SAN FRANCISCO - Oakland has filed suit against several bond insurers, with charges that include fraud and breach of contract, for the sale of bond insurance policies that the city says turned out to be worthless.

The complaint, filed Thursday in state-level Superior Court in San Francisco, parallels similar suits filed by Los Angeles and Stockton in July, which are being handled by the same California law firms, Cotchett, Pitre & McCarthy, and Renne Sloan Holtzman & Sakai LLP. The Oakland and Los Angeles suits use much of the same language.

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