor Recovery Options for Oppenheimer Global Resource Private Equity Fund LP. Losses

Investor Recovery Options for Oppenheimer Global Resource Private Equity Fund LP. Losses

Investor Recovery Options for Oppenheimer Global Resource Private Equity Fund LP. Losses 150 150 Robert H. Rex

March 21, 2012

Have you or your loved ones invested in Oppenheimer Global Resource Private Equity Fund LP ?

According to the Wall Street Journal and other business press, the U.S. Attorneys office, the SEC and the Massachusetts Attorney General  are probing whether this private equity fund that was part of Oppenheimer Holdings Inc overstated the value of its
holdings. According to the WSJ, the overestimation reached as much as $4 million and came in 2009 at a time when the fund was trying solicit new investors. The overestimation resulted in reporting an internal rate of return of 38% compared to a loss of over 6% in the prior period.

The fund, which makes investments of its own and also invests in other private equity funds, thereafter raised $55 million from individuals and institutions based upon what appears to be inaccurate and overstated performance results.

If you purchased this investment you may have claims for damages for misrepresentation and other causes of action. Call to discuss your options with an experienced securities attorney.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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