[css] Failed to decode downloaded font, OTS parsing error: invalid version tag + rails 4

I've had the same issue.

Adding the font version (e.g. ?v=1.101) to the font URLS should do the trick ;)

@font-face {
    font-family: 'Open Sans';
    font-style: normal;
    font-weight: 600;
    src: url('../fonts/open-sans-v15-latin-600.eot?v=1.101'); /* IE9 Compat Modes */
    src: local('Open Sans SemiBold'), local('OpenSans-SemiBold'),
    url('../fonts/open-sans-v15-latin-600.eot?#iefix') format('embedded-opentype'), /* IE6-IE8 */
    url('../fonts/open-sans-v15-latin-600.woff2?v=1.101') format('woff2'), /* Super Modern Browsers */
    url('../fonts/open-sans-v15-latin-600.woff?v=1.101') format('woff'), /* Modern Browsers */
    url('../fonts/open-sans-v15-latin-600.ttf') format('truetype'), /* Safari, Android, iOS */
    url('../fonts/open-sans-v15-latin-600.svg#OpenSans') format('svg'); /* Legacy iOS */
}

Clicking (right mouse click) on font's TTF version and selecting "Get Info" (Mac OSX) "Properties" (Windows) in context menu should be enough to access the font version.