If you investor in one of the 529 College Savings Plans mentioned below, or have invested in another 529 College Savings Plan, and had assets of your 529 account invested in the Oppenheimer Core Bond Fund or the Oppenheimer Champion Income Fund you have certain options and you should contact the Shareholders Foundation, Inc. immediately!

The investigation focuses on OppenheimerFunds, Inc. and OppenheimerFunds Distributor, Inc. (collectively, 'Oppenheimer') for breaches of fiduciary duty in relation to several State-sponsored college saving plans (commonly known as 529 plans) in Oregon, Texas, Maine, New Mexico, and Illinois.

* In Oregon, the affected 529 plan is known as the Oregon College
Savings Plan.
* In Texas, the affected 529 plans are known as the Lonestar 529
Plan and the Texas College Savings Plan.
* In Maine, the affected 529 plan is known as the NextGen College
Investing Plan.
* In New Mexico, the affected 529 plans are known as Scholar'sEdge
and The Education Plan's College Savings Program.
* In Illinois, the affected 529 plan is known as Bright Start
College Savings Program.

According to a press release the investigation by a law firm focuses on financial losses suffered by 529 College Savings Plans that invested in the Oppenheimer Core Bond Fund (the 'Bond Fund') and/or the Oppenheimer Champion Income Fund (the 'Income Fund'). The Bond Fund reportedly lost 38 percent of its value in 2008 while the Income Fund was down nearly 80 percent during that same time period.