Beasley Allen is currently reviewing Tremont Investment claims on behalf of institutional investors. These cases involve alleged securities fraud and include as defendants Tremont Group Holdings, Inc.; Tremont Partners, Inc.; Rye Investment Management, Oppenheimer Acquisition Corporation, Oppenheimer Funds, Inc.; Massachusetts Mutual Life Insurance Company, and KPMG, L.L.P.

Tops Personnel Inc. Group Defined Pension Plan & Trust, Jersey City, N.J., today filed suit against Tremont Group Holdings and various subsidiaries, Oppenheimer Acquisition Corp. and parent Massachusetts Mutual Life Insurance Co. over losses tied to Bernard L. Madoff Investment Securities.

Dec. 16 (Bloomberg) -- Tremont Group Holdings Inc., a hedge- fund firm owned by OppenheimerFunds Inc., had $3.3 billion, or more than half its total assets, invested with Bernard Madoff, according to a person familiar with the matter.