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Five law firms, including O'Melveny & Myers and Stoel Rives, are among more than a dozen parties that agreed to pay $109 million to settle investment fraud suits pending in federal court in Portland, Ore. The case stems from alleged fraud committed by a Portland investment management firm accused of losing nearly $500 million invested by employer pension and health benefit trusts, as well as individual investors.
May 23, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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