Articles Tagged with Oppenheimer PEP Margin Abuse Attorneys

Did Your Oppenheimer Broker Recommend The Firm’s Portfolio Enhancement Program? Our Savvy Oppenheimer PEP Margin Abuse Attorneys Are Investigating Investor Losses

If you suffered investment losses in the Oppenheimer Portfolio Enhancement Program (PEP), Shepherd Smith Edwards and Kantas (investorlawyers.com) want to talk to you. The proprietary program allegedly offered investors a chance to make an extra 5% if they would borrow money on margin to take part in the Oppenheimer PEP. This purportedly has included investing in private equity investments Alkeon 1 and Alkeon 2, both of which are illiquid and speculative.

Touted as a hedged investment, the minimum investment allowed was $1.25M. Oppenheimer PEP bet that options on indexes would stay within a tight range, which was supposed to let investors receive premiums and garner returns of up to 5% annually.