By Katryna Perera (December 2, 2021, 8:21 PM EST) — Three named defendants in a proposed class action suit against Oppenheimer & Co. over an alleged $110 million Ponzi scheme asked a Georgia federal judge on Wednesday to be dismissed from the case, arguing that the suit made “conclusory allegations” about their involvement.

William Conn Jr., Conn & Co. Tax Practice LLC and Conn & Company Consulting LLC are all named as defendants in the proposed class action and are collectively referred to as the “Conn defendants.”

They argue the complaint — filed in August by plaintiff 6694 Dawson Blvd. LLC — fails to state a claim against them and instead includes “sweeping…

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