In a securities fraud lawsuit alleging that the defendant misrepresented key information about its services and finances, a team of Stoll Berne attorneys obtained reversal of the trial court’s dismissal of the case for the lead plaintiff State of Oregon Public Employee Retirement Fund. The lawsuit alleged that when the truth came to light, and as a result of the misstatements, Oregon’s Public Employee Retirement System lost in excess of $10 million. Over the course of more than a decade of litigation, Stoll Berne attorneys Keith Ketterling, Keith Dubanevich, Josh Ross, and Steve Berman argued the case to the trial court, twice before the Oregon Court of Appeals, and before the Oregon Supreme Court and in the course of doing so established important precedent regarding the “fraud on the market” doctrine in Oregon.
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