Ferguson v. OppenheimerFunds, Inc. et al

Filing 76

ORDER: Counsel for Mr. and Mrs. Cohn shall confer with Defendants and Lead Counsel for the Champion Fund class actions and submit a Joint Status Report setting forth the parties positions and recommendations regarding the most efficient handling of their case. The Joint Status Report shall be filed on or before 12/02/2009, by Judge John L. Kane on 11/23/2009. (wjc, )

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Judge John L Kane ______________________________________________________________________________ Civil Action No. 09-cv-02738-JLK DONALD L. COHN and KAREN S. COHN, v. OPPENHEIMER FUNDS, INC. et al. Civil Action No. 09-cv-00386-JLK-KMT (consolidated with 09-cv-525-JLK-KMT) IN RE: OPPENHEIMER CHAMPION FUND SECURITIES FRAUD CLASS ACTIONS This document relates to BOTH actions. Civil Action No. 09-cv-01186-JLK-KMT IN RE: CORE BOND FUND ORDER Kane, J. The above-captioned Cohn action (No. 09-cv-2738) was recently transferred to me from the Southern District of California. Given the nature and procedural history of the Champion and Ferguson "Fixed Income" cases, it appears Cohn may properly be consolidated with Civil Action Nos. 09-cv-386 and 09-cv-525 and proceed together with the Ferguson Core Bond action as part of the Oppenheimer "Fixed Income" litigation. Because Cohn is not a class action, however, treatment separately from the class actions may also be appropriate. I would therefore like to hear from the parties as to their positions on consolidation and pretrial proceedings. Accordingly, Counsel for Mr. and Mrs. Cohn shall confer with Defendants and Lead Counsel for the Champion Fund class actions and submit a Joint Status Report setting forth the parties' positions and recommendations regarding the most efficient handling of their case. The Joint Status Report shall be filed on or before December 2, 2009. Dated November 23, 2009. s/John L. Kane SENIOR U.S. DISTRICT JUDGE

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