Bear Stearns Hedge Funds
Zamansky & Associates filed the first among a series of claims against Bear Stearns on behalf of investors in the firm’s High-Grade Structured Credit Strategies Fund and High-Grade Structured Credit Enhanced Leveraged Fund. We are representing individual and institutional investors who claim Bear Stearns did not fully disclose the risks and misrepresented the funds in sales materials.
In December of 2009 Zamansky & Associates and our co-counsel won the first case involving the hedge funds and received a multi-million dollar award that accounted for nearly two-thirds of our client’s principal investment.
Zamansky & Associates has a number of ongoing investor claims that will be heard over the course of the next few years. Both American and foreign investors who lost money in either the High-Grade Structured Credit Strategies Fund or the High-Grade Structured Credit Enhanced Leverage Fund can still file claims and recover losses.
Though the criminal charges against the hedge funds’ managers, Ralph Cioffi and Matthew Tannin, did not result in a conviction, a civil case filed by the SEC is proceeding against them.
Contact Zamansky & Associates here or call (212) 742-1414 for a free consultation.