Current Investigations

Zamansky LLC Investigates The Babson Capital Global Short Duration High Yield Fund (BGH)

We are investigating sales of the Babson Capital Global Short Duration High Yield Fund (NYSE: BGH), a closed end short duration high yield bond fund for potential securities law suitability violations. Since 2009, many investors, particularly retirees or those seeking income, have invested in short duration high yield bond funds.   These high yield funds were …

Zamansky LLC Investigates The Third Avenue Focused Credit Institutional Fund (TFCIX) and Investor Fund (TFCVX) For Potential Securities Fraud Violations

New York, New York: Zamansky LLC announces that it is investigating the Third Avenue Focused Credit Institutional Fund (TFCIX) and Investor Fund (TFCVX) for potential securities fraud violations. The Third Avenue Focused Credit Fund is a high yield and distressed debt mutual fund that is registered under the Investment Company Act of 1940. It is …

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News

SEC Examiners Aren’t Alone In Putting High-Yield Bonds Under the Microscope

Yesterday New York City-based Zamansky LLC unveiled investigations into a dozen open-end mutual funds, two hedge funds, and a closed-end fund. The investigation comes four days after Zamansky filed a $500-million, putative class-action lawsuit over the now-infamous fall of Third Avenue’s Focused Credit Fund. Click here to view the full article on mfwire.com.

Third Avenue Fund Faces $500M Investor Suit After Freeze

Third Avenue Management Co. LLC and its founder were hit with a $500 million shareholder lawsuit Friday that charges they breached their fiduciary duties with a $790 million junk-bond fund that recently froze redemptions. Third Avenue Focused Credit Fund investor William Engel accuses the firm, founder Martin Whitman and other executives of failing to maintain …

Zamansky LLC Obtains Record $3.1 Million Award in UBS-Puerto Rico Bond Fund Arbitration

On August 28, 2015, investors represented by Zamansky LLC attorneys Jacob H. Zamansky and Edward H. Glenn Jr. received a $3.1 million award for losses sustained in connection with closed-end bond fund and municipal bond investments managed by UBS-Puerto Rico. The award represents the largest to date against UBS or any other brokerage firm arising …

Pharmaceutical Giant Sanofi Under Investigation for Possible Violations of ERISA

On the heels of its agreement to pay $109 million to settle claims that it provided illegal “kickbacks” to doctors in exchange for prescribing and selling an arthritis medication, Sanofi is facing yet another allegation of violating federal “anti-kickback” laws. This time, a whistleblower lawsuit alleges that the pharmaceutical giant’s CEO and other top executives …

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Media

Zamansky LLC Obtains Record $3.1 Million Award in UBS-Puerto Rico Bond Fund Arbitration

Jake Zamansky Talks About Puerto Rico Bonds in a WOSO Radio Interview

Jake Zamansky Talks About Puerto Rico Bonds in a WOSO Radio Interview. Listen Now!

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WORA-TV in Puerto Rico Reports on Puerto Rico Bond Investors