Notice to All Investors in the Oppenheimer AMT-Free Municipals Fund From the Securities Law Firm of Tramont Guerra &

CORAL GABLES, FL, Jun 26 (MARKET WIRE) --
The Securities Law Firm of Tramont Guerra & Nunez, PA (TGN) makes an
announcement to all Investors of the Oppenheimer AMT-FREE Municipals Fund
("Fund") concerning the class action lawsuit (Case No. 09 CV 02279) which
was filed on May, 13, 2009, in the United States District Court for the
District of New Jersey. The class action lawsuit was filed on behalf of
investors in the Fund which were available in multiple mutual fund share
classes including; A-shares (NASDAQ: OPTAX), B-shares (NASDAQ: OTFBX),
and C-shares (NASDAQ: OMFCX). The class action lawsuit alleges that
plaintiffs "purchased shares of the Fund issued pursuant to a prospectus
which failed to disclose the relevant risk factors." Specifically, the
prospectus failed to disclose the risks associated with "inverse floater
agreements." These agreements forced the Fund to "rapidly sell large
blocks of securities held in its portfolio" at "prices far below the
values at which the bonds were carried on its books." Prospective class
members should consider whether an individual securities arbitration
claim filed with the Financial Industry Regulatory Authority, (FINRA) is
more effective than a class action for recovery of their investment
losses.

Many investors were advised by their financial advisors that an investment
in the Fund was suitable for risk adverse investors to provide current
income. Brokerage firms are obligated to give, and investors are entitled
to rely upon, brokerage firms for competent, suitable investment advice in
accordance with the FINRA Sales Practice Rules and Regulations.
Recommendations of unsuitable investments and/or concentrated investments
in the financial sector are both sales practice violations which form the
basis of a securities arbitration claim filed with FINRA should an
investor sustain damages (losses) as a result.

The Securities Law Firm of Tramont Guerra & Nunez, PA, is a nationally
recognized, Martindale Hubbell "AV" rated securities law firm. To request
a confidential consultation from a TGN attorney to assist you in
determining whether you have a viable individual claim for investment
losses that exceed $100,000 from a full service brokerage account,
contact us on our website. To speak directly with an attorney, call (800)
578-0137 and ask for David Chacin, Esquire.

Destination URL
http://www.stockmarketlosslawyer.com/press-releases/class-action-lawsuits-oppamt
htm

Contact:
David Chacin, Esquire
2100 Ponce De Leon Blvd, Penthouse II
Coral Gables, Florida 33431
(800) 578-0137
Email Contact

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